29 August 2025: ReFuels N.V. (ticker: REFL) ("ReFuels"), one of Europe's leading suppliers of renewable biomethane (Bio-CNG) for the decarbonisation of heavy goods vehicles, today releases its interim report and presentation for the fiscal first quarter of 2026 covering March to June 2025.

Highlights:

• First-quarter dispensed volumes of Bio-CNG up 8% sequentially and 17% year-over-year
• More than 2,075 trucks using CNG Fuels’ network – steadily growing despite overall declining HGV registrations in the UK
• Renewable Transport Fuel Certificates (RTFC) prices up 39% year-over-year to 26 pence as sustainable aviation fuel (SAF) demand tightens waste feedstock markets
• Acquired 13 GWh biomethane production plant, becoming a fully integrated provider of clean fuels
• Credit facility of GBP 25 million to finance station roll-out terms are agreed and progressing towards signing
• CNG Fuels had an EBITDA of GBP 1.4 million in the quarter and expects GBP 8-10 million for the financial year 2026
• Fully equity-funded with clear path to grow refuelling capacity to 20,000 HGVs by end-2028

“The UK fleet of Bio-CNG fuelled heavy-goods vehicles is growing steadily amidst a decline in overall truck registrations. This reflects renewable biomethane’s competitiveness, with a widening cost advantage to HVO biodiesel. We are in pole position to capitalise on this shift through CNG Fuels’ planned doubling of refuelling capacity to 20,000 HGVs per day by end-2028, and we are in the final stages of completing a GBP 25 million credit facility with our partner Foresight for financing three new stations.

We are also integrating across the Bio-CNG value chain - from waste to wheel – through the recent acquisition of a Dutch biomethane plant. It complements our UK refuelling network and adds sourcing optionality alongside long-term offtake with large-scale producers,”said Philip Fjeld, CEO and co-founder of ReFuels.

ReFuels will present its first quarter 2026 results today, at 10:00 CEST. The webcast will be held by CEO Philip Fjeld and CFO Baden Gowrie-Smith. Please join the presentation via the following link: https://my.demio.com/ref/N2Yywpw5bYBVdf6r

A recorded version of the presentation will also be available after the webcast is concluded.

To receive ReFuels' stock exchange and press releases via email, subscribe at refuels.com/investors.

For further information, please contact:

Philip Fjeld, CEO ReFuels N.V.
Tel: +44 7976 159 833
E-mail: Philip.Fjeld@refuels.com

Baden Gowrie-Smith, MD & CFO, ReFuels N.V.
Tel: +44 7768 007 009
E-mail: baden.gowrie-smith@refuels.com

About ReFuels
ReFuels is decarbonising Europe's truck fleet through its 40% ownership of CNG Fuels – a fully integrated clean fuel infrastructure platform combining sourcing of renewable biomethane (Bio-CNG), Renewable Transport Fuel Certificates (RTFCs) and ownership and operation of the UK’s largest clean fuel station network. By end-2028, the target is to have a capacity to serve 20,000 heavy goods vehicles per day, while the long-term ambition is to become Europe's leading integrated supplier of alternative fuels for commercial fleets. For further information, please visit www.refuels.com.

This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR Article 17. The information was submitted for publication at 2025-08-29 06:30 CEST.

Attachments
ReFuels Q1 2026 Report
ReFuels Q1 2026 Presentation

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