On January 13, 2025, Vitol B.V. (“Vitol”) has in accordance with sections 70 and 72 of the Danish Companies Act published a notice regarding a compulsory acquisition by Vitol of the shares in WPU – Waste Plastic Upcycling A/S (“WPU”), held by the minority shareholders of WPU.

After expiry of the compulsory acquisition period on February 10, 2025, such shareholders in WPU, who by February 10, 2025 have not accepted to sell their WPU shares to Vitol for cash payment of NOK 15 per WPU share of nominally DKK 0.01, will have their shares compulsorily purchased against cash payment corresponding to NOK 15 per WPU share of nominally DKK 0.01 through Verdipapirsentralen ASA (Euronext Securities Oslo).

For further information, reference is made to the announcement published by WPU on the Euronext exchange (Link below):

https://live.euronext.com/en/product/equities/dk0061676400-merk#CompanyPressRelease-12598133