QFI.L Regulatory News (QFI)

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4 January 2022

Quadrise Fuels International plc

("Quadrise", or "Company")

Appointment of Chief Operating Officer

Quadrise Fuels International (AIM: QFI) is pleased to announce the appointment of Philip Hill as Chief Operating Officer.

Philip is a Chartered Chemical Engineer with over 20 years of experience in fuels and chemicals manufacturing, sales and distribution for BP and INEOS. He has significant technical and commercial experience in production operations, technology licensing, asset optimisation, project development and strategic planning. Prior to joining INEOS, he managed and held directorships in a number of BP's joint ventures, where he worked to develop and license gas-to-liquids technology for downstream and synthetic biofuel applications, and to supply jet fuel to the airline industry.

Philip joins the Company as non-board Chief Operating Officer, and holds a master's degree with honours in Chemical Engineering from the University of Manchester's Institute of Science and Technology.

Jason Miles, Chief Executive Officer of Quadrise, said:

"We are delighted to have appointed Philip as COO after a rigorous recruitment process during which we met a range of highly qualified candidates. Philip joins Quadrise at the start of an exciting year for the Company. He will be a key member of our leadership team as we progress our projects towards commercialisation."

For further information, please refer to the Company's website at www.quadrisefuels.com or contact:

QFI is the supplier of MSAR® and bioMSARTM emulsion technology and fuels, low-cost alternatives to heavy fuel oil (one of the world's largest fuel markets, comprising over 340 million tons per annum) in the global power generation, shipping, industrial and refining industries.