QFI.L Regulatory News (QFI)

23 November 2022

Quadrise Fuels International plc

("Quadrise", "QFI" or the "Company")

Publication of Sustainability Report

Quadrise (AIM:QFI), the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, is pleased to announce the publication of its inaugural Sustainability Report, which can be found on the Company's website: www.quadrisefuels.com/investor-relations/reports-presentations/.

The report includes an overview of the environmental and economic benefits of the Company's technology as well as its scope 1 and 2 carbon emissions, alignment to the UN Sustainability Goals and ambitions to create a net-zero fuel by 2030.

Following a year of significant progress for Quadrise, this report is designed to place the Company in the broader environmental context and serve as an accessible reference point for decision-makers in the marine, energy and industrial sectors looking to decarbonise their businesses rapidly, practically and economically, as well as providing important information on the Company's positioning for investors.

Commenting on the report, Andy Morrison, Chairman of Quadrise, said:

"I am very proud to present our inaugural Sustainability Report and to highlight the potential of Quadrise's technology. Our proven and patented fuels offer immediate emissions and cost reductions with drop-in solutions that leverage existing infrastructure.

During 2022, we have seen energy security, climate change and fuel costs rise to the top of the policy agenda for governments and businesses alike, and it is clear that the need for solutions such as ours has never been more vital."

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About Quadrise

Quadrise is the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, providing innovative lower cost and lower carbon alternatives to fuel oil and biofuels in the global power generation, shipping, industrial and refining industries.

Learn more at www.quadrisefuels.com, @QFIPLC and on LinkedIn.