FREYR Battery announced that on December 21, 2022, Jon Christian Thaulow notified the Board of Directors of the Company, that he will be tendering his resignation as a director of the Company. Mr. Thaulow was first appointed to the Board in August 2022. His decision to resign was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices (financial or otherwise).

By a resolution of the Board, his resignation became effective on December 21, 2022.   On December 21, 2022, the Board also appointed Jason Forcier as an independent director of the Company, effective December 21, 2022.   Mr. Forcier is currently the Chief Executive Officer of SVP Worldwide.

He previously served as Chief Operations Officer and Executive Vice President, Infrastructure and Solutions of Vertiv Holdings Co from February 2020 to August 2022. From May 2019 until Vertiv’s business combination with GS Acquisition Holdings Corp. in February 2020, Mr. Forcier served as the Chief Operations Officer of Vertiv and, prior to that role, as Executive Vice President of Infrastructure and Solutions of Vertiv since October 2017, where he had global responsibility for manufacturing, operations, supply chain and quality, as well as leading the large infrastructure and solutions lines of business.

Prior to joining Vertiv, Mr. Forcier spent eight years at A123 Systems, where he was the Chief Executive Officer from 2013 until 2017 and member of the board of management. Mr. Forcier joined and established the automotive business of A123 Systems in 2009 and was a member of the executive management team that led the company through its initial public offering on Nasdaq.