Green Minerals AS – Q1 2022 report

Please find enclosed the Green Minerals AS first quarter 2022 report. Highlights: • Completed first marine minerals research cruise • Released an industry leading Sustainability framework • Initiated a key mineralogy project • Continued strong market outlook in key battery metals The parent company of Green Minerals AS, Green Energy Group, will hold a presentation today at 10:00 CEST that will also include a quarterly update on Green Minerals. Please use the following link to join the webcast:

ABOUT GREEN MINERALS: Green Minerals AS is a pioneer in marine minerals on the Norwegian Continental Shelf. Our mission is to deliver minerals for the green energy transition in a responsible and sustainable manner, thereby lowering the environmental impact and reducing the social costs from onshore mining. The Company targets a NOK 1000bn resource potential on the NCS and expects pilot production to commence in 2026.

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Contacts: Erik von Krogh CFO Ph: +47 930 38 075

Q1 2022 Report.pdf