27.6.2022 10:31:42 CEST | TECO 2030 ASA | Additional regulated information required to be disclosed under the laws of a member state

(Lysaker, Norway, June 27th, 2022): TECO 2030 ASA (OSE: TECO) has received an order for 1 TECO 2030 Ballast Water Treatment System (BWTS) powered by BIO-SEA from CMI Ship Management, for the ship M/V Quest, worth approximately NOK 800 000.

This is the 5^th BWTS system CMI orders from TECO 2030’s team in Miami, USA. This confirms TECO 2030's position in the market as a preferred BWTS partner and proves our capabilities to cooperate with clients around the world.

Ballasts are reservoirs used to stabilize ships according to their load. In order to prevent invasive species from travelling from one region to another, and possible health issues, a ship's ballast water needs to be treated before being discharged back to sea. Our system complies with the new G8 rules which were put in force in October 2020. TECO 2030 Ballast Water Treatment System complies with International Maritime Organization and United States Coast Guard rules.

"The sale of existing and proven technology to reduce emissions and pollution from ships, means TECO 2030 will have meaningful revenue streams while we work on our most ambitious project, the development of the TECO 2030 Marine Fuel Cell, a hydrogen-based fuel cell specifically developed for maritime use," says Tore Enger, Group CEO of TECO 2030.

"The order from CMI Ship Management, perfectly illustrates this combination of short-term sales and long-term development. By 2024, all ships will need a ballast water treatment system," Mr. Enger added.

Disclosure regulation

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

• Tore Enger, CEO of TECO 2030 ASA, +4792083800, tore.enger@teco2030.no

About TECO 2030 ASA

TECO2030 accelerates the green transition in the maritime sector by delivering technology that helps ships to reduce their environmental and climate impacts. TECO2030 is developing hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free. The company is also developing other solutions that can help the maritime industry to reduce its emissions, such as exhaust gas cleaning and carbon capture systems for ships. TECO2030 was founded in 2019 and is headquartered at Lysaker, Norway. The company is listed on Euronext Growth on Oslo Stock Exchange under the ticker TECO. TECO2030 has its roots in the TECO Maritime Group, a group that has provided technology and repair services to the global shipping industry since 1994. For more information, please visit www.teco2030.no

Attachments

• Download announcement as PDF.pdf

13.6.2022 13:00:00 CEST | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway, June 13th 2022) TECO 2030 (OSE: TECO, OTCQX: TECFF) launches hydrogen powered tanker concept, Hy-Ekotank, together with our partners Ektank AB, Shell Shipping and Maritime, and DNV.

The hydrogen powered tanker will allow zero emission at berth, and up to 100% reduction of GHG emissions during voyage. This pioneering concept could become a first mover in this maritime shipping segment and contribute to the developments of achieving the ambitious climate targets committed by the European Union. As part of the European Green Deal, the EU has committed to reducing GHG emissions by 55% by 2030, and a binding target of achieving climate neutrality by 2050. Under the ‘Fit for 55 package’ the EU is currently developing its climate, energy and transport-related legislation to align current laws with the 2030 and 2050 ambitions.

It is therefore a great and ever-increasing need for technological innovation in zero-emission solutions developed for maritime transport, in particular for retrofitting of existing ships. Switching from traditional petroleum-based marine fuels to zero-carbon alternatives such as hydrogen can drastically shrink shipping’s climate impact.

“We are pleased to contribute with our high-quality and energy-efficient vessels towards the development of zero-emission technologies to meet environmental demands and regulations. We are delighted with how suitable our vessels fit into the concept of Hy-Ekotank which is aligned perfectly with our Company’s environmental strategy,” says Jörgen Johnsson, CEO Ektank AB.

“We’re working with our customers and across sectors to accelerate the transition to Net-Zero Emissions. We will contribute to a Net-Zero world, where society stops adding to the total amount of greenhouse gas emissions in the atmosphere. That’s why we’ve set a target to become a Net-Zero Emissions energy business by 2050. We’re partnering with customers, businesses, and others to address emissions. This pioneering fuel cell concept will reduce carbon emissions in the maritime sector. We’ll continue to drive innovation to provide the cleaner energy that our customers need.” says Stephen Brown, Technology Manager, Shell Shipping and Maritime.

“We are humble to work on Hy-Ekotank with Ektank, Shell and DNV, as we believe these partners are a perfect match. With a cargo owner, shipowner, classification society, and a fuel cell provider, we will show the world what hydrogen is capable of doing for the maritime shipping industry. Remember it is all about eliminating emissions, and increasing value-adding activities,” says Tore Enger, Group CEO, TECO 2030.

Contacts

• Tore Enger, CEO of TECO 2030 ASA, +4792083800, tore.enger@teco2030.no

About TECO 2030 ASA

TECO 2030 accelerates the green transition in the maritime sector by delivering technology that helps ships to reduce their environmental and climate impacts. TECO 2030 is developing hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free. The company is also developing other solutions that can help the maritime industry to reduce its emissions, such as exhaust gas cleaning and carbon capture systems for ships. TECO 2030 was founded in 2019 and is headquartered at Lysaker, Norway. The company is listed on Euronext Growth on Oslo Stock Exchange under TECO. TECO 2030 has its roots in the TECO Maritime Group, a group that has provided technology and repair services to the global shipping industry since 1994. For more information, please visit www.teco2030.no.

Attachments

• Download announcement as PDF.pdf
• 20220609 TECO 2030 launches hydrogen tanker concept with partners.pdf

7.6.2022 13:01:00 CEST | TECO 2030 ASA | Non-regulatory press releases

(Lysaker, Norway / New York, USA, June 7th 2022) TECO 2030 (OTCQX: TECFF, OSE: TECO) has today been upgraded from the OTCQB Venture Market to OTCQX. Today marks the first day of trading on the OTCQX. Trading on OTCQX will enhance the visibility and accessibility of the Company's shares to U.S. investors.

The OTCQX Best Market provides value and convenience to U.S. investors, brokers and institutions seeking to trade TECFF. The OTCQX Best Market is OTC Markets Group's premier market for established, investor-focused U.S. and international companies.  To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction.

“This marks another milestone on our voyage to zero emission hydrogen-based fuel cell energy generation, and increase our visibility in the United States,” says Tore Enger, Group CEO, TECO 2030 ASA. “We are pleased to have commenced trading on OTCQX and looking forward to welcoming new and more U.S based investors,” Enger adds.

Contacts

• Pål Christian Johnsen, CFO, +47 412 76 747, pcj@teco2030.no
• Tore Enger, CEO of TECO 2030 ASA, +4792083800, tore.enger@teco2030.no

About TECO 2030 ASA

TECO 2030 accelerates the green transition in the maritime sector by delivering technology that helps ships to reduce their environmental and climate impacts. TECO 2030 is developing hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free. The company is also developing other solutions that can help the maritime industry to reduce its emissions, such as exhaust gas cleaning and carbon capture systems for ships. TECO 2030 was founded in 2019 and is headquartered at Lysaker, Norway. The company is listed on Euronext Growth on Oslo Stock Exchange under TECO. TECO 2030 has its roots in the TECO Maritime Group, a group that has provided technology and repair services to the global shipping industry since 1994. For more information, please visit www.teco2030.no.

Attachments

• Download announcement as PDF.pdf