FREYR Battery welcomes Jessica Wirth Strine to its Board of Directors

– NORWAY, Mo I Rana / USA, NY –  FREYR Battery (NYSE: FREY), a developer of clean, next-generation battery cell production capacity, announced the appointment of Jessica Wirth Strine to its Board of Directors effective immediately, bringing nearly twenty years of experience in active equity fund management and passive fund stewardship.

“I am delighted to welcome Jessica Wirth Strine to FREYR’s Board of Directors. Jessica’s deep understanding of the U.S. capital markets, corporate governance standards, and sustainability programs will be instrumental to FREYR’s strategic development in this next chapter of our company’s growth,” said Co-founder and Executive Chair, Tom Einar Jensen.

The company also announced that Olaug Svarva has stepped down from the Board of Directors, effective November 24, 2023.

About Jessica Wirth Strine

Jessica Wirth Strine, a U.S.-based executive with prior experience as a portfolio manager at BlackRock Inc. (NYSE: BLK) and Vanguard Investments, is the CEO and Managing Partner of Sustainable Governance Partners LLC, an independent corporate advisory firm that she co-founded in 2020. In this capacity, she provides strategic counsel to public companies with a focus on corporate governance, sustainability, and investor relations best practices.

Before forming Sustainable Governance Partners, Jessica was a senior director on the Investment Stewardship team at Vanguard, where she also led an interdisciplinary ESG working group. Jessica also has experience in active equity portfolio management, most recently at BlackRock and previously at Putnam Investments and Wellington Management Company.

She holds a B.A. from Dartmouth College and an M.B.A. from the Wharton School at the University of Pennsylvania.

About FREYR Battery

FREYR Battery is a developer of clean, next-generation battery cell production capacity. Its mission is to accelerate the decarbonization of global energy and transportation systems by producing clean, cost-competitive batteries. FREYR seeks to serve the primary markets of energy storage systems and commercial mobility, and the company maintains an ambition to serve the passenger electric vehicles market. FREYR’s Customer Qualification Plant for technology development is in service in Mo i Rana, Norway, and the company is commencing development of the Giga America battery manufacturing project in Coweta County, Georgia, in the U.S.


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