FREYR Battery Amends Credit Agreement Terms

Summary

On February 13, 2025, FREYR Battery, Inc., through its wholly-owned subsidiary TUM 1, amended its existing credit agreement by extending the deadline for satisfying certain conditions precedent from February 13, 2025, to February 28, 2025, without triggering an event of default. This amendment does not alter the fundamental terms of the credit agreement but provides the company with additional time to meet specific financial requirements.