FREYR Provides an End of First Quarter 2021 Company Update

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OSLO, Norway & NEW YORK–(BUSINESS WIRE)–FREYR AS, (the “Company” or “FREYR”), the Norway-based developer of clean, next-generation battery cell production capacity set to become a publicly listed company on the New York Stock Exchange (“NYSE”) in the second quarter of 2021 through a business combination with Alussa Energy Acquisition Corp. (“Alussa Energy”), today provides an end-of-quarter company update. Key developments in the first quarter of 2021: Announced business combination with Alus