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FREYR Battery Strengthens Presence in Finland with New Executive Hire

07 Dec 2022

FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Tor Stendahl as Managing Director for FREYR Battery Finland Oy.

“We are pleased with our initial progress in Finland, and we are excited to onboard an experienced leader to head our operations and take us into the next phase of development. Tor brings an industrial and battery-specific background, and his leadership and relevant experience from the region will be of great value for FREYR,” said Axel Thorsdal, SVP Project Development.

FREYR has signed an agreement with the City of Vaasa, Finland, for the temporary lease of 1.3 million square meters of land in the GigaVaasa area. This land is a candidate future site for FREYR’s developmental initiatives based on the company’s collaboration with the City of Vaasa.

Tor Stendahl, a Finnish national, comes to FREYR from his position as Country Manager Finland/Baltic and General Manager for Battery Materials, Base Metal Services and Recycling at BASF. He has held various leadership and sales roles throughout his 25-year career at BASF, and most recently led the build-up of BASF’s pCAM plant in Harjavalta, Finland. Stendahl holds a master’s degree in chemical engineering from Åbo Akademi University.

“The mission of FREYR is more critical than ever as we transition our energy systems and seek greater reliability and efficiency. My experience from my previous role is initiating and ramping up operations, and I’m thrilled to put that knowledge to work for FREYR as we establish and grow our presence in Finland,” said Tor Stendahl.

Tor Stendahl will assume his new role in FREYR’s Finnish operations during spring 2023.

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