ReFuels: Annual report for the fiscal year ending on 31 March 2025

29 August 2025: ReFuels N.V. (ticker: REFL) ("ReFuels"), one of Europe's
leading suppliers of renewable biomethane (Bio-CNG) for the decarbonisation of
heavy goods vehicles, today published its audited accounts for the financial
year ending 31 March 2025 (the "Financial Statements").

The Financial Statements are consolidated accounts for the ReFuels Group,
comprising CNG Fuels Ltd and Renewable Transport Fuel Services Limited.

Material changes from the Q4 2025 report to the Annual report are the
reclassification of all Assets and Liabilities of the subsidiaries to Assets
and Liabilities held for sale under IFRS 5 as a result of the transaction
which completed on 11th April 2025. This will impact the presentation of the
Statement of Financial Position, the Profit and Loss and the Statement of
Changes in Equity. There were Group relief income tax adjustments resulting in
a positive net change of approximately GBP 818k in the annual report.

As part of a strategic transaction completed on 11 April 2025, ReFuels and
funds under management of the Foresight Group simplified the ownership
structure of the CNG station network, making it a fully integrated,
equity-funded clean fuel infrastructure platform. The working capital loans
and interest owed to Foresight were converted into CNG Fuels shares. This
strengthens CNG Fuels' balance sheet and consolidates infrastructure,
biomethane sourcing and certificate generation under one platform with
improved access to growth financing. As a result of this transaction, the CNG
Fuels and RTFS entities are presented as discontinued operations in the
Financial Statements.

The Financial Statements are published ahead of submission for the approval by
the shareholders of ReFuels at the upcoming Annual General Meeting of
Shareholders, scheduled to take place on 18 September 2025 (the "AGM").
ReFuels will publish the convocation and related documents for its AGM in due
course.

Note: Financial results for CNG Foresight Limited, the Bio-CNG station owning
joint venture with Foresight Group, are not consolidated into the ReFuels
Group.

For further information, please contact:
Baden Gowrie-Smith, MD & CFO, Refuels N.V.
Tel.: +44 7768 007 009
Email: baden.gowrie-smith@refuels.com

About ReFuels
ReFuels is decarbonising Europe's truck through its 40% ownership of CNG Fuels
- a fully integrated clean fuel infrastructure platform combining sourcing of
renewable biomethane (Bio-CNG), Renewable Transport Fuel Certificates (RTFCs)
and ownership and operation of UK's largest clean fuel station network. By
end-2028, the target is to have a capacity to serve 20,000 heavy goods
vehicles per day while the long-term ambition is to become Europe's leading
integrated supplier of alternative fuels for commercial fleets. For further
information please visit www.refuels.com (http://www.refuels.com/).

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2025-08-29 16:30 CEST.