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Pörssitiedote

GOD: Goodtech awarded automation and control systems contract for Antec Biogas

Goodtech
Goodtech has signed a contract with Antec Biogas AS to deliver a comprehensive
automation and control solution for the biogas facility in Hornindal, Norway.
The agreement includes a process control and emergency shutdown system along
with an asset performance management solution.

The contract builds on a successful pre-project phase and sets the foundation
for a scalable OT architecture that supports Antec's future growth ambitions.

The estimated contract value is NOK 15-20 million, with completion scheduled by
end of 2026.

"We have worked closely with Antec during the pre-project phase and the
organization has clear growth ambitions. This solution provides Antec with
control, safety, and performance monitoring together in one scalable
architecture which will allow them to easily scale activity and retain
operational control," says Margrethe Hauge, CEO of Goodtech.

Once completed, the facility will be able to process 150.000 tons of biomass per
year into liquid biogas (LBG) to fuel transport and maritime sectors, with
remains being produced into bio-fertilizer. This will significantly reduce
carbon emissions, and future expansions will also include CO2 capture to reduce
the carbon emissions further.

"In Antec we leverage data to gain operational control - this is key for a
successful plant and sustainable economics. Through the partnership with
Goodtech, Antec is aiming to enable data driven process control, ensure optimal
efficiency, needed control, and reliable and safe operations, all to fully
leverage the plant design and turn organic waste into clean energy and valuable
fertilizer," says Øystein Løken Mørch, CEO Antec Biogas AS.

For more information, please contact:

Margrethe Hauge
CEO, Goodtech ASA
Mobile: +47 95 79 69 20
Email: margrethe.hauge@goodtech.no

Anders Engelsen
CFO, Goodtech ASA
Mobile: +47 93 20 79 01
Email: anders.engelsen@goodtech.no
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