29 August 2023

SulNOx Group Plc (the "Company" or "SulNOx")

New Senior Advisor Appointment - David Haughie

(Aquis Stock Exchange: SNOX)

The board of the directors of the Company (the "Board") is pleased to announce that David Haughie has agreed to become a Senior Advisor to the group. A graduate from Balliol College Oxford, with a masters in Engineering Science, David was most recently a Managing Director and Head of Principal Investments for Mercuria Energy Group in London, from which he brings a significant global network across upstream, midstream, and downstream (wholesale) energy and mining.

David also co-led Mercuria's Energy Transition portfolio in Europe, and adds significant decarbonisation market knowledge, insight and strategic value, including in waste & recycling and biofuel products. As well as sitting on the board of Mercuria Clean Energy Investments B.V., David has held executive board and board advisory roles with several notable clean energy and clean-tech companies including The Mobility House, N+P Group B.V., Pretoria Energy Group, and Exergyn.

Mr Haughie commented, "I have been keenly following the progress of SulNOx since 2021. Where many environmental solutions that I have interrogated promise great results in the future, and subject to many unknowns, SulNOx's Greentech products can make a significant contribution to large fossil fuel consumers in their battle against climate change right now. I am delighted to be taking up this advisory position and excited to open up opportunities for SulNOx across my network of global commodities traders, oil majors, major service companies and shipping, all looking for, but struggling to find, instant, viable ESG solutions like the SulNOx products." 

Radu Florescu, Chairman of SulNOx Group commented, "We are delighted to welcome David to SulNOx. David has two decades in finance and the energy sector, and this experience not only brings a wealth of key sector knowledge, but also significant revenue and partnership opportunities through his network. We view David's appointment as a key step in the SulNOx strategy of "large-scale" adoption of SulNOx products in the global fuel network and a further signal to the market that SulNOx is maturing and gathering significant momentum."

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