2 November 2020

Quadrise Fuels International plc

("Quadrise", "QFI", the "Company" and together with its subsidiaries the "Group")

Posting of Annual Report and Financial Statements and Notice of AGM

Quadrise Fuels International plc (AIM: QFI) announces that it has today posted its Annual Report and Financial Statements for the year ended 30 June 2020 together with a Notice of Annual General Meeting ("AGM") to shareholders. Both documents will be available from the Company's website at www.quadrisefuels.com shortly.

The Company's Annual General Meeting ("AGM") will be held at 12:00 noon on 27 November 2020 at the Company's registered office address at First Floor, Gillingham House, 38-44 Gillingham Street, London, SW1V 1HU.

As a result of measures introduced by the UK government to combat the ongoing COVID-19 pandemic, shareholders are reminded that the AGM will be held as a closed meeting and shareholders will not be permitted to attend in person. Any shareholder that seeks to attend the AGM in person will not be permitted entry. Shareholders are therefore strongly encouraged to vote by proxy. The Company will convene the AGM with the minimum necessary quorum (which the Company will facilitate) and voting on each resolution at the AGM will be by poll and will include all valid proxy votes received. The format of the meeting will be purely functional and will comprise only the formal voting on the resolutions tabled.

To ensure that shareholders are still given the opportunity to ask questions, following the conclusion of the AGM, the Company will give a live online presentation via the Investor Meet Company ('IMC') platform on 27 November 2020 at 12.30pm GMT. Investors can sign up to Investor Meet Company for free and add Quadrise Fuels International plc via https://www.investormeetcompany.com/quadrise-fuels-international-plc/register-investor. Investors who have already registered and added to meet the Company, will be invited automatically.

For further information, please refer to the Company's website at www.quadrisefuels.com or contact:

QFI is the supplier of MSAR ® emulsion technology and fuels, a low-cost alternative to heavy fuel oil (one of the world's largest fuel markets, comprising over 450 million tons per annum) in the global power generation, shipping, industrial and refining industries.