Photocat A/S announces new distribution agreement with

July 8, 2024

Photocat A/S announces new distribution agreement with Finland-based Nordagent Oy for CMA de-icing and dust suppression product range

Roskilde, Denmark. July 8, 2024 – Photocat A/S (Nasdaq First North: PCAT), a leading innovator in photocatalytic and air quality improvement technologies, is pleased to announce a new distribution agreement with Nordagent Oy in Finland covering the CMA product range for de-icing and dust suppression purposes, an important step towards expanding its market reach and driving sustainable growth.

Under the terms of the agreement, Nordagent Oy will distribute Photocat’s advanced CMA products in Finland, but may also sell them in other Nordic countries. The partnership aims to leverage Nordagent Oy’s extensive network and expertise to improve the availability and adoption of Photocat’s environmentally friendly solutions.

“We are delighted to partner with Nordagent Oy to bring our innovative CMA product range to a broader market,” said Jesper Elsgaard, CBO of Photocat A/S. “This agreement aligns with our strategic objectives to expand our geographic and partnership footprint and drive growth by collaborating with key industry players. We believe this partnership will not only strengthen our market presence, but also bring significant added value to our stakeholders by providing them with access to innovative and sustainable solutions.”

“Nordagent Oy shares our commitment to sustainability and innovation, making them an ideal partner for us,” added Henrik Jensen, CTO of Photocat A/S. “We look forward to a successful collaboration that will benefit both companies and our customers.”

“This agreement with Photocat A/S strengthens Nordagent Oy’s product portfolio in the field of environmental technologies and gives us even more opportunities to do more for the environment and the ecosystem,” says Mika Rantanen, CEO of Nordagent Oy. “We are now able to offer better alternatives, for example for road maintenance work, with Nordic Swan-labelled chemicals that preserve nature compared to current alternatives in Finland.”

Main points of the agreement:

• Exclusive distribution rights guaranteed: Nordagent obtains exclusive distribution rights for Photocat’s innovative CMA products throughout Finland.
• Full support and training: The agreement includes extensive product training, strong marketing support and coordinated joint promotional activities.
• Strategic collaboration for success: The two companies will work closely together to ensure the seamless implementation and effective execution of the distribution strategy.

Photocat A/S looks forward to a successful partnership with Mika Rantanen and his team at Nordagent Oy and the positive impact it will have on the environment and the communities it serves.

It is important to note that this distribution agreement with Nordagent Oy will not influence financial performance expectations for 2024.

For further information please contact:
Jesper Elsgaard
Business Director
Photocat A/S
Tel.: +45 5121 7651

Email: [email protected]

About Photocat A/S:
Photocat is a leading innovator in sustainable solutions, dedicated to harnessing the power of photocatalysis to create a cleaner, more sustainable world, and deicing and dust suppression (CMA) technologies. With a focus on cutting-edge technologies and partnerships, Photocat is at the forefront of environmental innovation. Photocat shares are listed on Nasdaq Stockholm, First North under the symbol PCAT. The company’s approved advisor is Eminova Fondkommission AB.

About Nordagent Oy:
Nordagent Oy plays an active role in the field of environmental technologies with a strong presence in Finland and northern Sweden and Norway. The company is known for its commitment to quality, innovation and customer satisfaction. Nordagent Oy already has an ecological footprint in dust control devices, odor control devices and chemicals. The new products from Photocat A/S increase Nordagent Oy’s possibilities to influence the solutions chosen for an even cleaner and healthier environment.

Forward-Looking Statements: This press release may contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected or implied in such statements. Photocat A/S assumes no obligation to update any forward-looking statements.

Photocat A/S (publ) l Langebjerg 4 DK-4000 Roskilde l Tel. : +45 7022 5055 l www.photocat.net

• 240708_Press release – Nordagent OY CMA distribution agreement – FINAL VERSION