0001213900-21-029412 Sample Contracts

This CONTRACT OF EMPLOYMENT (the “Contract”) is made between Freyr AS organization number 926 089 862 (hereinafter referred to as the “Company”) and Are Lysnes Brautaset (hereinafter referred to as the “Employee”)
Contract of Employment • May 27th, 2021 • FREYR Battery • Miscellaneous electrical machinery, equipment & supplies

The Company was established as a result of a merger of Freyr AS with organization number 920 388 620 (“Freyr”) and certain other companies (the “Transaction”) by way of a Business Combination Agreement signed on 29 January 2021 (the “BCA”). This Contract shall be effective on the date of the Second Closing (as defined in the BCA) (the “Commencement Date”). For the purpose of this Contract, “Company” means Freyr AS with organization number 926 089 862, together with its subsidiaries, affiliates, successors or assigns, the “Group”.

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FREYR AS NOTICE OF GRANT OF STOCK OPTION
Freyr As • May 27th, 2021 • FREYR Battery • Miscellaneous electrical machinery, equipment & supplies

Pursuant to that certain Engagement Agreement duly executed and entered into as of the 1st day of March 2019, by and between FREYR AS, a Norwegian corporation with company registration number 920 388 620 (“Company”) and EDGE Global LLC, a Pennsylvania limited liability company with registration number 82-3080542 (“Participant”) (“Engagement Agreement”), notice is hereby given of the following option grant (the “Award”) to acquire ordinary shares in the Company:

INVESTMENT AGREEMENT
Investment Agreement • May 27th, 2021 • FREYR Battery • Miscellaneous electrical machinery, equipment & supplies

THIS AGREEMENT (hereinafter referred to as “Agreement”) is made and entered into this day of December 4th, 2020 (hereinafter referred to as “Effective Date”), by and between Sumisho Metalex Corporation, a Japanese corporation with its principal place of business at 1-43, Kandanishiki-cho, Chiyoda-ku, Tokyo 101-0054, Japan (hereinafter referred to as “SMX”)

CONSULTANCY AGREEMENT
Consultancy Agreement • May 27th, 2021 • FREYR Battery • Miscellaneous electrical machinery, equipment & supplies • Pennsylvania

This Consultancy Agreement (this “Agreement”) is entered into by and between FREYR Battery, a company in the form of a public limited liability company (société anonyme) incorporated under the laws of Luxembourg, Grand Duchy of Luxembourg, registered with the Luxembourg Trade and Companies Register (Registre de Commerce des Sociétés) under number B 251199 (the “Company”) and Peter Matrai, a resident of Pennsylvania (the “Consultant”). The Consultant and the Company are referred to herein individually as Party and collectively as Parties.

This CONTRACT OF EMPLOYMENT (the “Contract”) is made 15th April, 2021 between Freyr AS organization number 920 388 620 (hereinafter referred to as the "Company") and Kunwoo Lee (hereinafter referred to as the "Employee")
Contract of Employment • May 27th, 2021 • FREYR Battery • Miscellaneous electrical machinery, equipment & supplies

Please be informed that all employees in FREYS AS will be transferred over to FREYR Battery AS (with organization number 926 089 862) during the second quarter of 2021. For the purpose of this contract this transfer is to be considered a business transfer ("virksomhetsoverdragelse") under the same terms and conditions as outlined below.

AMENDED AND RESTATED WARRANT AGREEMENT
Warrant Agreement • May 27th, 2021 • FREYR Battery • Miscellaneous electrical machinery, equipment & supplies • New York

THIS AMENDED AND RESTATED WARRANT AGREEMENT (this “Agreement”) dated as of [●], 2021 is between Alussa Energy Acquisition Corp., a Cayman Islands exempted company (the “Company” or “Alussa”), FREYR Battery, a public limited liability company (société anonyme) incorporated under the laws of Luxembourg (“Pubco”) and Continental Stock Transfer & Trust Company, a New York limited purpose trust company (the “Warrant Agent”).

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