Greenswitch to Secure Feedstock and Offtake

80 Mile PLC ('80 Mile' or the 'Company'), the AIM, FSE, and OTC listed exploration and development company, is pleased to announce the signing of a Memorandum of Understanding ('MOU') between Greenswitch Srl ('Greenswitch'), a subsidiary of Hydrogen Valley Ltd, in which 80 Mile holds a 49% interest, and NACATA Commodities ('NACATA'), a leading renewable energy distributor.

The MOU outlines a potential five-year supply and offtake agreement for the Ferrandina plant in southern Italy, under which NACATA would supply up to 120,000 metric tonnes per annum ('tpa') of feedstock and purchase and distribute the resulting end products. These include an expected 40,000tpa of esterified bioliquid and 80,000tpa of biodiesel.

The agreement aligns with Greenswitch's top-tier sustainability certifications and compliance with internationally recognised operating standards, including ISO and ISCC certifications. The biodiesel will be produced to EN 14214 specifications, ensuring it meets the highest global quality standards.

The Ferrandina plant, fully permitted and recently refurbished, is capable of refining secondary feedstocks including palm oil mill effluent, used cooking oil, animal fats, and acid oils. These capabilities position the plant at the forefront of Europe's renewable fuel infrastructure, supporting growing demand for biodiesel and sustainable aviation fuel.

This strategic MOU strengthens Greenswitch's supply chain and reinforces its ambition to establish the Ferrandina plant as a key player in European biofuel production. The Company remains optimistic about finalising the agreement and views the plant as a cornerstone asset in its portfolio.

Eric Sondergaard, Managing Director of 80 Mile, commented: "We are incredibly excited about our partnership with NACATA, which is central to realising the full potential of the Ferrandina plant. With a secure, long-term supply and distribution framework, this MOU significantly enhances Greenswitch's ability to deliver high-quality renewable energy products to the European market."

About Greenswitch S.r.l

Greenswitch S.r.l. is a trailblazer in the renewable energy sector, dedicated to producing high-quality biofuels that meet global energy needs while prioritising environmental stewardship. The Ferrandina plant is a state-of-the-art facility driving the transition to a sustainable, low-carbon economy.