Creturner signs a significant agreement with BIG Travel. The value is valued at a minimum of SEK 7.5 million annually.

MAR

Creturner has signed an ongoing Framework Agreement for Total Climate Offset Responsibility with BIG Travel Sweden AB - one of the largest business travel agencies in the Nordic region. BIG Travel has a turnover of SEK 1 billion with strong growth and sees a strong increase in demand from customers. Invoicing is monthly with annual adjustments in the ongoing agreement.

BIG Travel and Creturner have agreed on the provision of climate services. The solution that attracted BIG Travel was being able to offer its customers a real climate benefit with digital traceability. Creturner has an active industrial solution for climate offset, which means that a carbon sink is created quickly and is digitally traceable.

Joakim Erlandson CEO Creturner comments:
"The collaboration with BIG Travel is a fantastic achievement and covers all their active offerings. Creturner has been able to respond to the customer's request to offer a modern, fast, digitally traceable solution. Travelling with BIG Travel, you can be sure that a real climate offset is implemented. The future is coming and it is our job to influence the future for the better."

Johan Nyrén, Vice President BIG Travel comments:
"This is proof that we are in a new era. Travel always leaves its mark on the environment and customers are well aware of this. BIG Travel is determined to be the most climate-smart travel operator - the cooperation with Creturner is unique as it brings an innovative solution, better than what we have seen anywhere else. This is not just a step in the right direction, it's a whole new future. Our customers' demands are high, you need to be able to show how you meet them and contribute with solutions that are future-proof."

Climate action has traditionally consisted of growing new trees, which is an important measure albeit uncertain in terms of its ability to quantify real impact over a longer time perspective. Creturner implements an active climate offset that is quick and permanent with direct impacts that can compensate for climate footprints. Creturner converts biomass, which would otherwise be released into the atmosphere, into biochar which is then permanently stored. The method is called bio-CCS (Carbon Capture and Storage) and involves the capture and storage of carbon and thus carbon dioxide.

Creturner's commercial facility for the industrial process of sequestering carbon in its natural form, thereby reducing the amount of carbon dioxide in the atmosphere, is located in Smedjebacken, Dalarna, Sweden.
Creturner offers its customers to offset their carbon footprint quickly, efficiently and permanently. Regulations and sustainability trends are pushing companies to reduce their carbon footprint and offset the emissions they cause. Creturner offers an easy-to-understand product that accurately accounts for the effect of carbon offsetting. An accurate weight of carbon sequestered is reported at the time of purchase.

The plant in Smedjebacken is prepared for easy on-site expansion. In addition, the operation is scalable, which means that expansion at other locations can be implemented. The expansion model has no real upper limit. Creturner already has ongoing carbon offset agreements with a number of companies and is in broad discussions with potential future customers.
Creturner is part of the entrepreneurial and solution-oriented greentech sector that wants to see a change and is helping to create a change.

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BIG Travel is one of the leading business travel agencies in the Nordic countries with the latest digital booking technology and is based in Sweden.
BIG Travel offers a comprehensive travel service to our contract clients business and meetings & events travel from the market's widest range of air, rail, hotel, car rental ground transportation etc.
With more than 35 years of experience, we aim to be the obvious choice for the corporate and business traveller. By bringing together the market's range of flights, trains, hotels, rental cars and much more in one place, we can offer our corporate clients the best possible price and service whatever the type of trip. Through our digital tools, our travellers will be offered care, commitment and accessibility.
Read more about BIG Travel's climate action at the link
https://www.bigtravel.se/nextgenapproved

Contact details
Deputy CEO: Johan Nyrén - 073-6821563
johan.nyren@bigtravel.se
Creturner is a subsidiary of Xpecunia Nordic AB under name change to Creturner Group AB.
Creturner International AB offers corporate customers an effective and permanent method to offset their operations. The method is based on Bio-CSS (Carbon Capture and Storage), which involves converting residual biomass into the element carbon and storing it to reduce the amount of CO2 in the atmosphere. Corporate customers of Creturner can then purchase carbon offsets in the same way as they traditionally offset climate change, for example by planting trees. Unlike tree planting, Creturner's approach is immediate, permanent and clearly measurable.
The digital arm of Xpecunia is essentially a technical computing company that is expanding to strengthen its long-term potential and create a presence in the rapidly growing market for computing capabilities. The company has its own facilities in Sweden with in-house energy production to reduce raw material costs and environmental impact. The company is listed on NGM Nordic SME in Stockholm, Sweden and on the Stuttgart Stock Exchange in Germany.

Contact details
CEO: Daniel Moström - 070-7446901
daniel.mostrom@xpecunia.com
Address: Taptogatan 6, 115 27 STOCKHOLM, Sweden
www.xpecunia.com
Xpecunia Nordic AB (publ) org: 559152-3013

Datum 2022-12-14, kl 09:00
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