Form 3 - Initial statement of beneficial ownership of securities
January 02 2025 - 8:45PM
Edgar (US Regulatory)
Exhibit 24.1
POWER OF ATTORNEY
KNOW ALL BY THESE PRESENT, that the undersigned
hereby constitutes and appoints Peter del Vecchio as the undersigned’s true and lawful attorney-in-fact to:
| (1) | execute for and on behalf of the undersigned, in the undersigned’s
capacity as an officer and/or director of FREYR Battery, Inc. (the “Company”), any and all Forms 3, 4 and 5 required
to be filed by the undersigned in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the “Act”)
and the rules thereunder; |
| (2) | do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form 3, 4 or 5, complete and execute any amendment or amendments
thereto, and timely file such form with the U.S. Securities and Exchange Commission (the “SEC”) and any stock exchange
or similar authority; and |
| (3) | take any other action of any type whatsoever in connection
with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required
by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned, pursuant
to this Power of Attorney, shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in
such attorney-in-fact’s discretion. |
The undersigned hereby grants to each such attorney-in-fact
full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise
of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s
substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that no such attorney-in-fact, in serving in such capacity at the request of the undersigned, is
hereby assuming, nor is the Company hereby assuming, any of the undersigned’s responsibilities to comply with Section 16 of the
Act.
This Power of Attorney shall remain in full force
and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings of and
transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing
attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has
caused this Power of Attorney to be executed as of this 2nd day of January, 2025.
|
By: |
/s/ David Eric Gustafson |
|
Print: |
David Eric Gustafson |
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