Hexagon Composites (HEX)

[TekBot]

Hexagon Composites: Successful completion of refinancing

Hexagon Composites ASA (“the Company”) has successfully entered into new loan
facility agreements for a combined NOK 1,700 million, comprising overdraft, a
multi-currency revolving credit facility (RCF) and Term Loan. In addition to a
…

Vis børsmeldingen

NOK 250 million bilateral overdraft facility with the Company’s existing
corporate bank partner, the new agreement introduces a second bank together
covering a NOK 350 million RCF for a term of 3 years with two 1-year extension
options (3+1+1), and a NOK 1,100 million Term Loan with a tenor of 3 years. The
new combined facilities cover the refinancing of existing debt as well as
general corporate purposes.

“We are extremely pleased to develop and complete the new financing structure
with our partners on very attractive terms including significantly reducing our
overall financing cost” said David Bandele, CFO Hexagon Composites ASA.

In conjunction with the refinancing, the Company intends to call all outstanding
bonds (ISIN: NO0010846280).

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

The announcement is made by the contact person.

For more information:

David Bandele, CFO, Hexagon Composites Telephone: +47 920 91 483
|david.bandele@hexagongroup.com (http://invalid.uri)

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility, industrial and consumer applications.

Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and
LinkedIn

Kilde

[TekBot]

Hexagon Composites: Bond call option exercised

Issuer: Hexagon Composites ASA

ISIN for bond loan: NO0010846280
…

Vis børsmeldingen

Original maturity date: 15 March 2023

New maturity date: 23 December 2021

Redemption price: 102.06%

This information is published in accordance with the requirements of the

Continuing Obligations.

---

Notice of exercise of call option

Reference is made to the stock exchange release on [date] where Hexagon
Composites (“the Company”) announced the completion of its refinancing. The
Company has decided to call the outstanding bond amount relating to ISIN NO
O0010846280.

Hexagon Composites (“the Company”) has today notified Nordic Trustee AS (as per
the enclosed Call Option Notice) of its exercise of the call option for the
remaining outstanding bonds in the bond issue NOK 1,100 million FRN Senior
Secured Bond Issue 2019/2023 - NO0010846280, with original maturity date in 15
March 2023, and each Bondholder is hereby given notice thereof.

The outstanding bonds will be repaid in full at 102.06% of the Nominal Amount
(plus accrued and unpaid interests on the redeemed amount), with settlement date
23 December 2021 (being the date falling 10 Business Days after the date of the
Call Option Notice).

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

The announcement is made by the contact person.

For more information:

David Bandele, CFO, Hexagon Composites Telephone: +47 920 91 483
|david.bandele@hexagongroup.com (http://invalid.uri)

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility, industrial and consumer applications.

Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and
LinkedIn

Kilde

[TekBot]

Renteregulering

Det er fastsatt ny rente for NO0010846280.
Ny rentesats i perioden 15.12.2021 - 23.12.2021 er 4,51.
Ticker:HEX03
…

Vis børsmeldingen

Den nye rentesats (og rentebindindingsperiode) er fastsatt i henhold til avtale, jf. låneavtalens og tegningsinnbydelsens/lånebeskrivelsens bestemmelser.

Se vedlagt dokument for utfyllende informasjon.

(Publisert av Nordic Trustee, Cecilie Natalie Haug)

Kilde

[TekBot]

Hexagon Purus awarded contracts for complete vehicle integration of hydrogen-powered heavy-duty trucks for two North American truck manufacturers

Hexagon Purus has been contracted by two major truck manufacturers in North
America to deliver complete vehicle integration of two Hydrogen-powered class 8
trucks. The total sales value is approximately USD 2.2 million (approx. NOK 20
…

Vis børsmeldingen

million).

Driving energy transformation

Hexagon Purus will assemble and deliver the complete trucks which involve
integration of an electric drivetrain, a fuel cell module as well as the Hexagon
Purus ProCab™ Hydrogen Storage system and Hexagon Purus ProPack™ high
energy density Li-ion battery packs.

“The momentum for zero emission mobility continues to strengthen. We see growing
interest in our fuel cell electric drivetrain technologies, and hydrogen will
play an important role in the future of trucking,” says Todd Sloan, EVP Systems,
Hexagon Purus. “We are pleased to be selected by major OEMs once again - and to
be trusted with complete vehicle integration.”

Timing

The trucks will be delivered starting Q2 2022.

For more information, please contact:

Todd Sloan, EVP Systems, Hexagon Purus
Telephone: +1 250-470-8232 | todd.sloan@hexagonpurus.com

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

About Hexagon Purus ASA:

Hexagon Purus, a Hexagon Composites company, is a world leading provider of
hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems
integration for fuel cell electric and battery electric vehicles. Hexagon Purus
enables zero emission solutions for light, medium and heavy-duty vehicles,
buses, ground storage, distribution, maritime, rail and aerospace applications.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and
LinkedIn.

Kilde

[TekBot]

Hexagon Agility receives eleventh set of RNG/CNG trucks orders from major global logistics customer

Hexagon Agility, a business of Hexagon Composites, signed a master services
agreement in June 2020 with a global logistics customer to deliver renewable
natural gas (RNG) and compressed natural gas (CNG) fuel systems for medium and
…

Vis børsmeldingen

heavy-duty trucks.

Hexagon Agility received its eleventh set of orders under this agreement and the
second order for 2022, representing an estimated value of USD 26.6 million
(approx. NOK 242 million). Total orders placed to date with delivery targeted in
2022 represent an estimated value of USD 43.6 million (approx. NOK 396 million).
Overall, the eleven orders under the master services agreement represent an
estimated value of USD 131.6 million (approx. NOK 1.2 billion).

“The logistics industry continues to step up its response to CO2 emission
reduction. RNG as a transportation fuel is an essential component in making an
immediate impact towards achieving global climate goals,” said Seung Baik,
President of Hexagon Agility. “This additional order puts us over USD 100
million mark as we enter 2022 under this agreement. We are very proud to support
the sustainability commitment and ambitions of this customer,” he added.

For more information:

Karen Romer, SVP Communications, Hexagon Composites ASA
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

Hiva Ghiri, VP IR, Hexagon Composites ASA
Telephone: +47 958 66 790 | hiva.ghiri@hexagongroup.com

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider
of clean fuel solutions for commercial vehicles and gas transportation
solutions. Its product offerings include natural gas storage and delivery
systems, Type 4 composite natural gas cylinders, propane, and natural gas fuel
systems. These products transport clean gaseous fuels and enable vehicles to
reduce emissions while saving operating costs. Learn more at
www.hexagonagility.com and follow @HexagonAgility on Twitter and Linkedin.

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

Kilde

[TekBot]

Hexagon Agility receives orders from major heavy-duty fleet in North America

Hexagon Agility, a subsidiary of Hexagon Composites, has been awarded an order
for SMARTSTORE™ Mobile Pipeline(®) units from major heavy-duty fleet in North
America. The SMARTSTORE™ units will be used to refuel the growing fleet of clean
…

Vis børsmeldingen

and renewable natural gas (CNG/RNG) vehicles. SMARTSTORE™ units are designed as
lightweight and space efficient gas transport modules approved by the US
Department of Transportation (DOT) and the American Bureau of Shipping (ABS).

The contract represents an estimated value of USD 7.2 million (approx. NOK 64
million).

Hexagon Agility has also received orders for RNG/CNG fuel systems from the same
heavy-duty fleet customer for delivery in 2022.

Total orders received to date for delivery in 2022 represent an estimated value
of USD 32.1 million (approx. NOK 285 million).

Driving energy transformation

Hexagon Agility’s Mobile Pipeline business provides customers around the globe
with cost effective, environmentally friendly gas storage and transportation
solutions. As the number of natural gas vehicles on the road increases, greater
infrastructure - including mobile refueling stations are essential to support
(renewable) natural gas (RNG/CNG) adoption.

“We are proud to be able to offer fleets our comprehensive portfolio of
solutions that now includes Mobile Pipeline(®), in addition to clean vehicle
fuel systems,” said Seung Baik, President of Hexagon Agility. “As the lowest
emission fuel available today, RNG enables fleets to meet their sustainability
goals while maintaining low total cost of ownership.”

Timing

Deliveries of Hexagon Agility’s Mobile Pipeline® units are targeted to commence
in Q2 2022. RNG/CNG fuel system orders will be delivered throughout 2022.

For more information:

Karen Romer, SVP Communications, Hexagon Composites ASA, Telephone:
+47 950 74 950 | karen.romer@hexagongroup.com

Hiva Ghiri, VP IR, Hexagon Composites ASA, Telephone: +47 958 66 790 |
hiva.ghiri@hexagongroup.com

About Hexagon Agility

Hexagon Agility, a business of Hexagon Composites, is a leading global provider
of clean fuel solutions for commercial vehicles and gas transportation
solutions. Its product offerings include natural gas storage and delivery
systems, Type 4 composite natural gas cylinders, propane, and natural gas fuel
systems. These products transport clean gaseous fuels and enable vehicles to
reduce emissions while saving operating costs. Learn more at
www.hexagonagility.com and follow @HexagonAgility on Twitter and LinkedIn.

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

Kilde

[TekBot]

Hexagon Composites ASA initiates share buy-back program

The Board of Directors of Hexagon Composites ASA has resolved to initiate a
share buy-back program which will be initiated today and be terminated before
18(th) January 2022 at the latest. The share buy-back program will be carried
…

Vis børsmeldingen

out on the basis of the authorization to acquire treasury shares granted by the
Company’s Annual General Meeting on 28 April 2021.

The Company has been granted approval to acquire up to 1,500,000 shares, with a
maximum aggregate outlay of NOK 50 million, under the share buy-back program for
the purpose of fulfilling the Company’s obligations under its incentive
programs. The share buy-back program will be conducted in accordance with the
applicable regulations of the Oslo Stock Exchange.

For further information, Hexagon Composites ASA refers to the minutes from the
Company’s Annual General Meeting held on 28 April 2021, available at
www.hexagongroup.com

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

The announcement is made by the contact person.

For more information:

Hiva Ghiri, VP IR, Hexagon Composites ASA Telephone: +47 958 66 790 |
hiva.ghiri@hexagongroup.com (mailto:hiva.ghiri@hexagongroup.com)

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

Kilde

[TekBot]

Hexagon Composites - Buyback of shares

In reference to the buyback program announced 7 January 2022, Hexagon Composites
ASA (“the Company”) has purchased 924 606 of its own shares. The shares were
purchased at an average price of NOK 32,27 per share. The Company has completed
…

Vis børsmeldingen

this program within the 18 January target date, being thirty-days before the
publication of fourth-quarter results, whereby further primary insider
transactions are restricted.

Overview of daily purchases:

±--------------------±-----------------±---------------±-------------------+
|Date |Aggregated daily |Weighted average|Total daily |
| |volume (number of |share price per |transaction value |
| |shares) |day (NOK) |(NOK) |
±--------------------±-----------------±---------------±-------------------+
|07.01.2022 |118 000 |33,63 |3 968 847,40 |
±--------------------±-----------------±---------------±-------------------+
|10.01.2022 |127 000 |32,36 |4 110 304,20 |
±--------------------±-----------------±---------------±-------------------+
|11.01.2022 |132 000 |32,63 |4 307 265,60 |
±--------------------±-----------------±---------------±-------------------+
|12.01.2022 |136 000 |33,57 |4 565 152,80 |
±--------------------±-----------------±---------------±-------------------+
|13.01.2022 |138 000 |33,61 |4 637 517,60 |
±--------------------±-----------------±---------------±-------------------+
|14.01.2022 |137 000 |32,46 |4 446 444,60 |
±--------------------±-----------------±---------------±-------------------+
|17.01.2022 |136 606 |32,31 |4 413 398,35 |
±--------------------±-----------------±---------------±-------------------+
|Previously disclosed |0 |0 |0 |
|buy-buck under the | | | |
|program (accumulated)| | | |
±--------------------±-----------------±---------------±-------------------+
| |924 606 |32,93 |30 448 930,55 |
| | | | |
|Accumulated under the| | | |
|buy-back program | | | |
±--------------------±-----------------±---------------±-------------------+

Date on which the buyback program was announced: 7 January 2022

The duration of the buyback program: 7 January 2022 up to and including 17
January 2022

Size of the buyback program: Up to 1 500 000 shares

Following the transactions, the Company owns 2 148 898 of its own shares, which
represents 1,07% of the total shares.

A detailed overview of all transactions made under the buyback program is
attached.

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act The announcement is made by the
contact person.

The announcement is made by the contact person.

For more information:

Hiva Ghiri, VP IR, Hexagon Composites ASA Telephone: +47 958 66 790 |
hiva.ghiri@hexagongroup.com

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

Kilde

[TekBot]

Hexagon Purus nominated by major commercial truck OEM to supply battery packs for zero emission heavy-duty vehicles

Hexagon Purus, a world leading manufacturer of zero emission mobility solutions,
has been nominated by a leading and long-standing commercial truck OEM, to
provide battery packs for serial production of battery electric heavy-duty
…

Vis børsmeldingen

vehicles.

The scope of the nomination is for delivery of battery packs to commence serial
production in 2024 and last through 2027, with an option to extend until 2029.
Initial production will be out of Hexagon Purus’ new facility in Kelowna,
Canada. The total sales value for the initial period from 2024-2027 is estimated
at approximately USD 800 million (approx. NOK 7.0 billion), increasing to
approximately USD 1.2 billion (approx. NOK 10 billion) if the extension option
is exercised.

The supply contract is subject to final negotiation of terms and conditions.

Driving Energy Transformation

“As a supplier of critical technology needed for zero-emission mobility, this
nomination further strengthens our position as a strategic partner for OEM
customers”, says Todd Sloan, EVP Hexagon Purus Systems. “We are proud to be
nominated for this vehicle program, and we look forward to supporting this OEM
in driving their transition to zero-emissions mobility”.

For more information:

Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com
(mailto:mathias.meidell@hexagongroup.com)

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 476 12 713 | karen.romer@hexagongroup.com
(mailto:karen.romer@hexagongroup.com)

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation. This stock exchange announcement was published by David
Bandele, CFO at Hexagon Composites, on 31 January, 2022 at 18:30 CET.

About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for
a cleaner energy future. Hexagon Purus is a world leading provider of Hydrogen
Type 4 high-pressure cylinders, complete vehicle systems and battery packs for
fuel cell electric and battery electric vehicles (FCEV and BEV) including hybrid
mobility applications on light, medium and heavy-duty vehicles, transit buses,
ground storage, distribution, marine, rail, and aerospace applications.

Learn more at www.hexagonpurus.com (http://www.hexagonpurus.com) and follow
@HexagonASA on Twitter and LinkedIn

Kilde

[Bingo123]

Den satt😀

[Aristo78]

Wow, kan ikke skjønne annet enn at denne nyheten er massiv for HPUR og HEX! 7 mrd kr avtale som kan øke til 10 mrd om opsjonen på to år til blir brukt.

[TekBot]

Hexagon Purus ASA: Invitation to presentation of fourth quarter 2021 results

Hexagon Purus ASA’s fourth quarter results 2021 will be released on 15 February
2022, 07:00 CET.

…

Vis børsmeldingen

Morten Holum (CEO) and Dilip Warrier (CFO) will present the results at 08:30 CET
and the presentation will be broadcasted live via https://hexagonpurus.kg5.no/.

The presentation will be held in English. A recording of the presentation will
be made available on www.hexagonpurus.com after the presentation.

For more information:
Mathias Meidell, Investor Relations Director, Hexagon Purus ASA
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com

Dilip Warrier, CFO, Hexagon Purus ASA
Telephone: +1 949-236-5528 | dilip.warrier@hexagonpurus.com

About Hexagon Purus ASA
Hexagon Purus, a Hexagon Composites company, is a world leading provider of
hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems
integration for fuel cell electric and battery electric vehicles. Hexagon Purus
enables zero emission solutions for light, medium and heavy-duty vehicles,
buses, ground storage, distribution, maritime, rail and aerospace applications.
Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and
LinkedIn.

Kilde

[TekBot]

Hexagon Composites ASA: Invitation to presentation of fourth quarter 2021 results

Hexagon Composites ASA’s fourth quarter results 2021 will be released on 17
February 2022, 07:00 CET. Jon Erik Engeset (CEO) and David Bandele (CFO) will
present the results at 08:30 CET.
…

Vis børsmeldingen

The presentation will be held in the Auditorium at Hexagon’s location in Oslo,
Haakon VIIs gate 2, on the lower level. If you want to attend the presentation,
you can pre-register by sending an email with your full name to
ir@hexagongroup.com (mailto:ir@hexagongroup.com) or register upon arrival.

The presentation will also be broadcasted live via:
https://channel.royalcast.com/landingpage/hegnarmedia/20220217_16/

A recording of the presentation will be made available on www.hexagongroup.com.

For more information:
Hiva Ghiri, VP Investor Relations, Hexagon Composites
Telephone: +47 958 66 790 | hiva.ghiri@hexagongroup.com

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn

Kilde

[Lucrum]

Det er mye spennende som er på gang i Hexagon-gruppen og jeg føler meg trygg på at vi kommer til å få en vesentlig reprising av aksjen i løpet av 2022. Jeg lister opp mine tyngste argumenter for hvorfor jeg vil opprettholde en høy eksponering mot aksjen her. Kom gjerne med innspill og synspunkter. (Jeg håper på en konstruktiv tone i kommentarfeltet)

#1. God historikk: Selskapet leverte en sterk Q3 rapport til tross for betydelige utfordringer i verdikjeden, med lang ledetid, global mangel på kritiske komponenter som chassis, battericeller og halvledere, i tillegg til høye råvarepriser og shipping kostnader. Hexagon-gruppen (eks. Purus) hadde inntekter i -21 tom Q3 på 2,26mrd og EBITDA på 268m. Q4 er historisk sett det sterkeste for konsernet.

#2. Uforholdsmessig hard straffet: Det meste som kryper og går av aksjer som linkes til det grønne skiftet og vekstfase har blitt hard straffet på børsen det siste året. Grunnen er sammensatt, men at hele Hexagon konsernet med betydelig omsetning og en sterk balanse blir sammenlignet og straffet på lik linje med diverse «luftslott» uten noen omsetning av betydning mener jeg er feil.

#3. Leverer vekst: Siste børsmelding om en vanvittig avtale om levering av batteripakker til serieproduksjon av batterielektriske tunge kjøretøy med en verdi på opptil 1,2 milliarder dollar som etter alt å dømme vil signeres ila. 1-2 mnd. Avtalen gir selskapets hockeystikkestimater på revenue substans. Selskapet har historikk med Daimler, men det er uvisst hvilken aktør det er snakk om. FORD kastet seg nylig på toget og det forventes at alle de store OEM-aktøren melder seg på fremover: https://www.bloomberg.com/news/videos/2022-02-01/ford-plans-reorganization-ev-shift-video. Potensialet er enormt og det faktum at Hexagon evner å posisjonere seg å sikre kontrakter lover godt for fremtiden.

#4. Kort sikt: Det vil mest sannsynlig komme oppdaterte kursmål fra husene som dekker aksjen og med forutsetning om at avtalen med OEM signeres (forutsetter lav risiko, pga. børsmelding og signaler fra ledelse/styre) kan dette gi aksjen et løft. Avtalen kan også gi selskapet økt internasjonal oppmerksomhet fra større utenlandske investorer.

Nøkkelpunkter fra Q3-rapporten

• Hexagon Agility: Sterk ordreinngang for RNG drivstoffsystemer: NOK ~1mrd av bestillinger mottatt fra én enkelt logistikk kunde så langt i 2021. For medium og tungtransport segmentet Sterkt er det guidet på et sterkt 4. kvartal med etterslep drevet av: Sterk etterspørsel fra Heavy- & Medium Lastebil i Nord-Amerika, samt fortsatt positiv utvikling i Europeisk Transitbuss-markedet

• Hexagon Purus: Robust organisk vekst +96 % sammenlignet med 3. kvartal 2020, samt oppkjøp av Wystrach, integrere vertikalt og dobling av antall ansatte og inntekter

• Hexagon Ragasco: Verdens ledende innen kompositt-gassflasker. Tidligere guidet launch på sitt spennende SMART-sylinder konsept i 2022. Noen forsinkelser til de asiatiske markedene kan gi en ketchupeffekt i Q4.

• Hexagon Digital Wave: Økt etterspørsel etter MAE testing av tjenester for industrielle gass og CNG-moduler, samt sterkt etterslep på systemet for ultralydundersøkelse (UE).

• Hexagon CNG-LDV: Utfordringer hos nøkkelkunde Volkswagen knyttet til halvledere, forventet forbedringer i H2 2022.

Kilder:

• Q3-rapport: https://s3.eu-central-1.amazonaws.com/hexagonassets/61ebff64-5fc4-48b7-a770-04045d966a8c_2021-12-23-085504_ucks.pdf
• https://www.bloomberg.com/news/videos/2022-02-01/ford-plans-reorganization-ev-shift-video

[TekBot]

Hexagon Purus joins forces with BMW, Bosch and TesTneT on project “FlatHyStor” to research innovative hydrogen storage system solutions for hydrogen-powered vehicles

BMW AG, Robert Bosch GmbH, TesTneT Engineering GmbH and Hexagon Purus are
working together in research and advanced development of an innovative hydrogen
storage system solution for future fuel cell passenger cars.
…

Vis børsmeldingen

The project called FlatHyStor - “Functional design and testing of an innovative
hydrogen tank system” - with a total project budget of 6 million EUR has been
granted funding by the German BMWi (Federal Ministry for Economic Affairs and
Energy). The aim of the project is to develop an advanced hydrogen storage
system solution for the flat space of light-duty car underbodies that are
usually intended for the integration of the battery modules in Battery Electric
Vehicles (BEVs).

The consortium is led by BMW AG, the German multinational manufacturer of
premium automobiles, who will coordinate the different activities and provide
the technical specifications for the storage system integration and application.
Hexagon Purus will develop the high-pressure hydrogen cylinders as well as the
corresponding vehicle integration structure. Robert Bosch GmbH will develop the
advanced tank valve and high-pressure regulator technology and TesTneT
Engineering GmbH will deliver the validation of the storage components according
to the latest codes and standard evolutions.

“We are excited to participate in this project with BMW, Bosch and TesTneT. This
cooperation confirms our leading position as a Type 4 high-pressure cylinder
manufacturer and as a Tier 1 supplier of complete system solutions to OEM
customers,” says Michael Kleschinski, Executive Vice President LDC, Hexagon
Purus.

The first prototypes of the 700 bar high-pressure storage systems are due to be
delivered by the end of 2022.

For more information:

Mathias Meidell, IR Director, Hexagon Purus
Telephone: +47?909 82 242 | mathias.meidell@hexagongroup.com
(mailto:mathias.meidell@hexagongroup.com)

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
(mailto:karen.romer@hexagongroup.com)

About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, is a world leading provider of
hydrogen type 4 high-pressure cylinders, battery packs and vehicle
systems integration for fuel cell electric and battery electric vehicles.
Hexagon Purus enables zero emission solutions for light, medium and heavy-duty
vehicles, buses, ground storage, distribution, maritime, rail and aerospace.
Learn more at www.hexagonpurus.com.

Kilde

[Richardames]

Ulmer under overflaten. Alle vil ha en del av purus sin tech. Lukter reprising om q4 viser god vekst.

[TekBot]

Hexagon Purus to deliver high-performance hydrogen distribution systems to a leading global industrial gas company

Hexagon Purus, through its wholly owned subsidiary, Wystrach GmbH (“Wystrach”) a
leading hydrogen systems supplier, has received an order for hydrogen
distribution systems from a global industrial gas company. Wystrach’s hydrogen
…

Vis børsmeldingen

distribution systems with Hexagon Purus’ type 4 cylinders will be used to
deliver hydrogen for industrial and mobility applications in Germany and the
Benelux region. The value of the order is approximately EUR 5.7 million (approx.
NOK 58 million).

Driving Energy Transformation

“Our high-pressure hydrogen distribution systems allow for very high payloads
when transporting hydrogen, reducing total cost of ownership for our customers,”
says Matthias Kötter, Head of Wystrach Sales, Hexagon Purus. “We are proud to be
chosen to support our customer to increase their hydrogen distribution
footprint”.

About the market

The industrial and mobility sectors are accountable for close to 50% of annual
carbon emissions globally, and hydrogen has a significant role to play in
reducing these emissions, particularly in “hard to abate” sectors. Making green
hydrogen available for use in industrial processes and mobility is critical to
reduce carbon emissions.

As hydrogen, a key contributor to the energy transition, continues to build
momentum globally, more than 30 countries have released hydrogen roadmaps, over
USD 70 billion in government funding is committed to hydrogen investments, more
than 500 large-scale hydrogen projects have been announced by the industry to
date and green hydrogen is projected to supply up to 25% of the world’s energy
needs by 2050.

Timing

The hydrogen systems are scheduled for delivery from Q2 through Q4, 2022.

For more information:

Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for
a cleaner energy future. Hexagon Purus is a world leading provider of Hydrogen
Type 4 high-pressure cylinders, complete vehicle systems and battery packs for
fuel cell electric and battery electric vehicles (FCEV and BEV) including hybrid
mobility applications on light, medium and heavy-duty vehicles, transit buses,
ground storage, distribution, marine, rail, and aerospace applications. Learn
more at www.hexagonpurus.com (http://www.hexagonpurus.com) and follow
@HexagonASA on Twitter and LinkedIn.

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

[Bingo123]

Drar inn kontrakt etter kontrakt, men kursen går nedover.

[TekBot]

Hexagon Purus receives order for high-performance hydrogen distribution systems from Van Kessel

Hexagon Purus, through its wholly owned subsidiary, Wystrach GmbH (“Wystrach”),
a leading hydrogen systems supplier, has received an order for hydrogen
distribution systems from Van Kessel, a leading supplier of fuels, lubricants
…

Vis børsmeldingen

and energy in the Netherlands. Wystrach’s hydrogen distribution systems with
Hexagon Purus’ type 4 cylinders will be used to deliver hydrogen for industrial
and mobility applications in the Dutch market. This represents Hexagon Purus’
first order from Van Kessel.

The value of the order is approximately EUR 1.5 million (approx. NOK 15
million).

Driving Energy Transformation

"Our strategy is to become a leading player in the Dutch hydrogen market and the
order represents an important step to achieve that goal, says Joan van Kessel,
CEO of Van Kessel. “The order will enable efficient distribution of hydrogen to
the Dutch industry and mobility sector”.

“We are proud to support Van Kessel in their efforts to strengthen the presence
of hydrogen as a source of energy,” says Matthias Kötter, Head of Wystrach
Sales, Hexagon Purus. “We believe our strong product offering and technical
leadership will benefit Van Kessel on their journey to becoming a leading Dutch
hydrogen player”.

About the market

The industrial and mobility sectors are accountable for close to 50% of annual
carbon emissions globally, and hydrogen has a significant role to play in
reducing these emissions, particularly in “hard to abate” sectors. Making green
hydrogen available for use in industrial processes and mobility is critical to
reduce carbon emissions.

As hydrogen, a key contributor to the energy transition, continues to build
momentum globally, more than 30 countries have released hydrogen roadmaps, over
USD 70 billion in government funding is committed to hydrogen investments, 500
large-scale hydrogen projects have been announced by the industry to date and
green hydrogen is projected to supply up to 25% of the world’s energy needs by
2050.

Timing

The hydrogen distribution systems are scheduled for delivery between Q3 2022 to
Q1 2023.

For more information:

Mathias Meidell, IR Director, Hexagon Purus ASA
Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com

About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, enables zero emission mobility for
a cleaner energy future. Hexagon Purus is a world leading provider of Hydrogen
Type 4 high-pressure cylinders, complete vehicle systems and battery packs for
fuel cell electric and battery electric vehicles (FCEV and BEV) including hybrid
mobility applications on light, medium and heavy-duty vehicles, transit buses,
ground storage, distribution, marine, rail, and aerospace applications.

Learn more at www.hexagonpurus.com (http://www.hexagonpurus.com) and follow
@HexagonPurus on Twitter and LinkedIn.

About Van Kessel

Van Kessel is a Dutch company that supplies fuels, lubricants and energy to end-
user markets. The company was founded in 1921 and has grown from a single-person
lamp oil and coal trade business to a leading player in the oil market in the
Netherlands with 100 employees, 36 filling stations and a fleet of 26 tankers.
Furthermore, Van Kessel operates under the Greenpoint brand a network of Clean
Energy Hubs with sustainable fuels and energy for the mobility sector. In July
2021, Van Kessel opened its first public hydrogen filling station in Nieuwegein
(NL).

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

Kilde

[TekBot]

Hexagon Purus signs agreement with Hino Motors to supply battery packs for serial production of zero emission heavy-duty vehicles

Hexagon Purus, a world leading manufacturer of zero emission mobility solutions,
has signed a long-term binding letter of intent (LOI) with Hino Motors
Manufacturing U.S. Inc. Hexagon Purus will provide battery packs for multiple
…

Vis børsmeldingen

Hino truck platforms with serial production planned from 2024. The total sales
value over the life of the agreement is estimated at USD 1 billion (approx. NOK
9 billion).

Already a development partner in Hino’s “Project Z” Battery Electric Vehicle
(BEV) program (Hexagon Purus Nov. 6, 2020
(https://hexagongroup.com/news/hexagon-purus-awarded-purchase-order-by-hino-
trucks-supporting-project-z-the-companys-development-path-to-zero-emissions-
vehicles-zev)), Hexagon Purus will continue the development phase of the project
in 2022, with customer demonstrations in 2023 and serial production scheduled
for 2024. Serial production will cover multiple platforms, including Hino’s
Class 6, 7 and 8 commercial trucks.

This agreement comes in addition to the already announced (31 January 2022)
nomination of Hexagon Purus by a major commercial truck OEM for the supply of
battery packs. For Hexagon Purus, these two agreements represent an estimated
value of between approximately USD 1.8 billion and 2.2 billion (approximately
NOK 16 billion and NOK 19 billion).

Driving Energy Transformation

“We are committed to a very aggressive road map for achieving CO2 emissions
reductions. Project Z’s focus is on providing sustainable next generation
commercial mobility that delivers a 90% reduction in CO2 emissions in commercial
trucks. This includes shifting to electrification with battery electric vehicles
(BEVs) and fuel-cell electric vehicles (FCEVs),” said Glenn Ellis - Senior VP of
Customer Experience. “In Project Z, Hexagon Purus is a like-minded partner that
has worked side-by-side with Team Hino to deliver a sustainable, low-cost
product line-up that meets the needs of our customers as our industry moves
forward to zero emission vehicles.”

“Commercial trucks use the most fuel and produce the most emissions in the
transport sector, accounting for more than 40% of all road freight emissions.
The mass adoption of zero emission battery (BEV) and fuel cell (FCEV) electric
trucks among fleets will be key to decarbonizing the sector,” says Todd Sloan,
EVP Systems, Hexagon Purus. “Hino’s move to serial production will accelerate
the green shift in commercial transportation, and Hexagon Purus is proud to be a
part of this transition.”

The agreement includes aftermarket support and service provided by Hexagon
Purus.
Initial production will be out of Hexagon Purus’ new facility in Kelowna,
Canada, which is currently under construction and scheduled to be completed in
Q3 2022.

Contacts

Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47?909 82 242 | mathias.meidell@hexagonpurus.com
(mailto:mathias.meidell@hexagonpurus.com)

Karen Romer, SVP Communications, Hexagon Composites
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
(mailto:karen.romer@hexagongroup.com)

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation. This stock exchange announcement was published by David
Bandele, CFO at Hexagon Composites ASA, on 11 February, 2022 at 07:30 CET.

About Hino

Hino Trucks manufactures, sells, and services a lineup of Class 4-8 commercial
trucks in the United States. Hino Trucks is the premier heavy and medium duty
nameplate in the United States with a product lineup that offers fully connected
vehicles with low total cost of ownership, unmatched reliability and
maneuverability and the most comprehensive bundle of standard features in the
market. Headquartered in Novi, Michigan, Hino has a network of over 240 dealers
nationwide committed to achieving excellence in the ultimate ownership
experience.

Learn more about Hino Trucks at http://www.hino.com or follow us on Facebook,
LinkedIn, Twitter and YouTube.

About Hexagon Purus

Hexagon Purus, a Hexagon Composites company, is a world leading provider of
hydrogen Type 4 high-pressure cylinders, battery packs and vehicle systems
integration for fuel cell electric and battery electric vehicles. Hexagon Purus
enables zero emission solutions for light, medium and heavy-duty vehicles,
buses, ground storage, distribution, maritime, rail and aerospace.

Learn more at www.hexagonpurus.com (http://www.hexagonpurus.com,), and follow
@HexagonPurus on Twitter and LinkedIn.

Kilde