NEL - Fundamentale forhold (NEL)

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Nel ASA: Receives purchase order for one MC500 containerized PEM electrolyser

(March 20, 2025 - Oslo, Norway) Nel Hydrogen US, a subsidiary of Nel ASA (Nel,
OSE:NEL), has received a purchase order for one 2.5 MW containerized PEM unit
for the Aberdeen Hydrogen Hub project in the north-east of Scotland. The
…

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scalable green hydrogen production, storage and distribution facility powered by
renewable energy, is being delivered through a joint venture between bp and
Aberdeen City Council. Hydrasun awarded the contract following their successful
bid to design and integrate the hydrogen refuelling station and associated
infrastructure.

Hydrasun is a leading international provider of integrated fluid transfer,
power, and control products, serving diverse industries worldwide. The company
has developed solutions for both transportation and industrial hydrogen
applications, successfully completing over 40 projects across the UK,
Scandinavia, and Europe.

“We are excited that Hydrasun has selected Nel for this meaningful project.
Hydrasun is a professional enabler with quality backing, and we look forward to
our collaboration, supporting them with fast-to-market and reliable electrolyser
equipment,” says Nel’s President and CEO, Håkon Volldal.

Neil Thompson, CEO at Hydrasun said, " Awarding the initial contracts for major
equipment packages in the Aberdeen Hydrogen Hub project is a key milestone for
the hydrogen market and a boost for the supply chain, highlighting our joint
capabilities in delivering hydrogen projects in the UK."

ENDS

For additional information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02?097
Wilhelm Flinder, Head of IR, Communications & Marketing +47 936 11 350

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
technology company with a global presence. The company specializes in
electrolyser technology for production of renewable hydrogen, and hydrogen
fueling equipment for road-going vehicles. Nel’s product offerings are key
enablers for a green hydrogen economy, making it possible to decarbonize various
industries such as transportation, refining, steel, and ammonia.

Kilde

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Nel ASA: Share capital increase registered

(March 25, 2025 - Oslo, Norway) Reference made to the stock exchange filing by
Nel ASA (Nel, OSE:NEL) 11 March 2025, regarding the investment agreement with
SAMSUNG E&A. The share capital increase pertaining to the issuance of the new
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shares under the private placement has now been registered with the Norwegian
Register of Business Enterprises. The Company’s new registered share capital is
NOK 367,691,566.80 divided on 1,838,457,834 shares, each with a nominal value of
NOK 0.20 per share.

ENDS

For additional information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02?097
Wilhelm Flinder, Head of IR, Communications & Marketing +47 936 11 350

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
electrolyser technology company with a global presence. The company specializes
in Alkaline and PEM technology for production of renewable hydrogen. Nel’s
product offerings are key enablers for a green hydrogen economy, making it
possible to decarbonize various industries such as transportation, refining,
steel, and ammonia.

This information is subject to a duty of disclosure pursuant to Section 5-12 of
the Norwegian Securities Trading Act. This information was issued pursuant to
the EU Market Abuse Regulation, and was published by Wilhelm Finder, Head of
Investor Relations, at NEL ASA on the date and time provided.

Kilde

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Nel ASA: Receives purchase order from Collins Aerospace for U.S. Navy stacks

(March 27, 2025 - Oslo, Norway) Nel Hydrogen US, a subsidiary of Nel ASA (Nel,
OSE:NEL), has received a purchase order for PEM electrolyser stacks for about
USD 6 million from Collins Aerospace to be used by the U.S. Navy to produce
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oxygen for critical life support onboard submarines.

“We are very proud of the long-standing partnership with Collins Aerospace and
our exclusive supply agreement to produce equipment that is crucial for
prolonged underwater submarine operations,” says Nel’s Chief Commercial Officer,
Todd Cartwright.

“This new order underscores the strength of our manufacturing capabilities and
quality standards, along with the trusted performance of our PEM electrolyser
technology,” he says.

The stacks will be delivered over several years, with initial deliveries in late
2025. This order is the most recent in a series of deliveries to the client,
where Nel has a long track record of developing and delivering equipment for
this application.

The purchase order is for an undisclosed number of stacks that will be produced
at Nel’s manufacturing facility in Wallingford, Connecticut.

ENDS

For additional information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02?097
Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
technology company with a global presence. The company specializes in
electrolyser technology for production of renewable hydrogen, and hydrogen
fueling equipment for road-going vehicles. Nel’s product offerings are key
enablers for a green hydrogen economy, making it possible to decarbonize various
industries such as transportation, refining, steel, and ammonia.

This information is subject to a duty of disclosure pursuant to Section 5-12 of
the Norwegian Securities Trading Act. This information was issued as inside
information pursuant to the EU Market Abuse Regulation, and was published by
Wilhelm Finder, Head of Investor Relations, at NEL ASA on the date and time
provided.

Kilde

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Nel ASA: Annual General Meeting held in Nel ASA

(April 10, 2025 - Oslo, Norway) The Annual general meeting of Nel ASA was held
today.

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All proposals set out in the notice for the Annual General Meeting were
approved. Please find minutes from the annual general meeting attached.

ENDS

For additional information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02?097
Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
technology company with a global presence. The company specializes in
electrolyser technology for production of renewable hydrogen, and hydrogen
fueling equipment for road-going vehicles. Nel’s product offerings are key
enablers for a green hydrogen economy, making it possible to decarbonize various
industries such as transportation, refining, steel, and ammonia.

This information is subject to a duty of disclosure pursuant to Section 5-12 of
the Norwegian Securities Trading Act. This information was issued pursuant to
the EU Market Abuse Regulation, and was published by Wilhelm Finder, Head of IR,
Communications and Marketing, at NEL ASA on the date and time provided.

Kilde