Knox Energy Solutions AS

Share Issue/Capital Change • Feb 14, 2022

HYON AS - First day of trading for HYON on Euronext Growth

HYON AS - First day of trading for HYON on Euronext Growth

(Oslo, 14 February 2022) HYON AS (HYON, OSE: HYON), the provider of zero

-emission hydrogen bunkering solutions, today announces the public trading on

Euronext Growth, following the successful private placement of NOK 50 million

earlier this year.

HYON was founded in 2017 on a mission to accelerate the energy transition in the

maritime sector. The company is set to deliver fast and safe bunkering of

hydrogen for ships both as stand-alone fueling solutions and as integrated

solutions combining production, storage and distribution on a barge.

"We are grateful for the trust from our investors and look forward to realizing

our vision of accelerating the energy transition in the maritime sector. We

provide the missing piece in the hydrogen value chain, bringing zero-emission

fuels to ships and enabling change in an industry in great need of change," says

Jørn Kristian Lindtvedt, Chief Executive Officer of HYON.

HYON successfully completed a private placement of NOK 50 million in January

2022. The private placement was oversubscribed and attracted strong investor

interest. The majority owners include Nel ASA, Norwegian Hydrogen AS and Saga

Pure ASA.

"HYON's listing is important to the further development of hydrogen

infrastructure. Their solutions will enable the maritime industry to continue

the rapid transition towards renewable energy. Our goal is to be a key

contributor to the green shift through development and operation of a robust and

effective infrastructure for green hydrogen, and HYON plays an important role in

realizing that," says Jens Berge, Chief Executive Officer of Norwegian Hydrogen

and Member of the Board of Directors of HYON.

14 February 2022, the shares of HYON commenced trading on Euronext Growth under

the ticker code HYON.

"Norway has taken a leading position in low and zero emission solutions for the

maritime sector, and HYON is positioned to play a key role in enabling the blue

economy on a global scale," says Bjørn Simonsen, Chief Executive Officer of Saga

Pure and Member of the Board of Directors of HYON.

Arctic Securities AS acted as managers for the private placement and

Advokatfirmaet Schjødt AS is acting as legal advisor to the company.

For additional information, please contact:

Jørn Kristian Lindtvedt, CEO (+47 95 27 07 39)

Lars Christian Stugaard, CFO (+47 47 63 05 22)

About HYON AS | www.hyon.energy

HYON delivers fast and safe bunkering of hydrogen for ships. We make sure that

hydrogen can be transferred from shore to ships, both as a stand-alone fueling

solution and as an integrated solution combining production, storage and

distribution on a barge. HYON was founded in 2017, is headquartered in Oslo,

Norway and is backed by owners including Saga Pure, Norwegian Hydrogen and Nel.

HYON is on a mission to accelerate the energy transition in the maritime sector,

aiming to be the leading provider to bunkering solutions for hydrogen.