Nel ASA

Regulatory Filings • Oct 14, 2020

Nel ASA: Receives first H2StationT order in Poland

Nel ASA: Receives first H2StationT order in Poland

(Oslo, 14 October 2020) Nel Hydrogen Fueling, a subsidiary of Nel ASA (Nel,

OSE:NEL) has received a purchase order from ZE PAK SA (ZE PAK) for H2StationT

hydrogen fueling stations which will be used to fuel passenger vehicles and

buses in Poland.

"We're excited to enter yet another country in Europe with our H2StationT

fueling solutions. We see attractive market opportunities in Poland, and are

proud that ZE PAK, which is the leading energy company in Poland has chosen our

fueling solutions," says Jens Egholt, Senior Director Global Sales of Nel

Hydrogen Fueling.

The value of the purchase order is around EUR 3.2 million, and the stations are

scheduled to be delivered in 2021.

ENDS

For further information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Bjørn Simonsen, VP Investor Relations & Corporate Communication, +47 971 79 821

About Nel ASA | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to

produce, store, and distribute hydrogen from renewable energy. We serve

industries, energy, and gas companies with leading hydrogen technology. Our

roots date back to 1927, and since then, we have had a proud history of

development and continuous improvement of hydrogen technologies. Today, our

solutions cover the entire value chain: from hydrogen production technologies to

hydrogen fueling stations, enabling industries to transition to green hydrogen,

and providing fuel cell electric vehicles with the same fast fueling and long

range as fossil-fueled vehicles - without the emissions.