Nel ASA

Director's Dealing • Sep 25, 2020

Nel ASA: Mandatory notification of trade

Nel ASA: Mandatory notification of trade

(Oslo, 25 September 2020) Bjørn Simonsen, VP Investor Relations & Corporate

Communication of Nel ASA ("Nel") has today through Simonsen Invest AS, a company

100% owned by Bjørn Simonsen, purchased 100,000 shares in Nel at a price of NOK

15.39 per share. After the transaction Bjørn Simonsen holds 1,616,138 shares and

616,000 options in Nel.

ENDS

For further information, please contact:

Kjell Christian Bjørnsen, CFO, +47 917 02 097

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.