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Nel ASA

Share Issue/Capital Change Jul 5, 2018

3670_rns_2018-07-05_2f9e13a4-6292-4a48-8fac-57a8e66a956e.html

Share Issue/Capital Change

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Nel ASA: Share capital increase registered

Nel ASA: Share capital increase registered

The share capital increase pertaining to the issuance of these shares has now

been registered with the Norwegian Register of Business Enterprises. The

Company's new registered share capital is NOK 219,710,276.40, divided on

1,098,551,382 shares, each with a nominal value of NOK 0.20 per share.

ENDS

For additional information, please contact:

Bent Skisaker, CFO, +47 468 21 693

About Nel ASA | www.nelhydrogen.com

Nel Hydrogen 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.

Since its foundation in 1927, Nel has a proud history of development and

continual improvement of hydrogen plants. Our hydrogen solutions cover the

entire value chain from hydrogen production technologies to manufacturing of

hydrogen fueling stations, providing all fuel cell electric vehicles with the

same fast fueling and long range as conventional vehicles today.

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