Nel ASA

Regulatory Filings • Jul 3, 2018

Nel ASA: Receives purchase order for two additional fueling stations in Norway

Nel ASA: Receives purchase order for two additional fueling stations in Norway

(Oslo, 3 July  2018) Nel Hydrogen Solutions, a division of Nel ASA (OSE: NEL),

has been awarded a contract by Uno-X Hydrogen AS (Uno-X Hydrogen) to build the

next two H2Station® hydrogen fueling stations in Norway.

"Nel is proud to announce that we have been awarded a contract from Uno-X

Hydrogen to build two additional hydrogen fueling stations in Norway. We see

that the stations already established in Akershus and Bergen are very well

utilized, and with the expected influx of hydrogen vehicles during 2018, the new

stations will help increase the value of the total network, which again should

trigger increased sales of vehicles," says Jon André Løkke, CEO of Nel.

The purchase order has a value of EUR 2 million and the fueling stations will be

deliverd during the first and second quarter of 2019.

Uno-X Hydrogen is a joint venture between Uno-X, Praxair and Nel, aiming at

building a network of hydrogen fueling stations covering the major cities in

Norway by 2020.

ENDS

Further information:

Jon André Løkke, CEO, +47 907 44 949

Bjørn Simonsen, VP Market Development and Public Relations, +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. 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.