Nel ASA

Regulatory Filings • Jul 3, 2015

Public-private partnership agreement with Akershus County Council

Public-private partnership agreement with Akershus County Council

(Oslo, 3 July 2015) NEL Hydrogen AS, a subsidiary of NEL ASA, has entered into a

public-private partnership agreement with Akershus County Council for the

rollout of a hydrogen refueling station in Akershus.

Following the agreement, Akershus County Council will award a grant for the

completion of a hydrogen refueling station to be located in county of Akershus,

Norway. The agreement is among the first public-private partnership agreements

in the process of building a hydrogen infrastructure throughout Norway.

For additional information, please contact:

Bjørn Simonsen, market development and public relations director, + 47 97 17 98

21

Lars Christian Stugaard, acting chief executive officer, +47 47 63 05 22

About NEL

NEL ASA is the first dedicated hydrogen company on the Oslo Stock Exchange.

Since its foundation in 1927, NEL Hydrogen has a proud history of development

and continual improvement of hydrogen plants. NEL aims to deliver a complete

solution, from hydrogen production to the refuelling of vehicles through the

partly owned company Hyme AS and the subsidiary H2 Logic A/S. H2 Logic A/S is a

leading manufacturer of H2Station® hydrogen refueling stations that provides

fuel cell electric vehicles with the same fast fueling and long range as

conventional vehicles today. www.nel-hydrogen.com

.