HydrogenPro ASA

Regulatory Filings • Mar 3, 2025

ANDRITZ to order 100 MW electrolyzer unit from HydrogenPro for project in Germany

ANDRITZ to order 100 MW electrolyzer unit from HydrogenPro for project in Germany

PORSGRUNN, 3 March 2025 - On 3 March 2025 ANDRITZ announced the receipt of an

order for the authority engineering of a 100 MW green hydrogen plant in Rostock,

Germany. Subject to the investment decision of the final customer, ANDRITZ

expects to receive the notice to proceed with the supply of the plant.

Upon receipt of the notice to proceed, ANDRITZ will supply the green hydrogen

plant on an EPC (Engineering, Procurement, Construction) basis using HydrogenPro

pressurized alkaline technology for the electrolysis process.

Sami Pelkonen, EVP Green Hydrogen ANDRITZ, comments: "This order represents

another significant milestone in our robust partnership with HydrogenPro and

demonstrates our strong foothold in the European hydrogen value chain. We are

proud to support the transition to sustainable energy solutions together."

Jarle Dragvik, CEO of HydrogenPro explained: "The partnership with ANDRITZ

places us in a strong position with the customers and once again confirming the

solidity of the strategic partnership between ANDRITZ and HydrogenPro. We are

excited to continue playing a pivotal role in the European journey towards

decarbonization.

For further information, please see the press release from

ANDRITZ: https://www.andritz.com/newsroom-en/environmental-solutions/2025-03-03

-hyros

About HydrogenPro:

HydrogenPro is a technology company and an OEM for high pressure alkaline

electrolyser and supplies large scale green hydrogen plants, all ISO 9001, ISO

45001 and ISO 14001 certified. The Company was founded in 2013 by individuals

with background from the electrolysis industry which was established in

Telemark, Norway by Norsk Hydro in 1927. We are an experienced engineering team

of leading industry experts, drawing upon unparalleled experience and expertise

in the hydrogen and renewable energy industry.

This information is subject to the disclosure requirements pursuant to Section 5

-12 the Norwegian Securities Trading Act