Nel ASA

Pre-Annual General Meeting Information • Apr 30, 2025

Nel ASA: Notice of Extraordinary General Meeting

Nel ASA: Notice of Extraordinary General Meeting

(April 30, 2025 - Oslo, Norway) Nel ASA (Nel, OSE: NEL) calls for an

Extraordinary General Meeting to be held as a digital event on May 26th 2025 at

10:00 (CET).

With reference to the stock exchange notice dated March 11th 2025 where it was

announced that SAMSUNG E&A were to become the biggest shareholder of Nel ASA, it

was also communicated that Nel's Board of Directors was supportive of SAMSUNG

E&A nominating a member to Nel's Board. In connection with the call for the 2025

Annual General Meeting the Nomination Committee stated that it was in principle

supportive of this proposal.

The Nel ASA board has now received the proposal from SAMSUNG E&A for Gyuyeon

Kang, Executive Vice President of SAMSUNG E&A, to be elected to the Board for a

period until the Annual General Meeting in 2026. There are no other proposals to

be voted on, and no other changes to the composition of the Board.

All relevant documents and link for registration are also made available on

nelhydrogen.com (http://www.nelhydrogen.com).

The general meeting will be held as a digital event. Please log in at

https://dnb.lumiagm.com/103970772 (https://nam10.safelinks.protection.outlook.com

/?url=https%3A%2F%2Fdnb.lumiagm.com%2F103970772&data=05%7C02%7Cwilhelm.flinder%40

nelhydrogen.com%7Cc3d9bc22fb8645dfb79108dd865f57e5%7C76311e5d2c31404ea148a4c38d28

5e9e%7C0%7C0%7C638814467025472034%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWU

sIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7

C&sdata=9rtFnSdpszxGtlXzRFRDys3iJBkesn926yHDWna%2FK5E%3D&reserved=0) to

participate. You will find a guide in the attachment and on our website

describing in more detail how you as a shareholder can participate in the

virtual meeting.

ENDS

For additional information, please contact:

Kjell Christian Bjørnsen, CFO, +47 917 02?097

Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | nelhydrogen.com

Nel has a history tracing back to 1927 and is today a leading pure play hydrogen

electrolyser technology company with a global presence. The company specializes

in Alkaline and PEM technology for production of renewable hydrogen. Nel's

product offerings are key enablers for a green hydrogen economy, making it

possible to decarbonize various industries such as transportation, refining,

steel, and ammonia.

This information is subject to a duty of disclosure pursuant to Section 5-12 of

the Norwegian Securities Trading Act. This information was issued pursuant to

the EU Market Abuse Regulation, and was published by Wilhelm Finder, Head of

Investor Relations, at NEL ASA on the date and time provided.