Green Hydrogen Systems — Major Shareholding Notification 2021

Jun 18, 2021

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GREEN HYDROGEN SYSTEMS

Company announcement 8/2021

Major shareholder announcement

Kolding, Denmark, 18 June 2021 - With reference to company announcement no. 1/2021 dated 7 June 2021 as published by Green Hydrogen Systems A/S in connection with the initial public offering (the "Offering") and admission to trading and official listing of Green Hydrogen Systems' shares on Nasdaq Copenhagen A/S, Green Hydrogen Systems today announces receipt of the following notifications pursuant to section 38 of the Danish Capital Markets Act:

ATP

Arbejdsmarkedets Tillægspension ("ATP") has subscribed for 5,000,000 shares in the Company, each with a nominal value of DKK 1, as part of the Offering.

Following the completion and settlement of the Offering, ATP owns a total of 5,000,000 shares in the Company, each with a nominal value of DKK 1, corresponding to 6.42% of the share capital and voting rights.

For more info please contact:

Investors: Jens Holm Binger, Head of IR, +45 6065 6525, jhb@greenhydrogen.dk

Media: Aleksandra Lozinska, Head of Marketing and Media Relations, +45 4414 0344, alo@greenhydrogen.dk

Green Hydrogen Systems in brief

Green Hydrogen Systems is a clean technology company and a leading provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. With its wide range of possible applications, green hydrogen plays a key role in the ongoing fundamental shift in our energy systems towards a net-zero emission society in 2050. As a result, the demand for green hydrogen is surging, requiring a significant scale-up of electrolysis capacity. Founded in 2007 and building on more than 10 years of technology development, Green Hydrogen Systems today have a commercially proven and cost-competitive electrolysis technology endorsed by leading green energy companies.

Nordager 21 - DK-6000 Kolding - Tel: +45 7550 3500 - Email: info@greenhydrogen.dk - www.greenhydrogen.dk