Hexagon Composites

Hexagon Composites appoints Hans Peter Havdal as Chief Operating Officer (COO), resigns post as board member

16 February 2023: Hexagon Composites is pleased to announce that Hans Peter

Havdal, currently a member of the board of directors of Hexagon Composites, will

be joining the company as Chief Operating Officer (COO), effective 6 March

2023. Hans Peter's appointment as COO will preclude his participation on the

Hexagon Composites Board of Directors. His resignation as a member of the Board

of Directors is effective immediately.

Hans Peter comes from the position as General Manager, Engineering and Digital

Services in Semcon International, a global consulting company. He has previously

served as the CEO of Kongsberg Automotive ASA and has held several other

international management positions within the automotive industry. Hans Peter

holds an MSc in Mechanical Engineering from the Norwegian University of Science

& Technology.

"We are excited to have Hans Peter join Hexagon. He complements our strong

performance-oriented culture, and we believe his international track record for

execution and achieving results makes him the right choice," said Jon Erik

Engeset, CEO Hexagon Composites.

"I am very excited to further engage in Hexagon's work to drive the energy

transformation. I believe the potential for further growth and value creation is

significant, given the organization's passionate people, strong technology, and

worldwide footprint. I look forward to partnering with the teams globally to

further build the business," commented Hans Peter.

"Hans Peter joined the Board in April 2020 as an Independent Director. The Board

takes this opportunity to thank him for his commitment and valuable

contributions. His experienced guidance and strategic insight during his tenure

on the Board greatly benefited Hexagon. We look forward to his continued

engagement in the company as COO," says Knut Flakk, Chair of the board of

directors, Hexagon Composites.

For more information, please contact:

Karen Romer, SVP Communications, Hexagon Composites ASA

Telephone: +47 950 74 950 | [email protected]

Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA

Telephone: +47 950 38 364 | [email protected]

About Hexagon Composites ASA

Hexagon delivers safe and innovative solutions for a cleaner energy future. Our

solutions enable storage, transportation and conversion to clean energy in a

wide range of mobility, industrial and consumer applications.

Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and

LinkedIn.

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