Hexagon Composites - Capital/Financing Update 2024

Hexagon Composites ASA: Total Return Swap agreement extended

15 March 2024: Hexagon Composites refers to the Stock Exchange announcement from

29 June 2023 where a Total Return Swap ("TRS") agreement with the Company's

Nordic banking partners was described. The TRS agreement has been extended to 31

March 2025 at the same terms and conditions.

Hexagon Composites' financial exposure in Hexagon Purus remains unchanged at

120,101,133 shares, equivalent to 43% of total shares while the ownership and

voting rights are equal to approximately 38%.

For further information, please contact:

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

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

Karen Romer, SVP Communications, Hexagon Composites ASA

Telephone: +47 950 74 950 | [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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