Hexagon Composites - Director's Dealing 2019

Hexagon Composites ASA: Mandatory notification of trade - options

Reference is made to the announcement of 1 April 2016, in which Hexagon

Composites ASA (the "Company") announced the grant of 975,000 share options to

employees under its employee share option program, each at a strike price of NOK

20 per share.

Pursuant to the grant, the entitled employees in said share option program have

exercised a total number of 50 000 of said options, each at the defined strike

price. The Company has resolved to settle the economic value of the exercised

options through transfer of shares held in treasury and has therefore on 4 March

2019 transferred in total 17 374 treasury shares to the employees as settlement

of the exercised options. After the transaction, the Company holds 2 348 701

treasury shares, representing 1.41% of total shares outstanding.

None of the shares have been delivered to primary insiders.

For more information:

David Bandele, CFO, Hexagon Composites ASA

Telephone: +47 920 91 483 | [email protected]

Hiva Ghiri, VP Investor Relations, Hexagon Composites ASA

Telephone: +47 958 66 790 | [email protected]

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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