Hexagon Composites - Investor Presentation 2021

Hexagon Composites ASA: Updated company presentation with focus on the renewable natural gas (RNG) market opportunity

The attached company presentation has been prepared by Hexagon Composites

following a recent study on the renewable natural gas (RNG) market opportunity.

"To achieve a meaningful and immediate impact on climate change, we need cleaner

trucks and buses on our roadways now," says Jon Erik Engeset, CEO Hexagon

Composites. "Net zero GHG emissions on a well-to-wheel basis can be achieved

with an internal combustion engine running on RNG. This is currently not

possible with any other energy source. According to NGVA, in 2020 92% of all on-

road fuel used in natural gas vehicles in California was renewable natural gas

(RNG). For the first time, we have seen California fleets fueled with RNG

achieve carbon-negative footprint, removing more CO2 from the atmosphere than

they emitted. This is evidence of the essential role RNG plays in achieving

carbon neutrality today."

For more information:

Karen Romer, SVP Communications, Hexagon Composites ASA Telephone:

Hiva Ghiri, VP IR, Hexagon Composites ASA Telephone: +47 958 66 790 |

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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