Hexagon Composites — M&A Activity 2016

Dec 19, 2016

Option exercised to acquire Ohio facility

Option exercised to acquire Ohio facility

Reference is made to the stock exchange announcement 5 October 2016 regarding

the acquisition of xperion Energy & Environment.

Effective as of today the option to acquire xperion Energy & Environment USA LLC

in Heath, Ohio has been exercised and the transaction has closed. The option

strike price was EUR 1.

For more information:

David Bandele, CFO, Hexagon Composites ASA

Phone: +47 920 91 483 | david.bandele@hexagon.no

Solveig D Saether, Communication Manager, Hexagon Composites ASA

Phone: +47 906 34 977 | solveig.saether@hexagon.no

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.