Hexagon Composites — Regulatory Filings 2017

Oct 6, 2017

New large TITAN® order for the North American industrial sector

New large TITAN® order for the North American industrial sector

Hexagon Composites' subsidiary Hexagon Lincoln announces a follow-on purchase

order for TITAN® 4 trailers from Certarus Ltd. with a total value of USD 11

million (around NOK 86 million). The Mobile Pipeline® modules will serve the

industrial sector in North America.

Earlier this year, Hexagon and Certarus, a leading provider of fully integrated

compressed natural gas (CNG) delivery solutions, entered into a long-term

agreement. With this order Certarus is expanding its already large TITAN® fleet,

which serves the oil and gas, industrial and commercial sectors.

"The macro trend of gasification of both the oil & gas sector and industrial

markets has created strong demand for Certarus. This new order of TITAN®

trailers will be deployed primarily into our industrial power generation fuel

supply business line. Certarus is the North American market leader for large

scale integrated compressed natural gas solutions and Hexagon's TITAN® 4 is the

core of our fleet", says Curtis Philippon, President & CEO of Certarus Ltd.

"Hexagon is extremely pleased that Certarus continues to see us as a critical

partner in the supply of clean fuel into the industrial sector of North America.

This additional order continues to reaffirm the effectiveness of the TITAN® 4 as

a cost-effective tool to transport energy," says Jack Schimenti, President of

Hexagon Lincoln. "We are proud of our partnership with Certarus."

Deliveries are scheduled to commence in fourth quarter of 2017 and continue

through first quarter of 2018.

For more information:

Jack Schimenti, President, Hexagon Lincoln LLC

Telephone: +1 402 430 3863 | jack.schimenti@hexagonlincoln.com

David Bandele, CFO, Hexagon Composites ASA

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

Solveig D Saether, Communication Manager, Hexagon Composites ASA

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

About Certarus

Certarus Ltd is a leader in providing a fully integrated compressed natural gas

(CNG) solution for the North American commercial and industrial markets. The

primary business is the creation of a "Virtual Natural Gas Pipeline" through the

compression, transportation and integration of CNG for the energy services,

mining, forestry and industrial sectors.

About Hexagon Composites ASA

Hexagon Composites ASA is a publicly listed company with its headquarters in

Aalesund, Norway. The Group develops and produces composite pressure cylinders

and systems for storage and transportation of various gases.

For more information, please visit www.hexagon.no

Follow us on Twitter: @HexagonASA

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.