Hexagon Composites - Regulatory Filings 2021

Hexagon Purus awarded contracts for complete vehicle integration of hydrogen-powered heavy-duty trucks for two North American truck manufacturers

Hexagon Purus has been contracted by two major truck manufacturers in North

America to deliver complete vehicle integration of two Hydrogen-powered class 8

trucks. The total sales value is approximately USD 2.2 million (approx. NOK 20

million).

Driving energy transformation

Hexagon Purus will assemble and deliver the complete trucks which involve

integration of an electric drivetrain, a fuel cell module as well as the Hexagon

Purus ProCab(TM) Hydrogen Storage system and Hexagon Purus ProPack(TM) high

energy density Li-ion battery packs.

"The momentum for zero emission mobility continues to strengthen. We see growing

interest in our fuel cell electric drivetrain technologies, and hydrogen will

play an important role in the future of trucking," says Todd Sloan, EVP Systems,

Hexagon Purus. "We are pleased to be selected by major OEMs once again - and to

be trusted with complete vehicle integration."

Timing

The trucks will be delivered starting Q2 2022.

For more information, please contact:

Todd Sloan, EVP Systems, Hexagon Purus

Telephone: +1 250-470-8232 | [email protected]

Karen Romer, SVP Communications, Hexagon Composites ASA

Telephone: +47 950 74 950 | [email protected]

About Hexagon Purus ASA:

Hexagon Purus, a Hexagon Composites company, is a world leading provider of

hydrogen type 4 high-pressure cylinders, battery packs and vehicle systems

integration for fuel cell electric and battery electric vehicles. Hexagon Purus

enables zero emission solutions for light, medium and heavy-duty vehicles,

buses, ground storage, distribution, maritime, rail and aerospace applications.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on Twitter and

LinkedIn.

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