Hexagon Composites

Regulatory Filings • May 16, 2025

Hexagon Composites ASA: Mandatory notification of trade - settlement of PSUs

Hexagon Composites ASA: Mandatory notification of trade - settlement of PSUs

16 May 2025: Reference is made to the announcement on 2 May 2022, in which

Hexagon Composites ASA (the "Company") announced the provisional award of up to

2,808,616 Performance Share Units ("PSUs") to senior executives and entitled

employees. Each vested PSU will give the holder the right to receive one share

in the Company at an exercise price corresponding to the par value of the shares

being NOK 0.10. The total program ended at 1,666,099 PSUs of which 233,662 PSUs

have been awarded to primary insiders.

The transaction is settled in treasury shares. Following the transaction, the

Company holds 2,473,104 treasury shares. Further details of the primary

insiders' transactions pursuant to the market abuse regulation article 19 are

attached.

For more information: David Bandele, CFO, Hexagon Composites

Telephone: +47 92 09 14 84 | david.bandele@hexagongroup.com

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 and industrial applications. Learn more at

www.hexagongroup.com and follow @HexagonASA on LinkedIn.

This information is subject to the disclosure requirements pursuant to Section 5

-12 the Norwegian Securities Trading Act.