Hexagon Composites — Remuneration Information 2019

Mar 15, 2019

Hexagon Composites ASA: Mandatory notification of trade - options

Hexagon Composites ASA: Mandatory notification of trade - options

Reference is made to the announcement of 1 April 2016, in which Hexagon

Composites ASA (the "Company") announced the grant of 925,000 share options to

employees under its employee share option program, each at a strike price of NOK

20 per share.

Pursuant to the grant, the entitled employees in said share option program have

exercised a total number of 175 000 of said options, each at the defined strike

price. The Company has resolved to settle the economic value of the exercised

options through transfer of shares held in treasury and has therefore on 15

March 2019 transferred in total 67 308 treasury shares to the employees as

settlement of the exercised options. After the transaction, the Company holds

2 094 921 treasury shares, representing 1.26% of total shares outstanding.

Shares have been delivered to primary insiders as follows:

+----------------+-----------------+----------------+--------------------------+

|Primary insider:|Options exercised|Shares received:| Holding after options |

| | | | exercised: |

+----------------+-----------------+----------------+--------------------------+

|Jack Schimenti | 100 000| 38 462|  98 803 shares|

| | | | 230 000 options|

+----------------+-----------------+----------------+--------------------------+

|Dan Krick | 50 000| 19 231| 0 shares|

| | | | 180 000 options|

+----------------+-----------------+----------------+--------------------------+

For more information:

David Bandele, CFO, Hexagon Composites ASA

Telephone: +47 920 91 483 | david.bandele@hexagongroup.group

Hiva Ghiri, VP Investor Relations, Hexagon Composites ASA

Telephone: +47 958 66 790 | hiva.ghiri@hexagongroup.com

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.