Hexagon Composites

Remuneration Information • Apr 3, 2023

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

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

3 April 2023: Reference is made to the announcement on 22 April 2020 , in which

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

3 711 634 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 905 887 PSUs of which 204 279 PSUs

have been awarded to primary insiders.

The transaction is settled in treasury shares, following the transaction, the

Company holds 94 531 treasury shares. Further details of the primary insider's

transactions pursuant to the market abuse regulation article 19 are attached.

For more information:

Ingrid Aarsnes, VP IR & ESG, Hexagon Composites

Telephone: +47 950 38 364 | ingrid.aarsnes@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, industrial and consumer applications. Learn more at

www.hexagongroup.com (http://www.hexagongroup.com) and follow @HexagonASA on

Twitter and LinkedIn.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act