Hexagon Composites — Share Issue/Capital Change 2018

Dec 20, 2018

Stock based incentive program

Stock based incentive program

Hexagon Composites ASA (OSE:HEX) has as part of its incentive program granted

100 000 Restricted Stock Units ("RSUs") to certain employees of the Company.

Subject to continued employment three years after date of grant, each employee

will at such time receive such number of Hexagon shares as corresponds to the

number of RSUs allocated. These employees are not part of any other long-term

incentive program.

For more information:

David Bandele, CFO, Hexagon Composites ASA

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

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.