Hexagon Composites - Share Issue/Capital Change 2019

Stock based incentive program

Hexagon Composites ASA has as part of its incentive program, granted 49,994

Restricted Stock Units ("RSUs") to certain employees of the company. Subject to

continued employment for three years after date of grant ("Third Anniversary

Date"), each employee will, on such Third Anniversary Date, receive such number

of Hexagon shares that corresponds to the number of RSUs granted to such

employee. As of the date of the grant, these employees are not part of any other

long-term equity incentive program.

For more information:

David Bandele, CFO, Hexagon Composites ASA

Telephone: +47 920 91 483 | [email protected]

Hiva Ghiri, VP Investor Relations, Hexagon Composites ASA

Telephone: +47 958 66 790 | [email protected]

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 and follow @HexagonASA on Twitter and

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

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