Hexagon Composites

Share Issue/Capital Change • Sep 17, 2025

Hexagon Composites ASA: Key information relating to subsequent offering

Hexagon Composites ASA: Key information relating to subsequent offering

Reference is made to the stock exchange announcement made by Hexagon Composites

ASA (the "Company") on 16 September 2025 regarding the successful private

placement of 42,014,080 new shares in the Company (the "Private Placement"), and

a potential subsequent repair offering of up to 6,000,000 new shares at the same

subscription price as in the Private Placement (the "Subsequent Offering"). The

Subsequent Offering will, subject to applicable securities law, be directed

towards existing shareholders in the Company as of 16 September 2025 (as

registered in the VPS two trading days thereafter), who (i) were not included in

the pre-sounding phase of the Private Placement; (ii) were not allocated shares

in the Private Placement, and (iii) are not resident in a jurisdiction where

such offering would be unlawful or, would (in jurisdictions other than Norway)

require any prospectus, filing, registration or similar action.

The following key information is provided with respect to the Subsequent

Offering:

Date on which the terms and conditions of the Subsequent Offering were

announced: 16 September 2025

Last day including right: 16 September 2025

Ex-date: 17 September 2025

Record date: 18 September 2025

Date of approval: On or about 13 October 2025 (date of extraordinary general

meeting)

Maximum number of new shares: 6,000,000

Subscription price: NOK 14 per share

Shall the rights be listed: No

Other information: The Subsequent Offering is subject to, inter alia, completion

of the Private Placement, approval by the board of directors and an

extraordinary general meeting of the Company, and the publication of a

prospectus. Whether or not the Subsequent Offering will ultimately take place,

will depend inter alia on the development of the price of the shares in the

Company after completion of the Private Placement, and the Company reserves the

right in its sole discretion to not conduct or to cancel the Subsequent

Offering.

This information is published in accordance with the requirements of the

Continuing Obligations for Euronext Oslo Børs.