Nel ASA

Environmental & Social Information • Dec 15, 2016

Nel ASA: Awarded contract to build hydrogen fueling station in Bergen

Nel ASA: Awarded contract to build hydrogen fueling station in Bergen

(Oslo, 15 December 2016) Nel Hydrogen Solutions, a division of Nel ASA (OSE:

NEL), has been awarded a contract by Uno-X Hydrogen AS (Uno-X Hydrogen) to build

the first H2Station® in Bergen, Norway.

"Uno-X Hydrogen is developing a world-class hydrogen network in Norway and we

are exited to initiate the roll-out in Bergen and the Norwegian West Coast. This

brings us one step closer to enabling hydrogen transportation between all the

major cities in Norway. In addition, there is a strong regional demand for

hydrogen solutions in Bergen, where hydrogen cars have already been deployed and

are simply waiting at the harbor for fueling stations to be finalized," says

Jacob Krogsgaard, Senior Vice President of Nel Hydrogen Solutions.

The new H2Station® will be the first of two new hydrogen fueling stations in

Bergen. The contract has a value of approximately EUR one million, and will be

deliverd during the second quarter of 2017. The contract award brings Nel´s 2016

year-to-date order intake to approximately NOK 135 million.

ENDS

Further information:

Jon André Løkke, CEO, Nel, Tel.: +47 907 44 949

Bjørn Simonsen, VP Market Development and Public Relations, Nel, Tel.: +47 971

79 821

About Nel ASA | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to

produce, store and distribute hydrogen from renewable energy. We serve

industries, energy and gas companies with leading hydrogen technology. Since its

foundation in 1927, Nel has a proud history of development and continual

improvement of hydrogen plants. Our hydrogen solutions cover the entire value

chain from hydrogen production technologies to manufacturing of hydrogen fueling

stations, providing all fuel cell electric vehicles with the same fast fueling

and long range as conventional vehicles today.

About Uno-X Hydrogen

Uno-X Hydrogen AS is a joint venture, owned by Uno-X, Nel and Praxair with 41 %,

39 % and 20 %, respectively. The joint venture will build a network of hydrogen

refueling stations, where fuel cell electric vehicles (FCEVs) can operate

between all the major cities in Norway. The stations will be deployed in cities

like Oslo, Bergen, Trondheim, Stavanger, Kristiansand, along with corresponding

corridor locations. The target is that FCEVs can drive between the most

populated cities in Norway within 2020.