Nel ASA

Nel ASA: Receives purchase order for two fueling stations in Germany

(Oslo, 4 July 2018) Nel Hydrogen Solutions, a division of Nel ASA (Nel,

OSE:NEL), has received a purchase order from H2 Mobility Deutschland GmbH & Co.

KG (H2 Mobility) for hydrogen equipment to build two H2Station® fueling stations

in Germany.

"We are very pleased to receive a repeat order from H2 Mobility for expanding

the hydrogen network in Germany. This is a testament to the performance of our

hydrogen fueling solutions, and we are happy to be a part of the so far largest

hydrogen infrastructure project in Europe," says Jon André Løkke, CEO of Nel.

The purchase order has a total value of approximately EUR 2 million, and the

H2Station® fueling stations are planned for installation in Germany medio 2019.

The stations in Germany adds to the growing hydrogen fueling network currently

being deployed by H2 MOBILITY Deutschland, which is a joint venture between six

industrial companies - Air Liquide, Daimler, Linde, OMV, Shell and Total. The

action plan for H2MOBILITY is to establish a Germany-wide network with close to

50 stations in operation by end 2018 and about 50 additional to be deployed by

ENDS

For additional information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Bjørn Simonsen, VP Market Development & Public Relations, +47 971 79 821

About Nel ASA | www.nelhydrogen.com

Nel Hydrogen 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.

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