Nel ASA

Nel ASA: Receives purchase order for multiple H2Station® units in the Netherlands

(Oslo, 17 December 2019) Nel Hydrogen A/S, a subsidiary of Nel ASA (Nel,

OSE:NEL), has received a purchase order from OrangeGas for the delivery of

multiple H2Station® units for fueling of predominately light duty fuel cell

electric vehicles in the Netherlands.

"We are delighted to be chosen as supplier for OrangeGas for their first fueling

stations (H2Station®) which will predominately serve light-duty vehicles in The

Netherlands. We look forward to assist OrangeGas with the deployment of the

hydrogen fueling coverage, helping the transition towards zero emission

transport in the Netherlands," says Jens Egholt Rasmussen, Global Sales Director

for Nel Hydrogen Fueling.

Marcel Borger, CEO and founder of OrangeGas said: "We are pleased to have signed

this contract with Nel. These robust and state-of-the-art hydrogen stations

allows us to refuel hydrogen vehicles in only five minutes in a safe, fast and

reliable way. In OrangeGas we are committed to contributing towards a cleaner

planet, and this is an important step on that journey. Nel has extensive

experience within hydrogen fueling technologies, and we are looking forward to a

good collaboration going forward, as we now build the first wave of hydrogen

refueling stations."

The contract has a total value of approximately EUR 3 million and also includes

a service and maintenance contracts. The stations will be located in the

Netherlands, and will expand the fueling coverage for hydrogen powered light

-duty, and in the future also heavy-duty cell electric vehicles. The H2Station®

units will be delivered during 2020.

ENDS

For further information, please contact:

Jon André Løkke, CEO, Nel ASA, +47 907 44 949

Bjørn Simonsen, VP Investor Relations and Corporate Communication, +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

origins 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 conv

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