Nel ASA

Regulatory Filings • Jun 4, 2020

Nel ASA: (corr) Update on 3 June 2020 PO announcement

Nel ASA: (corr) Update on 3 June 2020 PO announcement

(Updated with correct date for PO announcement)

(Oslo, 4 June, 2020) Reference is made to the announcement 3 June 2020 from Nel

ASA (NEL, OSE: NEL) regarding a purchase order (PO) from Nikola Corporation. The

PO has today been approved.

ENDS

For further information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Bjørn Simonsen, VP Investor Relations & 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. Our

roots date back to 1927, and since then, we have had a proud history of

development and continuous improvement of hydrogen technologies. Today, our

solutions cover the entire value chain: from hydrogen production technologies to

hydrogen fueling stations, enabling industries to transition to green hydrogen,

and providing fuel cell electric vehicles with the same fast fueling and long

range as fossil-fueled vehicles - without the emissions.