Nel ASA

Regulatory Filings • Dec 24, 2021

Nel ASA: Receives purchase order for multiple H2StationT hydrogen fueling station modules in the United States

Nel ASA: Receives purchase order for multiple H2StationT hydrogen fueling station modules in the United States

(Oslo, December 24, 2021) Nel Hydrogen Fueling, a subsidiary of Nel ASA (Nel,

OSE: NEL) has received a  purchase order from a fuel supplier for multiple

H2StationT hydrogen fueling stations for a site in the United States

"We are excited to announce this new order for a U.S.-based fuel supplier, which

is not only a great honor but also proves the strength of our state-of-the-art

technology. We look forward to supporting our customer with its commitment to

provide lower-carbon fuels and the deployment of our H2StationT technology, "

says Eddy Nupoort, Director of Sales and Business Development in North America

for Nel Hydrogen Inc.

The H2StationT fueling station consisting of multiple station modules will be

located in the United States and will expand the fueling coverage for hydrogen

powered fuel cell electric light and heavy-duty vehicles. The H2StationT units

will be manufactured and installed during 2022 and 2023. The purchase order has

a value exceeding $6 million.

ENDS

For further information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Kjell Christian Bjørnsen, CFO, +47 917 02?097

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 conventional vehicles today.