Nel ASA

Report Publication Announcement • Mar 2, 2020

PRESS RELEASE / OSE-FILING 2 March, 2020 – Oslo, Norway

Nel ASA: Reminder: Invitation to presentation of Q4 2019 results

(Oslo, 2 March 2020) Nel ASA (Nel) will announce the fourth quarter 2019 report on Thursday 5 March at 07:00 CET and will host an open presentation at 08:00 CET.

Nel released the preliminary Q4 2019 revenues, EBITDA, cash reserve and backlog in the trading update 21 January 2020. The trading update and company presentation is available on https://nelhydrogen.com/wp-content/uploads/2020/02/Company-presentation-2020.pdf

Q4 2019 results presentation: Location: Hotel Continental, Oslo, Norway Time: Thursday 5 March 2020 at 08:00 CET Presenter: Jon André Løkke, CEO Language: English

The presentation will be broadcasted live at www.nelhydrogen.com and can also streamed at https://channel.royalcast.com/webcast/hegnarmedia/20200305\_2/

The fourth quarter 2019 report and presentation will be made available through www.newsweb.no and www.nelhydrogen.com.

ENDS

Further information:

Jon André Løkke, CEO, +47 90 74 49 49 Bjørn Simonsen, VP Investor Relations & Corporate Communication, +47 97 17 98 21

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 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.