Norsk Hydro ASA

Norsk Hydro ASA: Registration of share capital reduction

Reference is made to the stock exchange notice by Norsk Hydro ASA ("Hydro") on

May 7, 2024, regarding inter alia the resolution by the annual general meeting

to reduce Hydro's share capital by NOK 35,347,500.054 by cancellation of

21,163,019 own shares and by redemption and cancellation of 11,029,604 shares

held by the Norwegian state.

The share capital reduction has now been registered with the Norwegian Register

of Business Enterprises. After this, Hydro's new registered share capital is

NOK 2,205,899,565.804, divided on a total of 2,009,015,998 shares, each with a

nominal value of NOK 1.098.

Investor contact:

Martine Rambøl Hagen

+47 91708918

Media contact:

Halvor Molland

+47 92979797

This information is subject to the disclosure requirements pursuant to Section

5 -12 of the Norwegian Securities Trading Act and the Euronext Rule Book part

II.

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