HydrogenPro ASA appoints Tarjei Johansen as new Chief Executive Officer

18 Nov 2022 07:58 CET

18 November 2022, HydrogenPro ASA (OSE: HYPRO) announces that the board has
appointed Tarjei Johansen (51) as new Chief Executive Officer (CEO). The interim
CEO and founder of HydrogenPro Richard Espeseth will return to his former
position as business developer and technology leader in the Company.

- US will be HydrogenPro's most important market in the coming years, and Tarjei
brings 25 years of experience in this market. He has held executive positions in
Schlumberger, Kemira and Bureau Veritas, leading several hundred employees
through profitable growth. Tarjei is a merited leader known for his multifaceted
strategic execution skills, drive and ability to energize organizations. We are
confident that Tarjei together with the Company´s executive team and board of
directors will continue the development of HydrogenPro as a leading provider of
green hydrogen technology, says Ellen Hanetho, Chair of the board of directors
of HydrogenPro.

- I am excited to join HydrogenPro to promote its leading green hydrogen
technology in a fast-growing energy transition market.  I will work alongside my
colleagues to create customer- and shareholder value every day, says Tarjei
Johansen.

Tarjei Johansen enters his new position on December 1st this year. He will move
back to Norway where HydrogenPro is headquartered.

About HydrogenPro:

HydrogenPro is a technology company and an OEM for high pressure alkaline
electrolyser and supplies large scale green hydrogen plants, all ISO 9001, ISO
45001 and ISO 14001 certified. The Company was founded in 2013 by individuals
with background from the electrolysis industry which was established in
Telemark, Norway by Norsk Hydro in 1927. We are an experienced engineering team
of leading industry experts, drawing upon unparalleled experience and expertise
in the hydrogen and renewable energy industry. HydrogenPro is listed on the Oslo
Stock Exchange.

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

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