Nel ASA: Employee share option program

01 Mar 2023 20:08 CET

(March 1, 2023 - Oslo, Norway) Reference made to the release regarding employee
share option program dated March 1, 2023. Attached are the related KRT-1500
forms.

ENDS


For additional information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02?09
Wilhelm Flinder, Head of Investor Relations, +47 936 11 350

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
technology company with a global presence. The company specializes in
electrolyser technology for production of renewable hydrogen, and hydrogen
fueling equipment for road-going vehicles. Nel's product offerings are key
enablers for a green hydrogen economy, making it possible to decarbonize various
industries such as transportation, refining, steel, and ammonia.

This information is subject to a duty of disclosure pursuant to Section 5-12 of
the Norwegian Securities Trading Act. This information was issued as inside
information pursuant to the EU Market Abuse Regulation, and was published by
Wilhelm Finder, Head of Investor Relations, at NEL ASA on the date and time
provided.

More information:
Access the news on Oslo Bors NewsWeb site

584041_Options_allocated_Nel_ASA_March_2023.pdf