Everfuel grants warrants to CFO

21 Sep 2023 16:00 CEST

Herning, Denmark, 21 September 2023 - Everfuel A/S today announced the grant of
warrants to Jesper Ejlersen following his appointment to CFO at Everfuel
announced 1 June 2023.

The grant was made by the Board of Directors under an authorisation approved by
the Annual General Meeting as part of a warrant program to support long-term
employee alignment, commitment and motivation to unlock hydrogen at scale
through potential shared ownership.

Jesper Ejlersen was awarded a total of 140,000 warrants in the company without
payment of any consideration. Each warrant gives the right to subscribe for one
share. The warrants have an exercise price of approximately EUR 1.35 (equivalent
to NOK 10.06 per share) based on the closing price of the Everfuel share on 20
September 2023. The exercise period is from the annual general meeting's
approval of the Company's annual report for 2026 and the following two years. It
is a condition that the recipient has not resigned before start of the exercise
period.

Jesper Ejlersen directly and indirectly controls a total 140,000 warrants
following today's grant.

For additional information, please contact:

Martin Skov Hansen, Deputy CEO, +45 5138 4700


About Everfuel | www.everfuel.com

Everfuel is making green hydrogen for zero emission industry and mobility
commercially available across Europe, offering competitive all-inclusive
hydrogen supply and fuelling solutions. We own and operate green hydrogen
infrastructure and partner with industry and vehicle OEMs to connect the entire
hydrogen value chain and seamlessly provide hydrogen fuel to enterprise
customers under long-term contracts. Green hydrogen is a 100% clean energy
carrier made from renewable solar and wind power and key to decarbonising
industry and transportation in Europe. We are an ambitious, rapidly growing
company, headquartered in Herning, Denmark, and with activities in Norway,
Denmark, Sweden, The Netherlands and Germany, and a plan to grow across Europe.

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

More information:
Access the news on Oslo Bors NewsWeb site

600038_20230921_Notification_of_transactions_by_Primary_Insiders_and_Close_Associates.pdf
600038_20230921_Warrants_grant_statement_CFO.pdf