Everfuel A/S - Mandatory notification of trade

15 Nov 2024 12:27 CET

Herning, Denmark, 15 November 2024. Reference is made to the previous stock
exchange announcement on 15 November 2024 where Faro BidCo ApS announced the
unconditional date of its unregulated recommended voluntary cash offer (the
"Offer") to the shareholders of Everfuel A/S ("Everfuel"), as further described
therein and in the offer document dated 2 September 2024 (the "Offer Document").

As part of the completion of the Share Contribution (as defined in the Offer
Document), E.F. Holding ApS, being a person closely associated with Jacob
Krogsgaard (CEO of Everfuel), has transferred 49,746,452 shares in Everfuel to
Faro BidCo ApS, each valued on the basis of the offer price of NOK 13 per
Everfuel share, against a loan to be converted into shares in Faro BidCo ApS.
Following the transfer, E.F. Holding ApS does not hold any shares directly in
Everfuel, only indirectly through its shareholding in Faro BidCo ApS.

Please see the attached notification form received by Everfuel from E.F. Holding
ApS for details of the transaction.

About Everfuel | www.everfuel.com

Everfuel owns and operates 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. Everfuel is an ambitious, rapidly growing company, headquartered in
Herning, Denmark, and with activities in Denmark, Germany and The Netherlands,
and a plan to grow across Europe. Everfuel is listed on Euronext Growth in Oslo
under EFUEL.

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation article 19.

More information:
Access the news on Oslo Bors NewsWeb site

632384_20241115_Everfuel_PDMR_notification_EFH.pdf
632384_20241115_Everfuel_Company_PDMR_announcement_EFH.pdf