Hexagon Purus ASA: Adjustment of conversion price for the convertible bonds

10 Dec 2024 10:25 CET

(Oslo, Norway, 10 December 2024) Reference is made to (i) the convertible bond
with ISIN NO0012851858 (the "First Convertible Bonds") and (ii) the convertible
bond with ISIN NO0013106732 (the "Second Convertible Bonds"), both issued by
Hexagon Purus ASA (the "Company").

Reference is further made to a series of notices by the Company on Newsweb.no,
whereby the Company has informed of a private placement which was approved by an
extraordinary general meeting of the Company on 22 November 2024. The Company
has received notice from Nordic Trustee AS, in the capacity as Bond Trustee for
both the First Convertible Bonds and the Second Convertible Bonds, that the
conversion prices of the First Convertible Bonds and the Second Convertible
Bonds have been adjusted according to the respective Bond Terms Clause 13.1, as
set out in the notices attached hereto.

For more information

Salman Alam, CFO, Hexagon Purus
Telephone: +47 476 12 713 | salman.alam@hexagonpurus.com
(mailto:salman.alam@hexagonpurus.com)

Mathias Meidell, Investor Relations Director, Hexagon Purus
Telephone: +47?909 82 242 | mathias.meidell@hexagonpurus.com
(mailto:mathias.meidell@hexagonpurus.com)

About Hexagon Purus

Hexagon Purus enables zero emission mobility for a cleaner energy future. The
company is a world leading provider of hydrogen Type 4 high-pressure cylinders
and systems, battery systems and vehicle integration solutions for fuel cell
electric and battery electric vehicles. Hexagon Purus' products are used in a
variety of applications including light, medium and heavy-duty vehicles, buses,
ground storage, distribution, refueling, maritime, rail and aerospace.

Learn more at www.hexagonpurus.com and follow @HexagonPurus on X and LinkedIn

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

More information:
Access the news on Oslo Bors NewsWeb site

634231_Notice of CB conversion price adjustments.pdf