Nel ASA: Share capital increase registered

25 Mar 2025 12:13 CET

(March 25, 2025 - Oslo, Norway) Reference made to the stock exchange filing by
Nel ASA (Nel, OSE:NEL) 11 March 2025, regarding the investment agreement with
SAMSUNG E&A. The share capital increase pertaining to the issuance of the new
shares under the private placement has now been registered with the Norwegian
Register of Business Enterprises. The Company's new registered share capital is
NOK 367,691,566.80 divided on 1,838,457,834 shares, each with a nominal value of
NOK 0.20 per share.

ENDS


For additional information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02?097
Wilhelm Flinder, Head of IR, Communications & Marketing +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
electrolyser technology company with a global presence. The company specializes
in Alkaline and PEM technology for production of renewable hydrogen. 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 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.

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