Hexagon Purus signs agreement with Stadler for delivery of hydrogen fuel storage systems for rail applications in California

27 Mar 2025 16:13 CET

(Oslo, Norway, 27 March 2025) Hexagon Purus, a world leading manufacturer of
zero-emission mobility and infrastructure solutions, has entered into a multi-
year agreement with Stadler, a leading manufacturer of rail applications, for
delivery of hydrogen fuel storage systems for hydrogen rail applications in
California.

The Type 4 hydrogen fuel storage systems will be produced in Hexagon Purus'
facility in Kassel, Germany.

"At Stadler, we are committed to reducing operational emissions and developing
efficient and environmentally friendly rail solutions in collaboration with
experienced partners, like Hexagon Purus. Leveraging our extensive portfolio and
leadership in alternative drive systems, we provide our customers with optimal
solutions tailored to their needs," says Martin Ritter, CEO Division Stadler
North America.

"Hydrogen is an attractive solution to decarbonize rail transport, especially
for regions like California where full electrification is not viable", says
Michael Kleschinski, EVP Hydrogen Mobility & Infrastructure. "We are thrilled to
sign this agreement with Stadler as a continuation of our long-term
collaboration, and we are looking forward to supporting their efforts in rolling
out hydrogen trains in the US".

For more information

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

About Stadler

Stadler has been building trains for over 80 years. The provider of mobility
solutions in rail vehicle construction, service and signaling technology has its
headquarters in Bussnang in eastern Switzerland. More than 15,000 employees work
at 8 production and 6 engineering locations as well as over 80 service
locations, including over 5,600 employees in Switzerland.

The company is aware of its social responsibility for sustainable mobility and
therefore stands for innovative, sustainable and durable quality products. The
product range in the mainline and urban transport sector includes high-speed
trains, intercity trains, regional and suburban trains, subway trains, tram-
trains and streetcars. Stadler also manufactures mainline locomotives, shunting
locomotives and passenger coaches. Stadler is the world's leading manufacturer
of rack-and-pinion railway vehicles.

Follow Stadler on LinkedIn (https://www.linkedin.com/company/stadler-bussnang-
ag/), Instagram, YouTube, and Facebook.

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 (http://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

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