Nel ASA: Notice of Extraordinary General Meeting

30 Apr 2025 10:18 CEST

(April 30, 2025 - Oslo, Norway) Nel ASA (Nel, OSE: NEL) calls for an
Extraordinary General Meeting to be held as a digital event on May 26th 2025 at
10:00 (CET).

With reference to the stock exchange notice dated March 11th 2025 where it was
announced that SAMSUNG E&A were to become the biggest shareholder of Nel ASA, it
was also communicated that Nel's Board of Directors was supportive of SAMSUNG
E&A nominating a member to Nel's Board. In connection with the call for the 2025
Annual General Meeting the Nomination Committee stated that it was in principle
supportive of this proposal.

The Nel ASA board has now received the proposal from SAMSUNG E&A for Gyuyeon
Kang, Executive Vice President of SAMSUNG E&A, to be elected to the Board for a
period until the Annual General Meeting in 2026. There are no other proposals to
be voted on, and no other changes to the composition of the Board.

 All relevant documents and link for registration are also made available on
nelhydrogen.com (http://www.nelhydrogen.com).

The general meeting will be held as a digital event. Please log in at
https://dnb.lumiagm.com/103970772 (https://nam10.safelinks.protection.outlook.co
m
/?url=https%3A%2F%2Fdnb.lumiagm.com%2F103970772&data=05%7C02%7Cwilhelm.flinder%4
0
nelhydrogen.com%7Cc3d9bc22fb8645dfb79108dd865f57e5%7C76311e5d2c31404ea148a4c38d2
8
5e9e%7C0%7C0%7C638814467025472034%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydW
U
sIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%
7
C&sdata=9rtFnSdpszxGtlXzRFRDys3iJBkesn926yHDWna%2FK5E%3D&reserved=0) to
participate. You will find a guide in the attachment and on our website
describing in more detail how you as a shareholder can participate in the
virtual meeting.

ENDS


For additional information, please contact:
Kjell Christian Bjørnsen, CFO, +47 917 02?097
Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | 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.

More information:
Access the news on Oslo Bors NewsWeb site

644906_Nel_ASA_EGM_Invitation.pdf