Hexagon Composites ASA: Mandatory notification of trade - settlement of PSUs

16 May 2025 16:45 CEST

16 May 2025: Reference is made to the announcement on 2 May 2022, in which
Hexagon Composites ASA (the "Company") announced the provisional award of up to
2,808,616 Performance Share Units ("PSUs") to senior executives and entitled
employees. Each vested PSU will give the holder the right to receive one share
in the Company at an exercise price corresponding to the par value of the shares
being NOK 0.10. The total program ended at 1,666,099 PSUs of which 233,662 PSUs
have been awarded to primary insiders.

The transaction is settled in treasury shares. Following the transaction, the
Company holds 2,473,104 treasury shares. Further details of the primary
insiders' transactions pursuant to the market abuse regulation article 19 are
attached.

For more information: David Bandele, CFO, Hexagon Composites
Telephone: +47 92 09 14 84 | david.bandele@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility and industrial applications. Learn more at
www.hexagongroup.com and follow @HexagonASA on 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

646723_Notification_of_transactions_16_May_2025.pdf