HydrogenPro ASA: New share capital registered, new board member assumes role

11 Jul 2025 10:08 CEST

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11 July 2025 - HydrogenPro ASA (OSE: HYPRO): Reference is made to the stock
exchange announcement made by HydrogenPro ASA (the "Company") on 27 May 2025
regarding a private placement of 12,703,209 new shares (the "New Shares")
towards a wholly-owned subsidiary of LONGi Hydrogen Technology (Xi'an) Co.,
Ltd., raising gross proceeds of approx. NOK 70 million to the Company.

The share capital increase pertaining to the issuance of the New Shares has
now been registered with the Norwegian Register of Business Enterprises:

Share capital: NOK 1,910,497.78

Total number of shares: 95,524,889

Nominal value per share: NOK 0.02

As resolved by the annual general meeting held on 30 April 2025, the election
of Haimeng Zhang as a board member has taken effect upon registration of the
share capital increase.

For further information, please contact:
Martin Thanem Holtet, CFO
+47 922 44 902
martin.holtet@hydrogenpro.com

About HydrogenPro:
HydrogenPro is a technology company and an OEM for high pressure alkaline
electrolyzer and supplies large scale green hydrogen plants, all ISO 9001, ISO
45001 and ISO 14001 certified. The Company was founded in 2013 by individuals
with background from the electrolysis industry which was established in
Telemark, Norway by Norsk Hydro in 1927. We are an experienced engineering
team of leading industry experts, drawing upon unparalleled experience and
expertise in the hydrogen and renewable energy industry.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2025-07-11 10:08 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

651135_HydrogenPro ASA- New share capital registered, new board member assumes role.pdf