COMPANY UPDATE – AUDITOR CHANGE

26 Aug 2025 16:40 CEST

As previously communicated to the market, Hynion AS has been in a highly
challenging financial situation for an extended period. Following the election
of a new board on July 25th, the company has been in continuous dialogue with
its auditor, Plus Revisjon AS.

While Plus Revisjon has expressed support for the board’s plans and vision –
including a proposed restructuring and reorganization of Hynion, which will be
presented to the market in due course – the company has been unable to reach a
resolution regarding certain historical payments owed to Plus Revisjon.

As a result, Plus Revisjon has informed Hynion that they will not continue as
the company’s auditor.

The board is currently in dialogue with other audit firms and expects to have a
new auditor in place shortly.
For further information, please contact:

Jens Myhrstad, Chair of the Board of Directors Phone: +4741758300

Email: jens@myhrstad.no

This information is considered inside information pursuant to the EU Market
Abuse Regulation and is subject to the disclosure requirements under section
5-12 of the Norwegian Securities Trading Act. The information was submitted for
publication, through the contact person listed above, on 26 August 2025 at 16:40
CET.

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