Nel ASA: Mandatory notification of trade by primary insider

06 Nov 2025 09:39 CET

(November 6, 2025 - Oslo, Norway) Hans Hide, Chief Project Officer Electrolyser
of Nel ASA ("Nel"), has today bought 10,000 shares in Nel ASA at an average
share price of NOK 2.4379. After the transaction, Mr. Hide holds a total of
40,000 shares and 600,000 options in the company.

This information is subject to the disclosure requirements in articles 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.

ENDS


About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
technology company with a global presence. The company specializes in
electrolyser technology for production of renewable hydrogen, and hydrogen
fueling equipment for road-going vehicles. 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 as inside
information pursuant to the EU Market Abuse Regulation, and was published by
Wilhelm Finder, Head of Investor Relations, Communications and Marketing, at Nel
ASA on the date and time provided.

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