03 Feb 2026 13:00 CET

Issuer

Hexagon Composites ASA

3 February 2026: Hexagon Agility, a business of Hexagon Composites and the
world's leading provider of natural gas (CNG) fuel systems, has received an
order for fuel systems from a leading Mexican trucking company.

The order represents an estimated value of USD 11.7 million (approx. NOK 113
million), and follows the successful piloting of heavy-duty natural gas trucks
over the last year.

This new fleet of sleeper trucks is expected to cover more than 12 million miles
a year, powered by natural gas fuel that costs up to 50% less than diesel. By
transitioning their long-haul tractors from diesel to natural gas, these trucks
will also save up to 2,500 tons of greenhouse gas emissions each year, while
reducing nitrogen oxide (NOx) emissions by approximately 90%. With ranges of up
to 1,200 miles on a single fill, these sleepers can take full advantage of lower
cost natural gas fuel on long routes without compromising on range,
sustainability or reliability.

"Following a year of proving the new 15-liter engine's performance in their real
-world operations, we are excited to help this major fleet as it scales the
rollout of its heavy-duty natural gas truck platform," said Ian MacDonald,
Senior Vice President of Sales Americas at Hexagon Agility. "Despite the
unprecedented slowdown in the North American truck market, fleets are choosing
to transition to natural gas because the advantages are compelling - lower
operating costs, cleaner emissions, and dependable performance that strengthens
their competitiveness for the long term.

Timing

Deliveries of the CNG fuel systems are scheduled to start in the first quarter
of 2026.

Contacts:

Berit-Cathrin Høyvik, Senior Director, Communications, Hexagon Composites
Telephone: +47 988 92 161 | berit-cathrin.hoyvik@hexagongroup.com

Eirik Løhre, CFO, Hexagon Composites
Telephone: +1 704 777 5171 / +47 909 95 820 | eirik.lohre@hexagongroup.com

About Hexagon Agility
Hexagon Agility, a business of Hexagon Composites, is a leading global provider
of clean fuel solutions for commercial vehicles and bulk gas transportation. Its
product offerings include (renewable) natural gas bulk distribution systems of
compressed gases, lightweight Type 4 composite natural gas cylinders, and
(renewable) natural gas fuel systems. These products transport clean gaseous
fuels and enable vehicles to reduce emissions while lowering operating costs.
Learn more at hexagonagility.com and follow @HexagonAgility on X and LinkedIn.

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
hexagongroup.com and follow @HexagonASA on LinkedIn.


Source

Hexagon Composites ASA

Provider

Oslo Børs Newspoint

Company Name

HEXAGON COMPOSITES

ISIN

NO0003067902

Symbol

HEX

Market

Euronext Oslo Børs