Cavendish Hydrogen ASA: Contract Award for Hydrogen Fueling Station in North-West Europe

27 Apr 2026 15:55 CEST

Oslo, Norway, April 27, 2026 -- Cavendish Hydrogen ASA ("Cavendish", Oslo Børs
ticker: CAVEN) has been awarded a new contract by its long-standing partner
Mesure Process for the delivery of a hydrogen fueling station. Mesure Process
will act as EPC and maintenance contractor, while Cavendish will supply the
hydrogen fueling station as part of the delivery to the customer, which is a
leading Energy company. The site will serve both industrial users and bus
fleets, which will be supplied with green hydrogen.

The contract value is approximately EUR 1.4 million and will be included in
Cavendish's Q2 2026 order backlog, with delivery scheduled for 2027.

This project forms part of a major initiative funded under the European
Commission's Horizon Europe Programme, aimed at decarbonizing mobility and
selected industrial applications. Its cross border energy integration,
together with participation in regional hydrogen transport initiatives,
positions the project as a potential logistics and demonstration hub within
the broader Northwest European hydrogen network.

CEO Robert Borin commented: "We are pleased to strengthen our cooperation with
Mesure Process and Synco Energies, and to contribute to the forward leaning
hydrogen ambitions in Europe. This award adds high quality backlog, underlines
the versatility of our fueling technology and is a testament to the proven
reliability of the Cavendish Hydrogen's technology."

For additional information, please contact

Cavendish Hydrogen ASA Investor Relations
Mirza Koristovic, Head of Investor Relations
IR@cavendishh2.com
+47 938 70 525

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR. The information was submitted for publication, through the
agency of the contact persons set out above, at 2026-04-27 15:55 CEST.

About Cavendish Hydrogen ASA | www.cavendishh2.com
Cavendish Hydrogen is a global leader in hydrogen fueling solutions for the
mobility sector. Driven by the vision to end emission from mobility, Cavendish
is committed to providing safe, competitive, and reliable hydrogen fueling
solutions, offering the convenience of traditional fuels but with zero
emissions. The company covers the entire value chain from development and
production to installation, commissioning, and maintenance. Through value
creation and cutting-edge technology, Cavendish is setting new standards for
fueling heavy-duty vehicles with reliable hydrogen solutions. Cavendish
Hydrogen ASA is listed on the Oslo Stock Exchange (CAVEN) and headquartered in
Herning, Denmark.

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