Hexagon Composites ASA: Key information relating to potential subsequent offering

07 May 2026 23:03 CEST

7 May 2026: Reference is made to the stock exchange announcement made by Hexagon
Composites ASA (the "Company") on 7 May 2026 regarding the conditional
allocation of 68,750,000 new shares in the Company in a private placement (the
"Private Placement"), and a potential subsequent repair offering of up to
15,625,000 new shares at the same subscription price as in the Private Placement
(the "Subsequent Offering"). The Subsequent Offering, if carried out, and
subject to applicable securities laws, is expected to be directed towards
existing eligible shareholders in the Company as of 7 May 2026 (as registered
with the VPS two trading days thereafter) who (i) were not included in the pre
-sounding phase of the Private Placement, (ii) were not allocated shares in the
Private Placement and (iii) are not resident in a jurisdiction where such
offering would be unlawful, or would (in jurisdictions other than Norway)
require any prospectus filing, registration or similar action. The Board will
determine detailed eligibility and allocation criteria to be included in a
prospectus for the Subsequent Offering.

The following key information is provided with respect to the Subsequent
Offering:

Date on which the terms and conditions of the Subsequent Offering were
announced: 7 May 2026

Last day including right: 7 May 2026

Ex-date: 8 May 2026

Record date: 11 May 2026

Date of approval: On or about 4 June 2026 (date of annual general meeting)

Maximum number of new shares: 15,625,000

Subscription price: NOK 8.00 per share

Shall the rights be listed: No

Other information: The Subsequent Offering is subject to, among other things,
completion of the Private Placement, publication of a prospectus and the annual
general meeting resolving to authorize the Board to issue new shares in the
Subsequent Offering. Whether or not the Subsequent Offering will ultimately take
place, will depend inter alia on the development of the price of the shares in
the Company after completion of the Private Placement, and the Company reserves
the right in its sole discretion to not conduct or to cancel the Subsequent
Offering.

This information is published in accordance with the requirements of the
Continuing Obligations for Euronext Oslo Børs.

More information:
Access the news on Oslo Bors NewsWeb site