HYON AS - First day of trading for HYON on Euronext Growth

14 Feb 2022 08:00 CET

(Oslo, 14 February 2022) HYON AS (HYON, OSE: HYON), the provider of zero
-emission hydrogen bunkering solutions, today announces the public trading on
Euronext Growth, following the successful private placement of NOK 50 million
earlier this year.

HYON was founded in 2017 on a mission to accelerate the energy transition in the
maritime sector. The company is set to deliver fast and safe bunkering of
hydrogen for ships both as stand-alone fueling solutions and as integrated
solutions combining production, storage and distribution on a barge.

"We are grateful for the trust from our investors and look forward to realizing
our vision of accelerating the energy transition in the maritime sector. We
provide the missing piece in the hydrogen value chain, bringing zero-emission
fuels to ships and enabling change in an industry in great need of change," says
Jørn Kristian Lindtvedt, Chief Executive Officer of HYON.

HYON successfully completed a private placement of NOK 50 million in January
2022. The private placement was oversubscribed and attracted strong investor
interest. The majority owners include Nel ASA, Norwegian Hydrogen AS and Saga
Pure ASA.

"HYON's listing is important to the further development of hydrogen
infrastructure. Their solutions will enable the maritime industry to continue
the rapid transition towards renewable energy. Our goal is to be a key
contributor to the green shift through development and operation of a robust and
effective infrastructure for green hydrogen, and HYON plays an important role in
realizing that," says Jens Berge, Chief Executive Officer of Norwegian Hydrogen
and Member of the Board of Directors of HYON.

14 February 2022, the shares of HYON commenced trading on Euronext Growth under
the ticker code HYON.

"Norway has taken a leading position in low and zero emission solutions for the
maritime sector, and HYON is positioned to play a key role in enabling the blue
economy on a global scale," says Bjørn Simonsen, Chief Executive Officer of Saga
Pure and Member of the Board of Directors of HYON.

Arctic Securities AS acted as managers for the private placement and
Advokatfirmaet Schjødt AS is acting as legal advisor to the company.

For additional information, please contact:

Jørn Kristian Lindtvedt, CEO (+47 95 27 07 39)

Lars Christian Stugaard, CFO (+47 47 63 05 22)

About HYON AS | www.hyon.energy

HYON delivers fast and safe bunkering of hydrogen for ships. We make sure that
hydrogen can be transferred from shore to ships, both as a stand-alone fueling
solution and as an integrated solution combining production, storage and
distribution on a barge. HYON was founded in 2017, is headquartered in Oslo,
Norway and is backed by owners including Saga Pure, Norwegian Hydrogen and Nel.
HYON is on a mission to accelerate the energy transition in the maritime sector,
aiming to be the leading provider to bunkering solutions for hydrogen.

More information:
Access the news on Oslo Bors NewsWeb site

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