5 April 2023: Reference is made to the stock exchange release on 3 April 2023, regarding settlement of Performance Share Units ("PSUs") to senior executives and entitled employees. Pursuant to a sales process conducted by a third party to settle tax obligations, the following primary insiders have sold shares at a price of NOK 32.8470 per share:

• Jon Erik Engeset, CEO
• George Siedlecki, SVP Strategy and M&A
• Karen Romer, SVP Communication
• Rick Rashilla, SVP Sustainability

Further details of the primary insider's transactions pursuant to the market abuse regulation article 19 are attached.

For more information
Ingrid Aarsnes, VP IR & ESG, Hexagon Composites Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

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, industrial and consumer applications. Learn more at www.hexagongroup.com (http://www.hexagongroup.com) and follow @HexagonASA on Twitter and LinkedIn.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Attachment

• Notification of transactions 5 April 2023