26 March 2024: Reference is made to the stock exchange release on 22 March 2024, 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 18.5655 per share:

* Ashley Remillard, SVP Legal & Government Affairs
* 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.comand follow @HexagonASA on Twitter and LinkedIn.

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