26 August 2024: Reference is made to the stock exchange announcement by Hexagon Composites ASA (the "Company") on 20 August 2024 regarding the issue of 8,450,704 new shares upon completion of a private placement of shares. The share capital increase pertaining to the issuance of the new shares under the private placement has now been registered with the Norwegian Register of Business Enterprises. The Company's new registered share capital is NOK 21,007,041.60 divided into 210,070,416 shares, each with a nominal value of NOK 0.10 per share.

For more information: Ingrid Aarsnes, VP ESG & Corporate Compliance, Hexagon Composites, Email: 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 and industrial applications. Learn more at www.hexagongroup.com and follow @HexagonASA on X and LinkedIn.

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