Key developments in Q1 2025 and after balance sheet date:

Hexagon Purus ASA's first quarter 2025 results will be released on 6 May 2025, 07:00 CET. 

The annual general meeting of Hexagon Purus ASA was held today, 25 April 2025 in Oslo, Norway. All proposals on the agenda were adopted as proposed.

(Oslo, 15 April 2025) Hexagon Purus, a world leading manufacturer of zero emission mobility and infrastructure solutions, has received its first purchase order for the delivery of next generation hydrogen fuel storage systems from MCV, a leading bus manufacturer in Middle-East and Africa, worth approximately EUR 2.4 million. Hexagon Purus’ hydrogen fuel storage systems will be delivered in 2025 for use onboard MCV’s hydrogen fuel-cell electric buses targeted for the European public transportation market.

(7 April 2025, Hong Kong/Oslo) CIMC-Hexagon, a joint venture company of CIMC Enric Holdings Limited and Hexagon Purus producing hydrogen cylinder and systems solutions for mobility and infrastructure applications in China and Southeast Asia, has delivered its first batch of Type IV high-pressure hydrogen cylinders for use in Hexagon Purus’ hydrogen distribution modules in Europe. CIMC-Hexagon has obtained European TPED (Transportable Pressure Equipment Directive) certification allowing for delivery of hydrogen storage solutions to the European market. Consequently, the newly completed cylinder manufacturing facility in Shijiazhuang is now ramping up with production of 380 bar distribution cylinders intended for customers in Europe. This initial ramp-up phase is an important step in achieving certification for Type IV high-pressure hydrogen cylinders for the domestic Chinese market.

The Annual General Meeting of Hexagon Purus ASA will be held on 25 April 2025 at 11:30 CET at the offices of law firm Schjødt, Tordenskiolds Gate 12, Oslo, Norway.

(Oslo, 27 March 2025) The Board of Directors of Hexagon Purus ASA has approved the company's Integrated Annual and Sustainability Report for 2024.

(Oslo, Norway, 27 March 2025) Hexagon Purus, a world leading manufacturer of zero-emission mobility and infrastructure solutions, has entered into a multi-year agreement with Stadler, a leading manufacturer of rail applications, for delivery of hydrogen fuel storage systems for hydrogen rail applications in California.

Key developments in Q4 2024 and after balance sheet date:

(Oslo, Norway, 7 February 2025) Hexagon Purus, a world leading manufacturer of zero-emission mobility and infrastructure solutions, has today renewed its multi-year supply agreement with a leading European bus manufacturer for the delivery of hydrogen fuel storage systems to transit buses until 2028.

Hexagon Purus ASA's fourth quarter results 2024 will be released on 11 February 2025, 07:00 CET.

(Oslo, Norway, 23 January 2024) Ahead of Hexagon Purus’ (“the Company”) financial reporting for Q4 2024 and preliminary full-year 2024 on 11 February 2025, the Company would like to provide the following preliminary estimates and unaudited figures for Q4 2024 and full-year 2024:

Hexagon Purus ASA (the "Company") has received the attached notification form concerning the exercise of warrants in the Company by Hexagon Composites ASA, a closely associated enterprise of Jon Erik Engeset, who is a member of the Company's board of directors. Please refer to the attached form for further information. 

Reference is made to the additional warrants (the "Warrants") issued by Hexagon Purus ASA (the "Company") pursuant to resolutions made by the extraordinary general meetings of the Company held on 16 March 2023 (under agenda item 6) and on 11 January 2024 (under agenda item 6). Each Warrant gives the right to acquire one new share of the Company at a subscription price per share equal to the par value of the shares (NOK 0.10).

(Oslo, Norway, 10 December 2024) Reference is made to (i) the convertible bond with ISIN NO0012851858 (the "First Convertible Bonds") and (ii) the convertible bond with ISIN NO0013106732 (the "Second Convertible Bonds"), both issued by Hexagon Purus ASA (the "Company").

Hexagon Purus ASA ("Purus" or "the Company") has decided to provisionally award up to 10,640,000 Restricted Share Units ("RSUs") under the Company's 2025 Long-Term Incentive Program (the "LTIP"). Of the grants, 4,840,000 Units were granted to PDMRs, as further specified in the attached forms.

Each vested RSU will give the holder the right to receive one share in the Company. All Units have an exercise price corresponding to the par value of the shares (NOK 0.10).

The awards are in accordance with the Board of Directors' remuneration policy for executive management. The Units are non-transferable and will vest in February 2028, subject to continued employment at vesting.

Key developments in Q3 2024 and after balance sheet date:

Reference is made to the stock exchange announcement made by Hexagon Purus ASA (the "Company") on 30 October 2024 regarding the successful private placement of 145,000,000 new shares (the "Private Placement"), divided into a first tranche with 55,541,400 new shares and a second tranche with 89,458,600 new shares ("Tranche 2"). The share capital increase pertaining to the issuance of the new shares in Tranche 2 of the Private Placement has now been registered with the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 42,270,719.80 divided on 422,707,198 shares, each with a par value of NOK 0.10. The new shares in Tranche 2 are tradable on Oslo Børs as of publication of this announcement.

Reference is made to the stock exchange announcement made by Hexagon Purus ASA (the "Company") on 30 October 2024, regarding the successful implementation of the Company's private placement (the "Private Placement"), comprising in total 145,000,000 new shares in the Company (the "New Shares").

The extraordinary general meeting of Hexagon Purus ASA was held today, 22 November 2024 at 10:00 (CET) in Oslo, Norway. All proposals on the agenda were adopted as proposed, save for item 5 which had been withdrawn by the board prior to the extraordinary general meeting.