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 All proposals on the agenda were adopted as proposed, save for item 5 which had been withdrawn by the board prior to the extraordinary general meeting. 

Hexagon Purus ASA's third quarter results 2024 will be released on 28 November 2024, 07:00 CET.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

(Oslo, Norway, 14 November 2024) Rick Rashilla, board member of Hexagon Purus ASA ("Hexagon Purus"), has purchased 50,000 shares in Hexagon Purus at an average price of NOK 5.17 per share.

(Oslo, Norway, 6 November 2024) Dionysos AS has today purchased a total of 82,500 shares in Hexagon Purus ASA (“Hexagon Purus”) at an average price of NOK 5.9739 per share. Dionysos AS is a company controlled by Jon Erik Engeset, board member of Hexagon Purus and CEO of Hexagon Composites ASA.

(Oslo, 1 November 2024) Hexagon Purus ASA calls for an Extraordinary General Meeting to be held on 22 November 2024 at 10:00 (CET). Please find the convening notice attached.

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 on a first tranche with 55,541,400 new shares ("Tranche 1") and a second tranche with 89,458,600 new shares. The share capital increase pertaining to the issuance of the new shares in Tranche 1 of the Private Placement has now been registered with the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 33,324,859.80 divided on 333,248,598 shares, each with a par value of NOK 0.10. The new shares in Tranche 1 are tradable on Oslo Børs as of publication of this stock exchange announcement.

Reference is made to the private placement announced by Hexagon Purus ASA (the "Company") on 30 October 2024 (the "Private Placement"). Please find attached PDMR-forms related to the subscription of shares in the Private Placement by primary insiders of the Company. 

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 in the Company (the "Private Placement"), and a potential subsequent repair offering of up to 21,750,000 new shares at the same subscription price as in the Private Placement (the "Subsequent Offering"). The Subsequent Offering will, subject to applicable securities law, be directed towards existing shareholders in the Company as of 30 October 2024 (as registered in the VPS two trading days thereafter), who (i) were not allocated shares in the Private Placement, and (ii) are not resident in a jurisdiction where such offering would be unlawful or, would (in jurisdictions other than Norway) require any prospectus, filing, registration or similar action.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

(25 October 2024 – Oslo, Norway) Reference is made to the stock exchange release by Hexagon Purus (“the “Company”) on 18 April 2023, where Hexagon Purus Systems USA LLC, a subsidiary of the Company, and Panasonic Energy Co., LTD (“Panasonic”) signed a multi-year agreement for the supply of lithium-ion battery cells from Panasonic’s new facility in Kansas, USA. The agreement included a requirement for Hexagon Purus to pre-pay approximately USD 43 million (of which approximately USD 8.6 million has been paid to date) for capacity reservation purposes, subject to the achievement of certain milestones.

(4 October 2024 – Oslo, Norway) Reference is made to the stock exchange release by Hexagon Purus ASA (“Hexagon Purus” or the “Company”) on 14 August 2023, where Hexagon Purus and Daimler Truck North America (“DTNA”) signed a long-term agreement for complete vehicle integration of battery electric vocational vehicles.

Reference is made to the convertible loan agreements for the NOK 800,000,000 Senior Unsecured Convertible Bonds 2023/2028 with ISIN NO 0012851858 (the “First Convertible Bonds”) and the NOK 999,950,000 Senior Unsecured Convertible Bonds 2024/2029 with ISIN NO 0013106732 (the “Second Convertible Bonds”) (together the “Convertible Bonds”).

Hexagon Purus Maritime, a wholly owned subsidiary of Hexagon Purus, has received a purchase order for a compressed hydrogen fuel system from Freire Shipyard in Vigo, Spain. The system will be used on Greenpeace's new 75-meter vessel featuring advanced green technologies, including hydrogen and e-methanol power systems. The value of the order is approximately EUR 2.5 million (approx. NOK 29 million).

Hexagon Purus, a world leading supplier of zero emission mobility solutions, has entered into a multi-year supply agreement with GILLIG, a leading designer and manufacturer of heavy-duty transit buses in the United States, for supply of hydrogen fuel storage systems for their new fuel cell powered transit buses.

Key developments in Q2 2024:

Correction: Updated with correct number of shares issued

Reference is made to the stock exchange announcement by Hexagon Purus ASA on 18 March 2024 regarding the issue of 909,472 new shares entitled to employees in accordance with the long-term incentive plan of December 2020 (the “2020 LTIP”).