(Oslo, 13 May 2020) The annual general meeting of Nel ASA was held today. All proposals set out in the notice to the general meeting were approved. Please find minutes from the annual general meeting attached.

For further information, please contact:

Kjell Christian Bjørnsen, CFO, +47 917 02 097

About Nel ASA | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. We serve industries, energy, and gas companies with leading hydrogen technology. Our roots date back to 1927, and since then, we have had a proud history of development and continuous improvement of hydrogen technologies. Today, our solutions cover the entire value chain: from hydrogen production technologies to hydrogen fueling stations, enabling industries to transition to green hydrogen, and providing fuel cell electric vehicles with the same fast fueling and long range as fossil-fueled vehicles - without the emissions.

https://news.cision.com/nel-asa/r/nel-asa--annual-general-meeting-held,c3110409

https://mb.cision.com/Main/115/3110409/1246905.pdf

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