GAUSSIN S A : Group announces an initial contract for hydrogen-powered yard trucks ATM-H2 with PLUG POWER These 38T vehicles will be delivered starting in November 2021 and deployed to PLUG POWER’s customers

Héricourt, August 16th, 2021

GAUSSIN Group announces an initial contract for hydrogen-powered yard trucks ATM-H2 with PLUG POWER

These 38T vehicles will be delivered starting in November 2021 and

deployed to PLUG POWER's customers

GAUSSIN (ALGAU - FR0013495298) announces an initial order from Plug Power Inc. (NASDAQ: PLUG) for 20 hydrogen-powered yard trucks (ATM-H2), which will be deployed to existing Plug Power customers in North America. Deliveries to Plug Power will begin in November 2021.

This first order will allow Plug Power and Gaussin to penetrate rapidly the North American logistics market. Plug Power will use its existing network of hydrogen refueling stations and service network, currently being used by customers in logistics centers for material handling equipment.

ATM-H2,market-leading industrialized hydrogen tractor

The ATM-H2 is based on the ATM electric skateboard already in operation at over 35 sites in Europe in its FULL Elec version. This vehicle, which has a capacity of 38T, is used to move trailers and semi- trailers in logistics centers operated by logistics, e-commerce, retail and industrial companies 24/7.

The ATM-H2, Gaussin's 38T hydrogen-powered yard truck

A sign of the partnership between Plug Power and Gaussin

The order for 20 ATM-H2 is part of a partnership between Plug Power and Gaussin, as the two players announced their collaboration on hydrogen-powered transportation vehicles in November 2020. The partnership allowed the two companies to understand each other's technologies and develop the ATM- H2, based on the proven ATM 38T electric skateboard and Plug Power's world-leading hydrogen and fuel cell systems.

Plug Power's hydrogen ecosystem, an asset for Gaussin

Plug Power is making a significant contribution to the development of the hydrogen economy as the leading provider of complete turnkey solutions for hydrogen fuel cells (HFCs). The U.S. company has even created the first commercially viable market for this technology. It has deployed more than 40,000 fuel cell systems for e-mobility, more than any other mobility player in the world. Plug Power has also become the largest purchaser of liquid hydrogen, having built and operated a hydrogen highway across North America. The company plans a deep commitment to green hydrogen production moving forward. The company is building the first green hydrogen production network in the United States aimed to supply 500 tons per day of green hydrogen by 2025, 1,000 tons per day globally by 2028 and that when fully built will offer our transportation fuel customers pricing competitive to diesel.

"Plug Power is a key player in the hydrogen economy and an incredible pioneer. The partnership that binds us is a sign of Gaussin's determination and ability to innovate in favor of low-carbon mobility. The ATM-H2 has real assets and I have no doubt that it will be a success in the future," said Christophe Gaussin, CEO of the Gaussin Group.

About GAUSSIN

Gaussin is an engineering company that designs, assembles and sells innovative products and services in the transport and logistics field. Its know-how encompasses cargo and passenger transport, autonomous technologies allowing for self-driving solutions such as Automotive Guided Vehicles, and the integration all types of batteries, electric and hydrogen fuel cells in particular. With more than 50,000 vehicles worldwide, Gaussin enjoys a strong reputation in four fast-expanding markets: port terminals, airports, logistics and people mobility. The group has developed strategic partnerships with major global players in order to accelerate its commercial penetration: Siemens Postal, Parcel

• Airport Logistics in the airport field, Bolloré Ports and ST Engineering in ports and Bluebus for people mobility. GAUSSIN has broadened its business model with the signing of license agreements accelerating the diffusion of its technology throughout the world. The acquisition of METALLIANCE confirms the emergence of an international group present in all segments of intelligent and clean vehicles.
  In October 2019, the group won the World Autonomous Vehicle Transport Competition "Category leader" - "Better energy and environmental sustainability".
  Gaussin has been listed on Euronext Growth in Paris since 2010. More information on www.gaussin.com.

	Contacts
GAUSSIN	Ulysse Communication
Christophe Gaussin, [e-mail]	Nicolas Daniels,[e-mail]
+33(0)3.84.46.13.45	+33(0)6.63.66.59.22
	Charles Courbet,[e-mail]
	+33(0)6.28.93.03.06

LHA Investor Relations - USA

Jody Burfening,[e-mail]

[phone]

For more information about GAUSSIN, go to www.gaussin.com

** This document may contain forward-looking information. Such forward-looking information refers to future prospects, developments and strategies of Gaussin and is based on an analysis of expected future results and estimates of amounts that are not yet determinable to date. Forward-looking information naturally contains elements of risk and uncertainty relative to events and therefore dependent on circumstances which may or may not occur in the future. Gaussin draws your attention to the fact that forward-looking information provides no guarantee concerning its future performance or financial situation, financial results or trends in the sector in which Gaussin operates, and which may significantly differ from those proposed or suggested in the forward-looking statements contained in this presentation. Furthermore, even though the financial position of Gaussin, its performance and trends in the sector in which Gaussin operates comply with the forward-looking information contained in this presentation, such performance or trends may not be a reliable indication of the company's future performance or prospects. Gaussin is not committed to updating or confirming analysts' expectations or estimates or to publicly correcting any information or event in order to reflect an event or circumstance eventually occurring following this presentation.