Sandnes, Norway - 31 December 2022 - Reference is made to stock exchange release
on the 13 of December 2022 "Horisont Energi AS issues share options to
employees".

Nelle Management AS has been allocated 2000 share options in Horisont Energi AS,
with an exercise price of 42,24 NOK per share option. After the transaction
Nelle Management AS has a total holding of 255 300 shares and 2000 share options
in Horisont Energi AS. Nelle Management AS is owned by Ellen Braune who is COO
Business Strategy & Support and part of the management team in Horisont Energi
AS. 

Mosol Invest AS has been allocated 2000 share options in Horisont Energi AS,
with an exercise price of 42,24 NOK per share option. After the transaction
Mosol Invest AS has a total holding of 256 000 shares and 2000 share options in
Horisont Energi AS. Mosol Invest AS is owned by Morten Sola who is CCS Chief
Project Officer and part of the management team in Horisont Energi AS. 

Zevs Holding AS has been allocated 2000 share options in Horisont Energi AS,
with an exercise price of 42,24 NOK per share option. After the transaction Zevs
Holding AS has a total holding of 280 875 shares and 2000 share options in
Horisont Energi AS. Zevs Holding AS is owned by Ståle Brattebø who is CTO and
part of the management team in Horisont Energi AS. 

The vesting period of the share options is 18 months following the date of grant
and the exercise period is 24 months, provided the option holder is still an
employee of the Company.

Please find the notifications of trade attached here.  

For further information, please contact:
Bjørgulf Haukelidsæter Eidesen, CEO  
+47 990 36 892 
bhe@horisontenergi.com

Siri Melberg, Head of branding & communication
+47 470 35 718
sm@horisontenergi.com

About Horisont Energi
Horisont Energi (EURONEXT: HRGI) is a Norwegian clean energy company that will
provide clean energy and carbon transport and storage services. The company will
transform gas into cost-leading ammonia and hydrogen and offer CO2
transportation and storage solutions using proprietary technology, paving the
way for a low carbon economy. The company was founded in 2019 and is
headquartered in Sandnes, Norway. https://www.horisontenergi.no


This information is subject to the disclosure requirements pursuant to the
market abuse regulation article 19 and to section 5-12 of the Norwegian
Securities Trading Act.

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