Hexagon Composites ASA: Mandatory notification of trade - settlement of PSUs

22 March 2024: Reference is made to the announcement on 2 May 2021, in
which Hexagon Composites ASA (the "Company") announced the provisional award of
up to 1 734 990 Performance Share Units ("PSUs") to senior executives and
entitled employees. Each vested PSU will give the holder the right to receive
one share in the Company at an exercise price corresponding to the par value of
the shares being NOK 0.10. The total program ended at 813 421 PSUs of which 225
411 PSUs have been awarded to primary insiders.
The transaction is settled in treasury shares, following the transaction, the
Company holds 566 433 treasury shares. Further details of the primary
insiders' transactions pursuant to the market abuse regulation article 19 are
attached.
For more information:
Ingrid Aarsnes, VP IR & ESG, Hexagon Composites
Telephone: +47 950 38 364 | ingrid.aarsnes@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our
solutions enable storage, transportation, and conversion to clean energy in a
wide range of mobility, industrial and consumer applications. Learn more at
www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.
This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act