Reference is made to the stock exchange announcement made by Hexagon Composites
ASA (the "Company") on 16 September 2025 regarding the successful private
placement of 42,014,080 new shares at a price per share of NOK 14, raising gross
proceeds of approximately NOK 590 million (the "Private Placement"). The share
capital increase pertaining to the issuance of the new shares in the Private
Placement has now been registered with the Norwegian Register of Business
Enterprises. The Company's new share capital is NOK 25 208 449.60 divided on
252,084,496 shares, each with a par value of NOK 0.10. Shares allocated in the
Private Placement are now tradable.
This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act.