Annual General Meeting held in Nel ASA

The annual general meeting of Nel ASA was held on 15 May 2017.

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:

Bent Skisaker

CFO

+47 46 82 16 93

bent.skisaker@nelhydrogen.com

About Us

NEL ASA is a leading global supplier of hydrogen technology for industrial / energy purposes, and has made over 500 deliveries in more than 50 countries. The company's main products are hydrogen production plants based on water electrolysis, complete hydrogen stations for transport and renewable energy storage solutions. The company has its roots from the hydrogen activities of Norsk Hydro, which dates back to 1927. The company also has a number of patents related to tests for early detection and diagnosis of diseases.

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