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Aker Clean Hydrogen: Merger With Aker Horizons to be Completed Today – Last Day of Trading

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.Reference is made to the previous stock exchange announcements by Aker Clean Hydrogen AS (“Aker Clean Hydrogen” or “ACH”) regarding the contemplated merger with Aker Horizons ASA (“Aker Horizons”). The merger will be carried out as a triangular merger whereby ACH will merge with Aker Horizons’ wholly-owned subsidiary AH Seksten

Aker Clean Hydrogen: Update on Merger with Aker Horizons

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.Reference is made to the previous stock exchange announcements by Aker Clean Hydrogen AS (“Aker Clean Hydrogen” or “ACH”) regarding the contemplated merger with Aker Horizons ASA ( “Aker Horizons”). The merger will be carried out as a triangular merger whereby ACH will merge with Aker Horizons’ wholly-owned subsidiary AH

Aker Clean Hydrogen AS: Annual General Meeting Approves Merger Plan

The 2022 annual general meeting of Aker Clean Hydrogen AS was held today as a digital meeting with online participation. All resolutions were made in accordance with the proposals set out in the meeting notice, including approval of the merger plan dated 30 March 2022 regarding the contemplated merger with a subsidiary of Aker Horizons ASA. For more information regarding the merger, please see previous stock exchange releases published by Aker Clean Hydrogen AS. The general meeting appointed PricewaterhouseCoopers AS as the new auditor of the company. Minutes of the meeting are

Aker Clean Hydrogen: First-Quarter Results 2022

Aker Clean Hydrogen today published the results for the first quarter of 2022, during which the company advanced the maturing of its clean hydrogen projects in Norway and internationally.Key developments included: · Announcing a merger plan with Aker Horizons to strengthen the integration of hydrogen production with downstream applications in large-scale hybrid decarbonization projects, such as in Narvik, Norway and Chile · Establishing a partnership with Statkraft to collaborate on green hydrogen and ammonia production in India and Brazil · Entering a collaboration agreement

Aker Horizons and Statkraft Partnering to Explore Green Hydrogen and Ammonia Opportunities in India and Brazil

Aker Horizons, through its portfolio company Aker Clean Hydrogen, and Statkraft have signed collaboration agreements to jointly explore opportunities for green hydrogen and ammonia production in India and Brazil, targeting local steel and fertilizer industries.The collaboration brings together Aker Clean Hydrogen, a global integrated hydrogen, ammonia and methanol producer building on Aker’s 180 years of industrial heritage, and Statkraft, a leading developer and generator of renewable energy with a substantial experience and presence in India and Brazil. “We are excited to join forces

Aker Clean Hydrogen AS: Notice of postponed Annual General Meeting with amended agenda

Reference is made to the recently announced contemplated merger (the “Merger”) between Aker Clean Hydrogen AS (the “Company”) and AH Seksten AS, a subsidiary of Aker Horizons ASA (“AKH”). The Merger is subject to the approval of the Company’s general meeting. To avoid holding two general meetings within a short time period, the board of directors have decided to postpone the Company’s annual general meeting originally scheduled for 19 April 2022, until 4 May 2022 at 12.00 (CEST), and amend the agenda for the general meeting to also include the approval of the Merger. Please find attached

Aker Clean Hydrogen AS: Disclosure of large shareholding

Reference is made to the recently announced contemplated merger between Aker Clean Hydrogen AS (“ACH”), AH Seksten AS, a subsidiary of Aker Horizons ASA, and Aker Horizons ASA (the “Merger”). To facilitate the triangular Merger, Aker Horizons ASA will transfer all of its indirect shareholding in ACH from its subsidiary, Aker Horizons Holding AS, to AH Seksten AS, each at a price of NOK 4.6655 per share. Following the transfer of the 531,280,000 shares held indirectly by Aker Horizons ASA, Aker Horizons Holding AS will no longer have any ownership interest in ACH, AH Seksten AS will own

Aker Clean Hydrogen and Aker Horizons Announce Merger Plan

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.Aker Clean Hydrogen AS (the “Company”, “Aker Clean Hydrogen” or “ACH”) today announces a merger plan with Aker Horizons ASA (“Aker Horizons”): · Aker Clean Hydrogen and Aker Horizons to combine in an all-stock merger that will reposition ACH as a privately held subsidiary of Aker Horizons · Shareholders in Aker Clean

HEGRA: New Ownership

HEGRA was launched in 2021 as a collaborative project between Yara, Aker Clean Hydrogen and Statkraft, with the aim of electrifying Yara's ammonia plant at Herøya in Norway, removing annual CO2 emissions of 800,000 tonnes.An integrated team has collaborated over the past year to mature the project in an early phase. The recently completed feasibility study shows that HEGRA is feasible, but due to commercial and strategic reasons there is no basis for continuing the project under the current ownership structure. Work on HEGRA will be continued by Yara without Aker Clean Hydrogen and

Aker Clean Hydrogen AS: Notice of Annual General Meeting

The annual general meeting of Aker Clean Hydrogen AS will be held on Tuesday, 19 April 2022 at CET 1200 as a virtual meeting, where among other things election of new auditor is on the agenda.The meeting will be conducted as a virtual meeting only, accessible online via Lumi AGM. All shareholders will be able to participate in the meeting, vote and ask questions from smartphones, tablets or desktop devices. For further information regarding electronic participation, please refer to the guide available at www.akercleanhydrogen.com.  No pre-registration is needed for attending online, but

Aker Clean Hydrogen and Kuehne+Nagel to Accelerate Green Container Shipping

Aker Clean Hydrogen, a global integrated clean hydrogen, ammonia and methanol producer, and Kuehne+Nagel, the world’s largest sea logistics provider, are joining forces to decarbonize the maritime logistics sector by offering green container transport. The two companies envision the expansion of Kuehne+Nagel’s offer of green fuels such as hydrogen, ammonia and methanol.The first vessels with engines that can run on these fuel alternatives are in production and expected to hit the waters in 2024. In the early days of such first generation fossil-free engines, the sourcing of these fuels will

Aker Clean Hydrogen: Fourth-Quarter Results 2021

Aker Clean Hydrogen today published results for the fourth quarter of 2021, showing the company has increased its portfolio of projects and prospects currently under development to 2 GW.Industrial scale clean hydrogen has a clear path towards cost-competitiveness by 2030. Several of the company’s projects placed in favorable locations in Norway and South America show attractive cost levels, matching offtakers’ price expectations. Aker Clean Hydrogen was launched in February 2021 and has since developed several industrial projects with planet-positive impact together with established

Aker Clean Hydrogen: Presentation of Q4 2021 Results

Aker Clean Hydrogen will present fourth-quarter 2021 results on 11 February, 2022.The presentation will be broadcast as a webcast on the following link: https://channel.royalcast.com/landingpage/hegnarmedia/20220211_10/  Time and date: Friday 11 February, 2022 at CEST 09:30 Questions can be submitted throughout the streaming event and the presentation material will be published at 07:00 CEST. For additional information, please contact: Investor contact: Christian Yggeseth, mob: +47 915 10 000, email: christian.yggeseth@akerhorizons.com About Aker Clean Hydrogen Aker

Aker Clean Hydrogen: Third-Quarter Results 2021

Aker Clean Hydrogen today published results for the third quarter of 2021, showing the company has taken further steps towards maturing its portfolio of clean hydrogen projects in Norway and internationally, aiming at passing the first investment decision during 2022.Hydrogen has the potential to replace fossil-based solutions across several industries, from transport to agriculture. Several countries have launched ambitious hydrogen strategies, and the positive political developments continued in the third quarter. “We have made further progress to make hydrogen affordable. Some of our

Green ammonia from HEGRA to secure Norwegian competitiveness

Today the company HEGRA is launched at Herøya, Porsgrunn, with former Statnett CEO, Auke Lont as Chairman. The company aims to electrify and decarbonize the ammonia plant at Herøya, enabling large-scale green ammonia production. «HEGRA» is short for HErøya GReen Ammonia, and is co-owned by Yara, Aker Clean Hydrogen and Statkraft each owning 1/3.– Aker, Yara and Statkraft have established HEGRA with the ambition of creating new industry in Norway that provides a competitive advantage in a growing global hydrogen economy, establishes green jobs for the future and forms the basis for a future

Shell Joins Aukra Hydrogen Hub

Aker Clean Hydrogen and CapeOmega have signed a Memorandum of Understanding with AS Norske Shell to explore opportunities to develop the Aukra Hydrogen Hub to a large-scale production facility for clean hydrogen using natural gas from the local gas processing plant at Nyhamna.Shell is the operator of the Ormen Lange gas field on the Norwegian continental shelf and Technical Service Provider at the related gas plant at Nyhamna in Aukra. The company is also an owner in the Northern Lights Joint Venture, a CO2 transportation and storage partnership. The clean hydrogen produced in Aukra can

Aker Clean Hydrogen: Second-Quarter Results 2021

Aker Clean Hydrogen today published results for the second quarter and first half of 2021, showing the company has taken decisive steps towards realizing its ambition to accelerate clean energy by producing clean hydrogen safely and affordably.“In just a few months, we have established projects and prospects with net capacity of more than 1.7 GW in Norway, Chile and Uruguay, so we are heading steadily towards our 2030 target of reaching 5 GW net installed capacity,” said Knut Nyborg, Chief Executive Officer of Aker Clean Hydrogen. Highlights in the second quarter included: ·

Aker Clean Hydrogen Invests to Accelerate Hydrogen Production in Mid-Norway

Aker Clean Hydrogen has invested in a private placement in Meraker Hydrogen AS, resulting in a 20 percent ownership in the company. The aim of the investment is to accelerate the development of green hydrogen production in Mid-Norway and decarbonize local transportation and industry.The company intends to build a plant producing up to 10 tons of green hydrogen per day, equivalent to 23 MW of installed electrolyser capacity, using local renewable energy sources. Production start is expected early in 2024.  “Meraker Hydrogen is well positioned to create green value chains and decarbonize

Berlevåg Project to Decarbonize Arctic Shipping Forges Ahead

Aker Clean Hydrogen and Varanger Kraft’s project to build a green hydrogen and ammonia plant in Berlevåg in Northern Norway is accelerating towards its objective to decarbonize arctic shipping and off-grid power plants.The green ammonia will be produced from water and renewable power from the Raggovidda wind park and replace traditional fossil fuels for ships, rigs and offgrid power stations, removing about 200,000 tons CO2 per year. The project has now successfully passed the feasibility study and concept phase. The project design is based on a 100 MW hydrogen plant, but pre-

Kristoffer Dahlberg appointed CFO of Aker Clean Hydrogen

Kristoffer Dahlberg has been appointed Chief Financial Officer of Aker Clean Hydrogen, effective 15 June, 2021. Dahlberg joins the company from Aker BP, where he was most recently Vice President, Business Controlling.He previously held various roles at Boston Consulting Group, Sparebank1 Markets and RS Platou Markets. “We are very pleased to welcome Kristoffer to Aker Clean Hydrogen, where he joins a fast-growing team of people who are eager to realize major hydrogen projects in Norway and abroad,” says Knut Nyborg, Chief Executive Officer of Aker Clean Hydrogen. Dahlberg holds an MSc

Aker Clean Hydrogen to Explore Hydrogen Production Facility Opportunities in Aukra in Norway

Aker Clean Hydrogen and the municipality of Aukra are exploring opportunities to realize the establishment of a hydrogen production facility on the island in western Norway.The Aukra Hydrogen Hub project will rely on access to natural gas from the local gas processing plant in Aukra. The hydrogen plant will split the natural gas into CO2 and hydrogen. The CO2 will be permanently stored and the clean blue hydrogen can be used to decarbonise local industrial processes, provide emission-free fuel for sea and road transport as well as being exported to European hydrogen consumers. As part of

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