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 531,280,000 shares in ACH, corresponding to an ownership interest of approximately 77.25% and Aker Horizons ASA’s indirect shareholding in ACH will accordingly remain unchanged.

This information is subject to the disclosure requirements set out in the Euronext Growth Rule Book – Part I, section 4.3.1.

About Aker Clean Hydrogen AS

Aker Clean Hydrogen aims to develop, build, own and operate clean hydrogen production on an industrial scale. Aker Horizons is the majority shareholder of the company, and Aker Clean Hydrogen uses domain expertise across the Aker Group, including systems integration, engineering, technology development, project implementation, digitalization and financial optimization to increase efficiency and reduce project costs. The company aims to reach a net installed capacity of 5 GW by 2030, and will make a major contribution to realizing the hydrogen industry and reducing greenhouse gas emissions globally.