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Hexagon Composites ASA: Closing of the Digital Wave transaction

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Reference is made to stock exchange release dated 26 October related to the announced acquisition of Digital Wave Corporation. The closing of the transaction was completed on 30 November.

With this acquisition, Hexagon Composites will fully integrate capabilities for testing and requalification of high-pressure cylinders. The business will operate as a wholly owned subsidiary of Hexagon's US affiliate and will continue to research and develop new products and services in this field.

For more information:
Jack Schimenti, President, Hexagon USA Holdings, Inc.
Telephone: +1 402 470 5044 | jack.schimenti@hexagonlincoln.com

George Siedlecki, Chief Financial Officer, Hexagon Lincoln, LLC
Telephone: +1 402 470 4991 | george.siedlecki@hexagonlincoln.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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