Call for Annual General Meeting

Oslo, Norway, 29 April 2016

NEL ASA (OSE: NEL), please find attached the call for the Annual General Meeting in NEL ASA to be held on 20 May at 10:00 CET, at Sjølyst Plass 2, Oslo. The formal call for the Annual General Meeting has been sent to all shareholders registered in the Norwegian Central Security Depository (VPS). The complete set of documents relating to the Annual General Meeting will be made available on www.nel-asa.com.

For further information, please contact:

Lars Christian Stugaard

CFO

+47 23 01 49 06

lars.christian.stugaard@nel-hydrogen.com

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