NEL – PROPOSAL FOR NEW BOARD MEMBERS OF NEL ASA

Reference is made to the notice of extraordinary general meeting of NEL ASA (the "EGM") to be held on 23 June 2015, as announced on 2 June 2015. As set out in the notice, specific proposals for the composition of the board of directors would be presented by the nomination committee before the AGM.

The nomination committee has recommended that the existing board shall be supplemented by two new board members, Kristin Hellebust and Mikael Sloth. The recommendation by the nomination committee is attached to this announcement. 

For further information, please contact: 

Lars Christian Stugaard

Acting CEO

+47 23 01 49 06

About Us

Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. We serve industries, energy, and gas companies with leading hydrogen technology. Our roots date back to 1927, and since then, we have had a proud history of development and continual improvement of our hydrogen plants. Today, our hydrogen solutions cover the entire value chain: from hydrogen production technologies to hydrogen fueling stations, enabling industries to transition to green hydrogen, and providing fuel cell electric vehicles with the same fast fueling and long range as fossil-fueled vehicles… without the emissions.