Public-private partnership agreement with Akershus County Council

(Oslo, 02 July 2015) NEL Hydrogen AS, a subsidiary of NEL ASA, has entered into a public-private partnership agreement with Akershus County Council for the rollout of a hydrogen refilling station in Akershus.

Following the agreement, Akershus County Council will award a grant for the completion of a hydrogen refueling station to be located in county of Akershus, Norway. The agreement is among the first public-private partnership agreements in the process of building a hydrogen infrastructure throughout Norway.

For additional information, please contact:

Bjørn Simonsen, market development and public relations director, + 47 97 17 98 21

Lars Christian Stugaard, acting chief executive officer, +47 47 63 05 22

About NEL

NEL ASA is the first dedicated hydrogen company on the Oslo Stock Exchange. Since its foundation in 1927, NEL Hydrogen has a proud history of development and continual improvement of hydrogen plants. NEL aims to deliver a complete solution, from hydrogen production to the refuelling of vehicles through the partly owned company Hyme AS and the subsidiary H2 Logic A/S. H2 Logic A/S is a leading manufacturer of H2Station® hydrogen refueling stations that provides fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles today. www.nel-hydrogen.com