12 April 2024 - HydrogenPro ASA (OSE: HYPRO): Reference is made to the stock exchange announcement made by HydrogenPro ASA (the "Company") on 10 April 2024 regarding a NOK 82.7 million investment in the Company through a private placement of new shares towards ANDRITZ AG (the "Private Placement").

The share capital increase pertaining to the issuance of the shares in the Private Placement has now been registered with the Norwegian Register of Business Enterprises:

Share capital: NOK 1,402,433.60
Total number of shares: 70,121,680
Nominal value per share: NOK 0.02

For further information, please contact:
Martin Thanem Holtet, CFO
+47 922 44 902
martin.holtet@hydrogenpro.com

About HydrogenPro:
HydrogenPro is a technology company and an OEM for high pressure alkaline electrolyser and supplies large scale green hydrogen plants, all ISO 9001, ISO 45001 and ISO 14001 certified. The Company was founded in 2013 by individuals with background from the electrolysis industry which was established in Telemark, Norway by Norsk Hydro in 1927. We are an experienced engineering team of leading industry experts, drawing upon unparalleled experience and expertise in the hydrogen and renewable energy industry.

This information is subject to the disclosure requirements section 5-12 of the Norwegian Securities Trading Act and the Oslo Rule Book II.