With reference to the stock exchange notice on 25 March 2024, the nomination committee submitted a proposal for the board election at the annual general meeting of the Company to be held 23 April 2024. The nomination committee maintained its proposal in connection with the extraordinary general meeting to be held at the same date.

In connection with the recent private placement of MNOK 82.7 in the Company, Andritz AG has made a significant investment in the Company and become a major shareholder of the Company. Following the private placement, Andritz AG has nominated Mr. Bjørn Hansen as a candidate to the board of directors. Against this background, the nomination committee has made an adjustment in its proposal to the ordinary general meeting and extraordinary general meeting to be held on 23 April 2024. 

Enclosed to this notice is the revised nomination committee recommendation. The recommendation will also be made available on the company's webpage www.hydrogenpro.com

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 pursuant to Section 5-12 the Norwegian Securities Trading Act.

HYPRO Revised proposal from nomination committee