NEL 17.06.2019 kl 10:29 12083

Nel ASA: Status update #4 regarding incident at Kjørbo

(Oslo, June 17, 2019) Nel ASA (Nel, OSE:NEL) announces new findings from safety
consultancy Gexcon regarding the incident at the Kjørbo hydrogen station on June
10, 2019.

The preliminary Gexcon investigation shows that the incident started with a
hydrogen leakage from the high-pressure storage unit and that a 'cloud' of
hydrogen ignited. The investigations continue in order to identify the root
cause of the leak as well as the source of the ignition.

"Based on further investigations, we can say with certainty that the leak
started in the high-pressure storage unit, and we are now carrying out
investigations to understand the detailed mechanisms of the leakage as well as
what caused the ignition," says Geirmund Vislie, Vice President Consulting of

Together with the authorities, Nel and Gexcon are conducting an off-site
examination of the high-pressure storage unit, which comprises of both tanks and
components from third-party suppliers and various components designed by Nel.
Various tests and analysis have been initiated and will continue until the
parties have a clear understanding of exactly where and how the leak started.
Further investigations and data simulations will also look into the source of
the ignition.

The low-pressure steel and composite storages were neither the source of the
leak, nor the source of the ignition. No tanks ruptured in the incident.

Please see attached illustration of the site, including the highlighted high
-pressure storage, which is now the main focus of the investigation.

"We can now conclude that Nel's core technologies were not the source of the
leakage. However, we are still searching for what ignited the hydrogen. We are
grateful for all the parties that are working hard day and night to uncover the
root cause of the incident, and are happy to see that good progress is being
made," says Jon André Løkke, CEO of Nel.

Nel has published a dedicated status update and Q&A site to address the incident
at the Kjørbo hydrogen station. The site can be accessed on www.nelhydrogen.com,
and will updated as new information becomes available.


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