Reference is made to the announcement on March 28, 2019. Norsk Hydro ASA has
completed a successful placement of senior unsecured bonds with a total amount
of EUR 800 million. The transaction is split in two tranches:

- EUR 500 million, 6-year, fixed rate bonds with a coupon of 1.125% p.a. (1,253%
reoffer yield)
- EUR 300 million, 10-year, fixed rate bonds with a coupon of 2.00% p.a. (2,119%
reoffer yield)

"We are very satisfied to have completed such a successful placement. The strong
interest confirms that Hydro is considered an attractive investment for bond
investors. We are pleased to have achieved highly competitive terms", says CFO
Eivind Kallevik.

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