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el ASA: Receives first H2Station® order for Canada
(Oslo, 3 May 2019) Nel Hydrogen A/S, a subsidiary of Nel ASA (Nel, OSE:NEL), has
received an order for the delivery of a H2Station® fueling station from HTEC
(Hydrogen Technology & Energy Corporation). The H2Station® will be installed in
Vancouver, British Columbia (BC) and will help expand the growing hydrogen
fueling network for fuel cell electric vehicles (FCEVs) in Canada.

"Nel looks forward to collaborating with HTEC on expanding the fueling coverage
in Canada by providing our H2Station® equipment for an HTEC hydrogen fueling
station in Vancouver. Canada is increasing the efforts on hydrogen, both with
regards to policies and infrastructure and vehicle deployments. We are therefore
excited to deliver our first H2Station® for this important and growing market",
says Jens Egholt Rasmussen, Global Sales Director, Nel Hydrogen Fueling.

"Infrastructure must be in place to support FCEV rollouts. HTEC is excited to
integrate Nel's H2Station® fueling equipment into a station in our BC refueling
network. Nel has extensive experience deploying their technology in other
markets and we are looking forward to collaborating again in the future as we
build the first wave of hydrogen refueling stations in Canada," says Colin
Armstrong, CEO, HTEC.

In 2018, HTEC opened the first retail hydrogen refueling station in Canada and
is now actively planning and building additional stations in Vancouver and
Quebec, in collaboration with key retail operators. These efforts support
initiatives by international car manufacturers to deploy FCEVs in the regions,
backed by governmental policies.

The H2Station® will be installed during 2020 at a conventional retail fueling
station in the Vancouver area. The parties have decided not to disclose the
value of the contract.

ENDS
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