Drammen, Norway, 12 September 2023.

Reference is made to Hyon AS' (HYON) ("Company") announcement on 1 September on
key dates relating to a liquidation dividend if the Company is dissolved
pursuant to a resolution by the general meeting.

The Company hereby announces a correction that the Company's share will trade
including the right to receive dividend until the Company's general meeting has
resolved an audited liquidation budget including any liquidation dividend.

A liquidation budget will be presented to a second general meeting following a
creditor notice period of six weeks, if the general meeting on 15 September 2023
is completed with a resolution on dissolving the Company being validly made.

Further to the above, investors should disregard the key information on right to
dividend announced on 12 September 2023. Any resolution by the general meeting
on 15 September 2023 will be amended accordingly. Key dates for any liquidation
dividend will be announced when decided.

For further inquiries, please contact:

Jørn Kristian Lindtvedt CEO (jorn.lindtvedt@hyon.energy), or Otto Søberg
Chairman of the Board (Otto.Soeberg@outlook.com).

This information is subject to the disclosure requirements pursuant to section 5
-12 the Norwegian Securities Trading Act.

Forward-looking statements

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect", "anticipate",
"strategy", "intends", "estimate", "will", "may", "continue", "should" and
similar expressions. The forward-looking statements in this release are based
upon various assumptions, many of which are based, in turn, upon further
assumptions. Although the Company believe that these assumptions were reasonable
when made, these assumptions are inherently subject to significant known and
unknown risks, uncertainties, contingencies and other important factors which
are difficult or impossible to predict and are beyond their control. Actual
events may differ significantly from any anticipated development due to a number
of factors, including without limitation, changes in public sector investment
levels, changes in the general economic, political and market conditions in the
markets in which the Company operates, the Company's ability to attract, retain
and motivate qualified personnel, changes in the Company's ability to engage in
commercially acceptable acquisitions and strategic investments, and changes in
laws and regulation and the potential impact of legal proceedings and actions.
Such risks, uncertainties, contingencies and other important factors could cause
actual events to differ materially from the expectations expressed or implied in
this release by such forward-looking statements. The Company does not make any
guarantee that the assumptions underlying the forward-looking statements in this
announcement are free from errors nor does it accept any responsibility for the
future accuracy of the opinions expressed in this announcement or any obligation
to update or revise the statements in this announcement to reflect subsequent
events. You should not place undue reliance on the forward-looking statements in
this announcement.

The information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice. The Company does not undertake any obligation to review, update,
confirm, or to release publicly any revisions to any forward-looking statements
to reflect events that occur or circumstances that arise in relation to the
content of this announcement.

This announcement is for information purposes only and is not to be relied upon
in substitution for the exercise of independent judgment. It is not intended as
investment advice and under no circumstances is it to be used or considered as
an offer to sell, or a solicitation of an offer to buy any securities or a
recommendation to buy or sell any securities of the Company.