29 August 2025: Reference is made to the announcement on 29 August 2022, in which Hexagon Composites ASA (the "Company") announced the provisional award of up to 175,000 Restricted Share Units ("RSUs") under a Long-Term Incentive Program (LTIP) to align the interests of the participating employees with those of the Company's shareholders. Each vested RSU will give the holder the right to receive one share in the Company at an exercise price corresponding to the par value of the shares being NOK 0.10. The total program ended at 155,941 RSUs of which 13,502 RSUs have been awarded to primary insiders.

The transaction is settled in treasury shares. Following the transaction, the Company holds 2,317,163 treasury shares. Further details of the primary insider's transaction pursuant to the market abuse regulation article 19 is attached.

For more information: David Bandele, CFO, Hexagon Composites
Telephone: +47 92 09 14 84 | david.bandele@hexagongroup.com

About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications. Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn.

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