Herning, Denmark, 27 June 2023 - Everfuel A/S today announced the grant of
warrants to executive management and other employees to support long-term
employee alignment, commitment and motivation to unlock hydrogen at scale
through potential shared ownership.

Members of executive management and other employees as of 31 March 2023 were
eligible for the grant which was made by the Board of Directors under an
authorisation approved by the Annual General Meeting.

A total of 824,101 warrants in the company were granted, without payment of any
consideration. Each warrant gives the right to subscribe for one share. The
warrants have an exercise price of approximately EUR 1,59 (equivalent to NOK
18,57) per share, and with an exercise period from the annual general meeting's
approval of the Company's annual report for 2025 and the following two years. It
is a condition that the recipient has not resigned before start of the exercise
period.

The following primary insiders and close associates to primary insiders were
granted warrants:

Jacob Krogsgaard, CEO, 20,217 new warrants. Jacob Krogsgaard directly and
indirectly controls a total of 44,841,452 shares and 706,839 warrants following
today's grant.

Martin Skov Hansen Deputy CEO, 60,217 new warrants. Martin Skov Hansen directly
and indirectly controls a total of 9,600 shares and 260,217 warrants following
today's grant.

Jeppe Mikkelsen, COO, 20,217 new warrants. Jeppe Mikkelsen directly and
indirectly controls a total of 10,695 shares and 218,839 warrants following
today's grant.

Uffe Borup, CTO, 20,217 new warrants. Uffe Borup directly and indirectly
controls a total of 3,880,223 shares and 218,839 warrants following today's
grant.

Lars Jakobsen, Sales Director, 20,217 new warrants. Lars Jacobsen directly and
indirectly controls a total of 512,388 shares and 218,839 warrants following
today's grant.

Nicolaj Bruun Rasmussen, Business Development Director, 20,217 new warrants.
Nicolaj Bruun Rasmussen directly and indirectly controls a total of 512,388
shares and 218,839 warrants following today's grant.

Mikkel Abildtrup Pedersen, Chief Development Officer, 60,217 new warrants.
Mikkel Abildtrup Pedersen directly and indirectly controls a total of 270,353
warrants following today's grant.

Mads Tirsgaard Mortensen, Investor Relations Manager, 17,302 new warrants. Mads
Tirsgaard Mortensen directly and indirectly controls 220 shares and 24,126
warrants following today's grant.

Lea Vindvad Hansen, Investor Relations & Communications Manager, 5,974 new
warrants. Lea Vindvad Hansen directly and directly controls 60 shares and 8,973
warrants following today's grant.
Rikke Krogsgaard, close associate of Jacob Krogsgaard, 2,131 new warrants. Rikke
Krogsgaard directly and indirectly controls a total of 151,180 warrants
following today's grant.

Trine Dvinge, close associate of Lars Jakobsen, 3,286 new warrants. Trine Dvinge
directly and indirectly controls a total of 10,536 warrants following today's
grant.

For additional information, please contact:

Martin Skov Hansen, Deputy CEO and Interim CFO, mha@everfuel.com, +45 5138 4700

About Everfuel | www.everfuel.com

Everfuel is making green hydrogen for zero emission industry and mobility
commercially available across Europe, offering competitive all-inclusive
hydrogen supply and fuelling solutions. We own and operate green hydrogen
infrastructure and partner with industry and vehicle OEMs to connect the entire
hydrogen value chain and seamlessly provide hydrogen fuel to enterprise
customers under long-term contracts. Green hydrogen is a 100% clean energy
carrier made from renewable solar and wind power and key to decarbonising
industry and transportation in Europe. We are an ambitious, rapidly growing
company, headquartered in Herning, Denmark, and with activities in Norway,
Denmark, Sweden, The Netherlands, Germany and Belgium, and a plan to grow across
Europe. Everfuel is listed on Euronext Growth in Oslo under EFUEL.

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