Herning, Denmark, 19 June 2023 - Following an initial investigation of a
malfunction and leak on one of its twelve hydrogen trailers, Everfuel A/S has
initiated a controlled venting of all hydrogen trailers from the same supplier.
Everfuel has safety as a top priority and has taken the precautionary measure as
the initial investigative report received today identified a valve as the source
of the leak and did not exclude the risk of this being a potential systematic
fault.

Consequently, the company has temporarily halted usage of its hydrogen trailer
fleet until all relevant valves have been controlled. The leak occurred on 10
June on a hydrogen trailer during operations in the Netherlands within the
fenced perimeter of the hydrogen station and posed no risk to people or the
environment.

Everfuel is in close dialogue with the supplier of the hydrogen trailers to
identify the root-cause and ensure that corrective measures are implemented in
accordance with supplier protocol and Everfuel safety requirements.

The grounding of the trailer fleet will have a negative impact on the
distribution of hydrogen to Everfuel's customers and refuelling stations. The
company is working to minimise the implications for customers and end-users and
will provide further updates when available.

For further information, please contact:

Jacob Krogsgaard, CEO, Everfuel, +45 2871 8945
Mads Tirsgaard Mortensen, Investor Relations Manager, Everfuel, mm@everfuel.com,
+45 7730 4727

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 considered inside information pursuant to the EU Market
Abuse Regulation and subject to the disclosure requirements of Section 5-12 of
the Norwegian Securities Trading Act. The stock exchange release was published
by Mads Tirsgaard Mortensen, Investor Relations Manager at Everfuel on 19 June
2023 at 20:15 CEST