Herning, Denmark, 01 June 2023 - Everfuel A/S has appointed Jesper Ejlersen as
new CFO effective from 1 September 2023. He will be responsible for the finance
strategy enabling the execution of Everfuel's long-term growth plan as a leading
European green hydrogen company. Interim CFO Martin Skov Hansen will continue as
deputy CEO focusing on organisational development, HR and maturing key business
and internal processes.

"I firmly believe in the importance of building a zero-emission future. I find
that Everfuel's initiative to make green hydrogen widely accessible in Europe is
a significant step towards creating a more sustainable world. I am fully
dedicated to Everfuel's mission and eagerly anticipate becoming part of the team
of passionate individuals working towards advancing the Everfuel platform
towards long-term growth and the creation of value," says Jesper Ejlersen.

"Jesper has extensive experience from developing high-performing finance teams
and accelerating growth. He will complement the existing management team, head
up our financial reporting and compliance work, as well applying his competences
in building international financial organisations and systems, which are
important for Everfuel as we move our project pipeline into commercial
operation. We look forward to welcome Jesper in September and I am confident
that he will contribute significantly to our successful development," says Jacob
Krogsgaard, the founder and CEO of Everfuel.

Jesper Ejlersen has over 20 years of relevant management experience from large
organisations and from developing financial organisations in growth companies
with an international investor base. Most recently, he comes from a position
CFO/COO at MASH Makes, a green high-tech company. Prior to that, he was CEO at
Stibo Systems A/S and CFO in EG A/S, where he oversaw financial reporting and
M&A activities, including the company's delisting from Nasdaq Copenhagen. Jesper
is passionate about applying his competences in the green transition.

Following the strengthening of the leadership team, Everfuel management will
comprise of Jacob Krogsgaard (CEO), Martin Skov Hansen (Deputy CEO), Jesper
Ejlersen (CFO), Uffe Borup (CTO), Jeppe Hjuler Mikkelsen (COO), Mikkel Abildtrup
Pedersen (CDO), Lars Jacobsen (Sales Director) and Nicolaj Rasmussen (Business
Development Director).

For further information, please contact:

Jacob Krogsgaard, CEO, Everfuel, +45 2871 8945
Martin Skov Hansen, Deputy CEO, mha@everfuel.com, +45 5138 4700
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 subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.