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Regulatory press release

Everfuel A/S - Share capital increase registered: Corrected statement

Everfuel
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Herning, Denmark, 14 March 2023: Reference is made to the stock exchange announcements by Everfuel A/S (the "Company") on 9 March 2023 regarding the issue of 8,279,960 new shares upon completion of a private placement of shares. The share capital increase pertaining to the issuance of the new shares in the private placement has now been registered with the Danish Business Authorities. The Company's new registered share capital is DKK 862,799.60 divided on 86,279,960 shares, each with a nominal value of DKK 0.01 per share.

This correction replaces statement published Friday 10[th] at 13:00 CET.

For additional information, please contact:

Jacob Krogsgaard, CEO, Everfuel, +45 2871 8945

Mads Tirsgaard Mortensen, Investor Relations Manager, Everfuel, mm@everfuel.com,+45 6171 5625

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 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 14 March 2023 at 13:00 CET.

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