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Regulatory press release

Hexagon Composites ASA: Mandatory notification of trade - sale of shares

Hexagon Composites
5 April 2023: Reference is made to the stock exchange release on 3 April 2023,
regarding settlement of Performance Share Units ("PSUs") to senior executives
and entitled employees. Pursuant to a sales process conducted by a third party
to settle tax obligations, the following primary insiders have sold shares at a
price of NOK 32.8470 per share:

* Jon Erik Engeset, CEO
* George Siedlecki, SVP Strategy and M&A
* Karen Romer, SVP Communication
* Rick Rashilla, SVP Sustainability

Further details of the primary insider's transactions pursuant to the market
abuse regulation article 19 are attached.

For more information
Ingrid Aarsnes, VP IR & ESG, Hexagon Composites Telephone: +47 950 38 364 |
ingrid.aarsnes@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 (http://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
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