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Regulatory press release

Hexagon Composites ASA: Share buyback program status

Hexagon Composites
6 September 2023: With reference to the share buyback program announced 18
August 2023, Hexagon Composites ASA ("the Company") has from  29 August to 6
September 2023 purchased 501,398 of its own shares. The shares were purchased at
an average price of NOK 37.6778 per share. An overview of daily share purchases,
as well as a detailed overview of all transactions made under the share buyback
program is attached.

Date on which the buyback program was announced: 18 August 2023

The duration of the buyback program: 18 August 2023 until 31 October 2023

Size of the buyback program: Up to NOK 50 million

Following the transactions, the Company owns 902,973 of its own shares, which
represents 0.45% of the total shares outstanding.

For additional information:
Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA
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 and follow @HexagonASA on Twitter and LinkedIn.

This information is made public by Hexagon Composites pursuant to the EU Market
Abuse Regulation and subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
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