Nel ASA: Mandatory notification of trade by primary insider

(March 30, 2026 - Oslo, Norway) This notification relates to the identification of a historical shareholding that was not previously disclosed, consisting of 4,064 shares held since 2020 by the spouse of Hanna Blume, Board Member of Nel ASA ("Nel"). The disclosure is made upon receipt of the information and for the purpose of ensuring accurate and complete public records, and has now been registered in accordance with applicable regulations. Following this registration, Ms. Blume and closely associated parties hold a total of 4,064 shares and 0 options in the company.

This information is subject to the disclosure requirements in articles 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.

ENDS

About Nel ASA | www.nelhydrogen.com Nel has a history tracing back to 1927 and is today a leading pure play hydrogen technology company with a global presence. The company specializes in electrolyser technology for production of renewable hydrogen, and hydrogen fueling equipment for road-going vehicles. Nel's product offerings are key enablers for a green hydrogen economy, making it possible to decarbonize various industries such as transportation, refining, steel, and ammonia.

This information is subject to a duty of disclosure pursuant to Section 5-12 of the Norwegian Securities Trading Act. This information was issued pursuant to the EU Market Abuse Regulation, and was published by Wilhelm Finder, Head of Investor Relations, Communications and Marketing, at Nel ASA on the date and time provided.