Nel ASA – Mandatory notification of trade by primary insider

(Oslo, 3 March 2022) A related party of Finn Jebsen, Board member of Nel ASA ("Nel"), has today sold 260,000 shares in Nel at an average price of NOK 15.052300 per share. After the transaction, Mr. Jebsen and related parties holds 50,620 shares in Nel.

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.