Press release

Nel ASA: Share capital increase registered

(Oslo, 10 November 2020) Reference is made to the stock exchange announcement on 6 November 2020 regarding the issuance of shares in Nel ASA. The share capital increase pertaining to the issuance of the 354,000 new shares has now been registered with the Norwegian Register of Business Enterprises. The Company's new registered share capital is 281,559,497.60, divided into 1,407,797,488 shares, each with a par value of NOK 0.20.

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