NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

14 March 2025 – HydrogenPro ASA (OSE: HYPRO): Reference is made to the stock exchange announcements on 23 December 2024 and 13 January 2025, regarding the private placement of 12,700,000 new shares towards existing shareholders ANDRITZ AG and Mitsubishi Heavy Industries, Ltd., as registered in the Norwegian Register of Business Enterprises on 13 January 2025, whereby 5,281,300 of the new shares were issued on a separate ISIN and not tradeable on Euronext Oslo Børs until a prospectus had been approved by the Financial Supervisory Authority of Norway.

The Financial Supervisory Authority of Norway has today, 14 March 2025, approved the prospectus prepared in connection with the listing of these shares. The prospectus will be made available on www.hydrogenpro.com.

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