Aker Clean Hydrogen, a global integrated clean hydrogen, ammonia and methanol
producer, and Kuehne+Nagel, the world's largest sea logistics provider, are
joining forces to decarbonize the maritime logistics sector by offering green
container transport. The two companies envision the expansion of Kuehne+Nagel's
offer of green fuels such as hydrogen, ammonia and methanol.

The first vessels with engines that can run on these fuel alternatives are in
production and expected to hit the waters in 2024. In the early days of such
first generation fossil-free engines, the sourcing of these fuels will present a
challenge. Through this partnership, both companies want to help scale fossil
-free shipping early on. While Aker Clean Hydrogen will secure access to green
fuels, Kuehne+Nagel handles the booking of contracts for environmentally
friendly containers in cooperation with their carrier partners.

Aker Clean Hydrogen and Kuehne+Nagel are already in advanced discussions with
container ship owners who share the ambition of fossil-free shipping and who
want to convert to hydrogen, ammonia and methanol engines. Through partnerships
with these carriers, Kuehne+Nagel's customers will in the future be able to
purchase the appropriate amount of green fuels for their cargo via the Mass
-Balance-Concept and instantly avoid CO2 emissions in their supply chains.

"The Mass-Balance-Concept is crucial in the transition towards replacing fossil
fuels with green fuels such as hydrogen and ammonia," said Arne Faaberg,
Managing Director of Kuehne+Nagel Norway. "This partnership with Aker Clean
Hydrogen contributes to our commitment to a low-carbon business model. Together
with them and our carrier partners we will be able to provide certified green
container shipment".

 "Shipping accounts for approximately 3 percent of the world's total emissions.
With Kuehne+Nagel's Mass-Balance-Concept and green fuel from our planned
hydrogen, ammonia and methanol projects around the world, we are well placed in
the transition towards a more sustainable future for global shipping," said Knut
Nyborg, Chief Executive Officer of Aker Clean Hydrogen.

ENDS

For further information, please contact:

Christian Yggeseth, Investor Relations, Tel: +47 915 10 000,
christian.yggeseth@akerhorizons.com

Mathias Nilsen Reierth, Communications, Tel: +47 988 05 724,
mathias.reierth@akerhorizons.com

About Aker Clean Hydrogen

Aker Clean Hydrogen aims to develop, build, own and operate clean hydrogen
production on an industrial scale. Aker Horizons is the majority shareholder of
the company, and Aker Clean Hydrogen uses domain expertise across the Aker
Group, including systems integration, engineering, technology development,
project implementation, digitalization and financial optimization to increase
efficiency and reduce project costs. The company aims to reach a net installed
capacity of 5 GW by 2030, and will make a major contribution to realizing the
hydrogen industry and reducing greenhouse gas emissions globally.
www.akercleanhydrogen.com (https://eur01.safelinks.protection.outlook.com/?url=h
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About Kuehne+Nagel

With more than 76,000 employees at 1,400 locations in over 100 countries, the
Kuehne+Nagel Group is one of the world's leading logistics companies. Its strong
market position lies in Sea Logistics, Air Logistics, Road Logistics and
Contract Logistics, with a clear focus on integrated logistics solutions.