Herning, Denmark, 27 April 2021 - Everfuel A/S today launched the company's H2
station roll-out plan for Sweden targeting up to 15 strategically positioned
fueling sites for zero emission transport by end of 2023. The plan is the second
section of the Everfuel's Scandinavian green hydrogen fueling strategy for
trucks, buses and cars connecting the main traffic corridors in Sweden, Norway
and Denmark.

The Swedish network will comprise of sites developed by Everfuel as well as
fueling stations in the partly EU funded Nordic Hydrogen Corridor initiative,
developed in collaboration with the project partners Statkraft, Toyota, Hyundai
and Hydrogen Sweden. The initiative, aiming at deploying up to eight fueling
stations and associated hydrogen production- and distribution infrastructure, is
co-financed via Connecting Europe Facility (CEF). Planning and site selection
are currently ongoing in close cooperation with professional transport sector
customers, central and local authorities and public funding programs.

"Everfuel is at the vanguard of the green transition in Scandinavia and Europe
by integrating and optimizing the green hydrogen value chain for zero emission
mobility. We consider Sweden, Norway and Denmark our home market and are
committed to lead the roll-out of solutions at scale for safe hydrogen
production, distribution and fueling to end-customers. The Nordic Hydrogen
Corridor project is an important part of this plan which will require
substantial investments, partnerships with end-users and vehicle-providers, and
public financial backing", says Jacob Krogsgaard, the CEO and founder of
Everfuel.

The Swedish H2 station network is part of Everfuel's Ramp-up phase of the
announced plan to invest EUR 1.5 billion in developing the green hydrogen value
chain in Europe and reach EUR 1 billion of revenue from sale of hydrogen fuel to
buses, trucks and cars before 2030. Large-scale hydrogen fueling networks are
required for the EU and Sweden to meet their climate targets.

Everfuel aims to develop a Scandinavian H2 fueling network which will initially
cover Norway south of Trondheim, Sweden south of Stockholm and Denmark. The
network further supports the STRING initiative for establishing a hydrogen
corridor with refueling stations from Hamburg to Oslo. This is planned as an EU
co-financed project with a public-private-partnership, uniting stakeholders
along the entire hydrogen value chain. STRING consists of minimum 13
stakeholders across eight regions and five major cities in Germany, Denmark,
Sweden and Norway.

"At TOYOTA Sweden, we are welcoming these investments in infrastructure for
hydrogen in Sweden and our neighbouring countries. Developed infrastructure is
much needed for us as country to reach our goals for carbon neutrality.
Additionally, Toyota Sweden will shortly deliver the first vehicles of the
second generation of our fuel cell hydrogen vehicle Toyota Mirai", says
Christian Norberg, CEO at Toyota Sweden AB.

Everfuel has mapped out planned H2 station locations in Sweden and will optimize
exact site selection and roll-out sequence based on close dialogue with
ambitious end-users and in close cooperation with local authorities. In line
with these dialogues and optimizations, the first specific site selections are
expected to be officially announced in 2021.

Please see the attached presentation for more information on Everfuel's
Scandinavian Hydrogen Stations Ambitions 2023, including a preliminary overview
of the associated H2 station network locations in Sweden.

For additional information, please contact:

Jacob Krogsgaard, CEO, +45 2871 8945

Lars Jakobsen, Sales Director, +45 2972 3933



About Everfuel | www.everfuel.com

Everfuel is making green hydrogen for zero emission mobility commercially
available across Europe, offering competitive all-inclusive hydrogen supply- and
fueling solutions. We own and operate green hydrogen infrastructure and partner
with vehicle OEMs to connect the entire hydrogen value chain and seamlessly
provide hydrogen fuel to enterprise customers under long-term contracts. Green
hydrogen is a 100% clean fuel made from renewable energy and key to
electrification of the transportation sector in Europe and a sustainable future.
We are a young ambitious company, headquartered in Herning, Denmark, and with
activities in Norway, Denmark, Sweden, The Netherlands, Germany and Belgium, and
a plan to grow across Europe. Everfuel is listed on Euronext Growth in Oslo
under EFUEL.