Sandnes, Norway - 19 February 2024 - Reference is made to Horisont Energi's
(EURONEXT: HRGI) press release of 22 December 2023 following the extraordinary
general meeting of the same date. At the extraordinary general meeting it was
resolved to carry out a corporate restructuring, transferring all rights and
obligations related to clean ammonia, CO2 transportation and storage and CO2
infrastructure into three separate and wholly owned subsidiaries. The formal
side of the restructuring has now been registered in the Norwegian Register of
Business Enterprises as completed. Some practical implementation steps remain
but will be completed by early March 2024.


For more information: 
Bjørgulf Haukelidsæter Eidesen, co-CEO 
+ 47 990 36 892 
bhg@horisontenergi.com 

Leiv Kallestad, co-CEO 
+ 47 958 95 661
Leiv.kallestad@horisontenergi.com

About Horisont Energi: 
Horisont Energi (EURONEXT: HRGI) is a Norwegian clean energy company that
provides clean energy and carbon transport and storage services. The company
will transform gas, water and renewable energy into cost-leading clean ammonia
and hydrogen and offer CO2 transportation and storage services using proprietary
technology, paving the way for a low carbon economy. The company was founded in
2019 and is headquartered in Sandnes, Norway. www.horisontenergi.no 

You can follow us on:
https://twitter.com/horisontenergi 
https://www.linkedin.com/company/horisontenergi/