PORSGRUNN, 3 March 2025 - On 3 March 2025 ANDRITZ announced the receipt of an
order for the authority engineering of a 100 MW green hydrogen plant in Rostock,
Germany. Subject to the investment decision of the final customer, ANDRITZ
expects to receive the notice to proceed with the supply of the plant.

Upon receipt of the notice to proceed, ANDRITZ will supply the green hydrogen
plant on an EPC (Engineering, Procurement, Construction) basis using HydrogenPro
pressurized alkaline technology for the electrolysis process.

Sami Pelkonen, EVP Green Hydrogen ANDRITZ, comments: "This order represents
another significant milestone in our robust partnership with HydrogenPro and
demonstrates our strong foothold in the European hydrogen value chain. We are
proud to support the transition to sustainable energy solutions together."

Jarle Dragvik, CEO of HydrogenPro explained: "The partnership with ANDRITZ
places us in a strong position with the customers and once again confirming the
solidity of the strategic partnership between ANDRITZ and HydrogenPro. We are
excited to continue playing a pivotal role in the European journey towards
decarbonization.

For further information, please see the press release from
ANDRITZ: https://www.andritz.com/newsroom-en/environmental-solutions/2025-03-03
-hyros

About HydrogenPro:
HydrogenPro is a technology company and an OEM for high pressure alkaline
electrolyser and supplies large scale green hydrogen plants, all ISO 9001, ISO
45001 and ISO 14001 certified. The Company was founded in 2013 by individuals
with background from the electrolysis industry which was established in
Telemark, Norway by Norsk Hydro in 1927. We are an experienced engineering team
of leading industry experts, drawing upon unparalleled experience and expertise
in the hydrogen and renewable energy industry.

This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act