Oslo, Bremerhaven November 12[th]. 2024 - HydrogenPro, a leading manufacturer in
electrolyzer technology, and J.H.K., an established industrial plant
construction and engineering company, are pleased to announce an exclusive
partnership focused on the implementation of green hydrogen projects in Germany,
Austria and the Benelux countries. As part of this collaboration, HydrogenPro
will supply its state-of-the-art high-pressured alkaline electrolyzer
technology, while J.H.K. will act as plant integrator and EPC (Engineering,
Procurement and Construction) contractor, managing project execution and
successful delivery to customers.

The partnership targets green hydrogen projects in the range of 5 to 50 MW. This
collaboration combines HydrogenPro's expertise in electrolysis technology with
J.H.K.'s experience of more than a century in Balance of Plant and EPC services,
creating a powerful combination aimed at accelerating the adoption of
sustainable energy solutions across Europe.

Jarle Dragvik, CEO of HydrogenPro, emphasizes: "HydrogenPro is primarily
addressing the large scale Hydrogen projects, but we recognizes that parts of
the market are entering the energy transition in initial smaller scale scopes.
J.H.K. brings the necessary know-how to use our advanced technology in smaller
green hydrogen projects in the European market. This partnership enables us to
offer a complete solution that integrates our state-of-the-art electrolyzers
with J.H.K.'s experience in the EPC sector, creating a win-win situation for
both companies and, more importantly, for our customers who are looking to
transition to green energy. HydrogenPro is cooperating with Andritz AG on larger
scale projects."

Julius Kramer, CEO of J. Heinr. Kramer Group, added: "This partnership is a
major step forward in advancing green hydrogen solutions on an industrial scale.
Based on the exceptional energy efficiency of HydrogenPro's high pressure
alkaline technology, we see good opportunities to meet the growing demand in the
field of decentralized, green hydrogen production for use in industry, mobility
and grid stabilization, thus enabling a more sustainable future."

Together, HydrogenPro and J.H.K. are committed to delivering impactful green
hydrogen solutions that support Europe's energy transition goals and accelerate
the transition to a carbon-neutral economy.

About HydrogenPro:
HydrogenPro is a technology company and an OEM for high pressure alkaline
electrolyzer and supplies large scale green hydrogen technology & systems. 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.

About the J. Heinr. Kramer Group:

Founded in 1901 in Bremerhaven, the J. Heinr. Kramer Group is an internationally
active family business now in its fourth generation. Under the leadership of
Julius Kramer it operates six companies