(March 30, 2026 - Oslo, Norway) This notification relates to the identification
of a historical shareholding that was not previously disclosed, consisting of
4,064 shares held since 2020 by the spouse of Hanna Blume, Board Member of Nel
ASA ("Nel"). The disclosure is made upon receipt of the information and for the
purpose of ensuring accurate and complete public records, and has now been
registered in accordance with applicable regulations. Following this
registration, Ms. Blume and closely associated parties hold a total of 4,064
shares and 0 options in the company.

This information is subject to the disclosure requirements in articles 19 of the
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.

ENDS

About Nel ASA | www.nelhydrogen.com
Nel has a history tracing back to 1927 and is today a leading pure play hydrogen
technology company with a global presence. The company specializes in
electrolyser technology for production of renewable hydrogen, and hydrogen
fueling equipment for road-going vehicles. Nel's product offerings are key
enablers for a green hydrogen economy, making it possible to decarbonize various
industries such as transportation, refining, steel, and ammonia.

This information is subject to a duty of disclosure pursuant to Section 5-12 of
the Norwegian Securities Trading Act. This information was issued pursuant to
the EU Market Abuse Regulation, and was published by Wilhelm Finder, Head of
Investor Relations, Communications and Marketing, at Nel ASA on the date and
time provided.