(Oslo, September 30, 2021) Nel Hydrogen Fueling, a subsidiary of Nel ASA (Nel,
OSE: NEL) has received a purchase order from MaserFrakt AB for one H2StationT
hydrogen fueling station to be used for a fleet of heavy-duty fuel cell electric
vehicles in Borlänge, Sweden.

"We are very happy to be chosen by MaserFrakt to be the supplier of their first
hydrogen fueling station. MaserFrakt, one of Sweden's largest companies in the
haulier and construction business, has taken an important decision by
introducing hydrogen for mobility, supporting their aim of becoming climate
neutral by 2035. We look forward to supporting MaserFrakt AB with the continued
transition towards zero emission transport in Sweden " says Christian Vinther,
Key Account Manager at Nel Hydrogen Fueling.

"We are pleased to announce the signature of a promising contract with our
partner NEL, which will allow us to move forward on our way towards climate
neutral transportation. We are looking forward to using this equipment to power
fuel cell heavy trucks that will be part of our fleet.  Together with the
recently announced agreement of hydrogen supply, this fits very well with our
sustainability road map" Per Bondemark, CEO at MaserFrakt.

The robust and state-of-the-art hydrogen station allows to refuel hydrogen
vehicles in less than fifteen minutes in a safe, fast, and reliable way. The
H2StationT is scheduled to be operational by Q4 of 2022. The parties have agreed
not to disclose the value of the purchase order. The hydrogen fueling station
(H2StationT) will?serve heavy-duty?vehicles?in Borlänge, Sweden.

ENDS

For further information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Kjell Christian Bjørnsen, CFO, +47 917 02?097

About Nel ASA | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to
produce, store and distribute hydrogen from renewable energy. We serve
industries, energy and gas companies with leading hydrogen technology. Since its
origins in 1927, Nel has a proud history of development and continual
improvement of hydrogen plants. Our hydrogen solutions cover the entire value
chain from hydrogen production technologies to manufacturing of hydrogen fueling
stations, providing all fuel cell electric vehicles with the same fast fueling
and long range as conventional vehicles today.

About MaserFrakt AB | https://www.maserfrakt.se

MaserFrakt is a major player in the Swedish transport and logistics industry.
The company is owned by +300 haulier companies and have an annual turnover of
+200 MEUR. MaserFrakt provides all kinds of transportation services, logistics
services and contracting services to the Swedish industry sector, the food
retail sector, e-commerce and municipalities. The fleet of more than 1500
vehicles is already fossil free to an extent of more than 50%. MaserFrakt with
its sustainability roadmap, which includes liquified biogas, battery electric
vehicles and fuel cell electric vehicles, is aiming for the company to have a
climate neutral fleet no later than 2035.