Hynion AS: Mandatory notification of trade from primary insider

Reference is made to the announcement by Hynion AS (the "Company") on 30 November 2022 regarding the commencement of a partially underwritten rights issue in the Company (the "Rights Issue"), with tradable subscription rights being granted to existing shareholders (the "Subscription Rights"). Transfer of Subscription Rights Primary insider Lars Amnell, chair of the board, has transferred 2,571,426 subscription rights as further detailed in the attached notification. This information is subject to the disclosure requirements in article 19 of Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act. For further information, please contact: Slavica Djuric, Managing Director Hynion Sverige AB, Tel: +46 73-072 60 76, E-mail: sd@hynion.com Ulf Hafseld, CEO Hynion AS, Tel: +47 908 94 153, E-mail: uh@hynion.com About Hynion: Hynion designs, builds and operates hydrogen stations in and around the largest cities in Scandinavia. The company builds on experiences from the last 20 years, including world-leading projects such as HyNor, CUTE, Utsira wind/hydrogen, CEP Berlin, SHHP, NewBusFuel and H2ME, to name a few. The company's management also has extensive experience in establishing and operating start-up companies and years of experience in the automotive industry. For more information, go to https://www.hynion.com