Changes to the Board of Directors

Herning, Denmark, 23 December 2022 – Mr. Kjell Christian Bjørnsen will step down from the Board of Directors of Everfuel A/S (the “Board”) by the end of 2022.

Mr. Bjørnsen is a leading employee of Nel ASA, Everfuel’s second largest shareholder. Nel ASA are among potential bidders to upcoming material equipment deliveries to planned new electrolyser facilities and hydrogen refuelling stations developed by Everfuel. Mr. Bjørnsen steps down to proactively address any governance concerns related to these bids.

The remaining Board complies with the requirements regarding board composition and will still constitute a quorum. The potential election of a replacement Board member will be considered in due course.

For additional information, please contact

Jacob Krogsgaard, CEO, Everfuel, +45 2871 8945
Mads Tirsgaard Mortensen, Investor Relations Manager, Everfuel, [email protected]

About Everfuel | www.everfuel.com

Everfuel is making green hydrogen for zero emission mobility commercially available across Europe, offering competitive all-inclusive hydrogen supply- and fueling solutions. We own and operate green hydrogen infrastructure and partner with vehicle OEMs to connect the entire hydrogen value chain and seamlessly provide hydrogen fuel to enterprise customers under long-term contracts. Green hydrogen is a 100% clean fuel made from renewable energy and key to electrification of the transportation sector in Europe and a sustainable future. We are a young ambitious company, headquartered in Herning, Denmark, and with activities in Norway, Denmark, Sweden, The Netherlands, Germany and Belgium, and a plan to grow across Europe. Everfuel is listed on Euronext Growth in Oslo under EFUEL

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