We are Cavendish Hydrogen

Oslo, 15 November 2024: Based on a request from shareholders in accordance with section 5-7 (2) of the Norwegian Public Limited Liability Companies Act, the Board of Directors of Cavendish Hydrogen ASA ("Cavendish", OSE: CAVEN) calls for an extraordinary general meeting to be held on Friday, 6 December 2024 at 10:00 CET (the "EGM").

We are excited to share that Claus Sinding has been appointed Project Lead for the development of a new ISO standard: “ISO 19885-3 High Flow Hydrogen Fueling Protocols for Heavy Duty Road Vehicles”

In June 2023, the two companies signed agreements for technical and commercial collaboration aimed at revolutionizing the field of medium- and heavy-duty (MHD) hydrogen fueling stations and trailer filling applications.

Cavendish Hydrogen A/S is excited to announce the signing of a purchase agreement for a high-capacity station test site located in Herning, Denmark.

Cavendish Hydrogen, which has been separated from Nel, is valued at NOK 975 million in its stock market debut.

A host of hydrogen-interested German investors join the bandwagon when Nel's fueling stations are listed on the stock exchange. Nel-topp will not speculate on whether there may be selling pressure in the share.

The global market for hydrogen fueling equipment is growing rapidly. From 2024 to 2030, the combined size of the markets in the US and Europe is projected to be between 6,5 billion euros and 7 billion euros. By establishing this new company, we aim to take a significant market share in both key markets.