(Oslo, 18 November 2020) Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has today entered into a Memorandum of Understanding (MoU) with Iberdrola with the ambition to collaborate in the development of a green hydrogen production plant with the capacity of more than 200 MW in Spain by 2023. As part of this MoU, Iberdrola and Nel also plan to jointly develop a green hydrogen technology value chain in Spain.

(Oslo, 13 November 2020) Jon André Løkke, CEO of Nel ASA ("Nel") has today sold 700,634 shares in Nel at an average price of NOK 19.6486 per share. The shares were held both privately and through Ludens AS, a company 100% owned by Mr. Løkke, and the divesture is primarily related to the tax obligations following Nel's option program.

Following the transaction, Mr. Løkke holds 2,000,000 shares in Nel.

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

ENDS

(Oslo, 10 November 2020) Reference is made to the stock exchange announcement on 6 November 2020 regarding the issuance of shares in Nel ASA. The share capital increase pertaining to the issuance of the 354,000 new shares has now been registered with the Norwegian Register of Business Enterprises. The Company's new registered share capital is 281,559,497.60, divided into 1,407,797,488 shares, each with a par value of NOK 0.20.

ENDS

For further information, please contact:

Kjell Christian Bjørnsen, CFO, +47 917 02 097

(Oslo, 6 November 2020) Nel ASA (the Company) today has resolved, in accordance with the authorization granted by the general meeting on 13 May 2020, to issue 354,000 new shares to fulfil the Company's obligations in the groupwide share option program comprising all employees in Nel fulfilling certain criteria, specified in the Company's annual report (note 6), thereby increasing the Company's share capital by NOK 70,800.