Fredericia, Denmark, 27 June 2022 - TVIS and Everfuel succeed Denmark's first agreement of surplus heat from a PtX facility. Everfuel invests in a 4.5 MW heat pump to cool the supporting processes in the hydrogen production. TVIS, the local district heating network, is building a 1.2 kilometre long transmission line to Everfuel's 20 MW electrolysis plant, HySynergy. When TVIS and Everfuel signed the first agreement six months ago the volume corresponded to the consumption in 5-600 households per year. The new agreement increases the volume to about three times as much, as the volume of heat correlates to the annual consumption of approximately 1300 households. "In December 2021, we signed Denmark's first agreement on surplus heating from hydrogen and PtX technology in Fredericia, and now we are increasing the amount of heat approximately three times. We attain valuable experience about the heat potential of PtX technology, but we also streamline operational time of the hydrogen plant and utilise valuable amounts of energy that would otherwise disappear into thin air. We are making history not only in TVIS but also in the district heating world by utilising surplus heating from hydrogen production and helping to ensure a stable district heating system on the short and long term," says Lars Schmidt, Chairman of the Board of TVIS. "The utilisation of surplus heating is an important part of our technological development and understanding of the potential in utilising local heat transmission as a cooling resource for our processes. With the agreement the site's efficiency will be of the highest standard with plant efficiency of approximately 87%. It gives us important experience ahead of Phase II, which consists of an expansion of the electrolysis plant to 300 MW in 2025," says CEO Jacob Krogsgaard from Everfuel. "When we have completed our new transmission pipeline, the heat will be circulated across four municipalities and reach about 60.000 households, apartment buildings, institutions, and companies. And there are many more consumers in sight. This is why we value important agreements like these with Everfuel, because the four municipalities behind TVIS are experiencing high settlement growth and business development and have ambitious strategies for phasing out gas and oil. District heating plays a key role, and our collaboration are prime examples of sector coupling that shows the path to the energy system of the future, where the surplus of one company is the resources of another," says Jørgen Nielsen, CEO of TVIS. For additional information please contact Lea Vindvad Hansen, Investor Relations & Communications Manager, Everfuel, + 45 6183 0205 Jørgen Nielsen, CEO, Tvis, +45 2787 5849 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 fuelling 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. About TVIS | www.TVIS.net For almost 40 years, TVIS has ensured reliable distribution of district heating by use of local energy resources. TVIS is a collaboration across four municipalities, nine district heating companies, and several local industries, where we utilize heat as efficiently and environmentally conscientious as possible. TVIS is responsible for agreements with local companies that can provide larger volumes of surplus heat to our grid so that the heating needs in our four owner municipalities is covered. We also own and operate the main artery of district heating transmission in the Triangle Area, which consists of 123-kilometer pipelines connected to nine district heating companies in the four cities. We ensure green and stable heating by immense planning, heat market analysis, efficiency improvements, and investments in green technologies. We perform our own smaller and larger maintenance of pumps, heat exchangers, and pipes, to use the energy as efficiently as possible. This ensures very high stability and low consumer costs. The Triangle Area already has a far-reaching district heating system, and TVIS has formed close and equally advantageous cooperation with local energy companies, and as we in the future use surplus heat from power to x-technologies, we refine the business case for all involved parties.

Everfuel and Crossbridge Energy agree on terms for HySynergy Phase II hydrogen supplies

Herning and Fredericia, 27 June 2022 - Everfuel A/S and Crossbridge Energy A/S
have signed a long-term agreement stipulating the terms for hydrogen supply from
the first stage of Everfuel's HySynergy Phase II PtX facility which is under
development in Fredericia, Denmark. The agreement is an important step in the
realisation of the planned 300MW electrolyser plant.

The two project partners have agreed on the commercial terms for the initial
stage of the electrolyser facility which will be developed in three stages (A, B
and C) each with 100 MW electrolysis capacity.
Section A will have a production capacity of up to 40 tons of green hydrogen per
day, which will be used for more sustainable fuel production at the adjacent
Crossbridge Energy refinery, and as a zero-emission fuel for mobility and
industry.

"The long-term agreement on commercial terms with Crossbridge Energy is an
important enabler for the HySynergy Phase II development project. We share a
strong partnership and are eager to continue our collaboration on building a
large-scale PtX facility as a game changer for the energy transition in Denmark.
Before that, we of course look forward to starting operations of the Phase I
electrolyser facility later this year and deliver the first green hydrogen to
our partners and our stations," says Jacob Krogsgaard, the CEO of Everfuel.

"Hydrogen is the key to unlocking the full potential of green fuels. With
Crossbridge Energy's refinery and the Everfuel's HySynergy project, we are
taking a great leap forward towards more sustainable fuels. Initially, we will
replace hydrogen based on fossil fuels with green hydrogen at our refinery, but
we are also starting the next step of the Danish PtX journey," says Finn
Schousboe, the CEO of Crossbridge Energy.

The second phase of HySynergy, will when fully operational as planned in 2025,
facilitate an annual reduction of up to 500,000 tonnes of carbon emissions from
the mobility sector and industry. This corresponds to approximately 11 % of the
annual Danish land-based transport sector's carbon emissions. Crossbridge
Energy and Everfuel will further develop partnership agreements with external
parties for the supply of excess oxygen and heat from the new facility to
increase its overall efficiency.

The first phase of HySynergy, which consists of a 20 MW electrolyser, is
currently under construction next to the Crossbridge Energy refinery and is
expected to produce the first green hydrogen in late 2022. The second phase will
be developed in connection with Phase I. The land plot is already outlined and
prepared for construction subject to receiving IPCEI funding from the EU for the
stage A electrolyser.

For additional information, please contact
Torben Øllegaard Sørensen, External Relations Advisor, Crossbridge Energy
Fredericia, +45 4077 9257
Lea Vindvad Hansen, Investor Relations & Communications Manager, Everfuel, +45
6183 0205


About Crossbridge | crossbridgepartners.com

Crossbridge is a leading energy platform with an environmental focus on
developing and driving sustainable energy solutions. Crossbridge acquired the
A/S Dansk Shell refinery (renamed to Crossbridge Energy A/S) in June 2022.
Crossbridge Energy supplies approximately 35% of the total Danish liquid fuel
consumption. Crossbridge is focused on transitioning traditional energy
infrastructure and growing through acquisition in North America, Europe and
other locations. The platform has $2.0 billion in annual turnover.

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 considered inside information pursuant to the EU Market
Abuse Regulation and is subject to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act.

EFUEL: FÅTT SEK 79M I STØTTE FOR Å BYGGE 3 HYDROGENSTASJONER I SVERIGE
Oslo (Infront TDN Direkt): Everfuel-datterselskapet Everfuel Sweden AB har fått 79 millioner svenske kroner i støtte for å bygge tre hydrogenstasjoner i Sverige.

Det fremgår av en melding torsdag.

Støtten er gitt av Energimyndigheten og dekker kostnadene ved å bygge stasjonene.

Herning, Denmark, 14 July 2022 - Everfuel is pleased to announce that its subsidiary Everfuel Sweden AB has received SEK 79 million for building three hydrogen refuelling stations in Sweden. The funding is provided by Energimyndigheten and covers the costs of constructing the stations. All stations will support fuelling for passenger vehicles as well as heavy-duty vehicles. The stations will be built around the cities Helsingborg, Luleå and Sundsvall , which offers an extensive infrastructure network along the main Swedish traffic corridors, supporting initial fuel cell fleets and strategic roll-out of hydrogen infrastructure. "With this amount of funding, our roll-out plan in Sweden has taken a great leap forward. It shows that Sweden is ready to work towards establishing and supporting a hydrogen infrastructure that can offer more zero emission opportunities for vehicle owners," says Jacob Krogsgaard, the CEO of Everfuel. The sites will be a part of Everfuel's hydrogen station roll-out plan. The Swedish network will comprise of sites developed by Everfuel and sites developed in cooperation with partners such as OKQ8. Public funding programmes and customer commitments are key elements for realising the plan which is part of Everfuel's Scandinavian green hydrogen fuelling strategy for trucks, buses and cars connecting the main traffic corridors in Sweden, Norway and Denmark. The first Everfuel station in Sweden is expected to open later this year in Trelleborg. The stations supported by Energimyndigheten must be commissioned in 2023. The short timeframe for implementation is set to secure an infrastructure that is ready to support the hydrogen powered vehicles as they grow in numbers over the coming years. For additional information, please contact Lars Jakobsen, Sales Director, Everfuel, lj@everfuel.com 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

Everfuel to support testing of Volvo hydrogen trucks
TUE, JUL 19, 2022 19:13 CET Report this content
Herning, Denmark, 19 July 2022 – Everfuel A/S is pleased to announce a collaboration with Volvo Group whereby the company will support Volvo’s recently announced testing of fuel cell trucks by supplying green hydrogen and fuelling solutions for zero emission mobility within long-haul trucking.

The Volvo fuel cell trucks will be tested in Northern Sweden and in Spain to expose the vehicles to both extremely cold and warm operating conditions. During the testing period Everfuel will provide a moveable hydrogen station to refuel the trucks at both test locations. The test period is scheduled to start in 2023.

“The collaboration with Volvo Group is highly valuable to us and we intend to do our outmost to support the commercial launch of their fuel cell trucks. We look forward to learning more about fuelling hydrogen under extreme conditions. Volvo’s decision to develop clean hydrogen-powered trucks is an important validation of how hydrogen and batteries will complement each other in the rapid transition to a future of fossil-free mobility,” says Jacob Krogsgaard, the CEO of Everfuel.

For additional information, please contact

Lars Jakobsen, Sales Director, Everfuel, lj@everfuel.com

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.