In addition, Mitsui has entered into a deeper strategic alliance with the Company and has signed the MoU whereby Mitsui intends to participate as an anchor investor in future capital raises for the years to come and become a long-term significant minority shareholder in the Company. Mitsui has subscribed for, and will receive allocation of, NOK 500 million in the Convertible Bond Private Placement. With respect to Barclays, references herein to the Offering shall mean the Equity Private Placement only. The Company has also engaged ABGSC, Barclays Bank Ireland PLC (“ Barclays”) and BNP Paribas as joint global coordinators and joint bookrunners in the Equity Private Placement (jointly the “ Joint Global Coordinators”). The Company has engaged ABG Sundal Collier (“ ABGSC”) and BNP PARIBAS (“ BNP Paribas”) as joint managers and bookrunners on the Convertible Bond Private Placement and as financial advisers on the Mitsui strategic investment (jointly the “ Managers”). The Company is today launching a contemplated offering of i) convertible bonds (the “ Convertible Bonds”) to raise gross proceeds of NOK 700-800 million (the “ Convertible Bond Private Placement“) and ii) new shares in the Company (the “ Offer Shares“) in a private placement to raise gross proceeds of approximately NOK 350-450 million (the “ Equity Private Placement”, and together with the Convertible Bond Private Placement, the “ Offering”). (“ Mitsui”) of NOK 500 million and a Memorandum of Understanding (the “ MoU”) for additional investments of up to NOK 1,500 million in the coming years, making Mitsui a long-term strategic partner and over time a significant minority shareholder in Hexagon Purus. ( Oslo, Norway) Hexagon Purus ASA (“ Hexagon Purus” or the “ Company”) is announcing an investment by Mitsui & Co., Ltd.

Hexagon puris