GAUSSIN and HRS announce arecord strategic partnership Including the supply by HRS of 36 hydrogen stations by 2026

GAUSSIN and HRS announce arecord strategic partnership

Including the supply by HRSof 36 hydrogen stations by 2026

HRS undertakes to subscribeto a capital increase of GAUSSIN

up to 7 million euros

GAUSSIN (EURONEXT GROWTH : ALGAU - FR0013495298), pioneer of clean andsmart freight transport, and HRS – Hydrogen-Refueling-Solutions (EURONEXT GROWTH ALHRS FR0014001PM5), Europeandesigner and manufacturer of hydrogen refueling stations, announce thesigning today of a term-sheet to implement an exclusive partnership, on theterritory of the Member States of the European Union, for the supply of 36 HRS hydrogenstations between 2021 and 2026, intended to support the rollout of turnkeyhydrogen mobility solutions for GAUSSIN, for on-road and off-roadapplications.

On the occasion of this operation, HRS has undertaken to subscribeto a capital increase of GAUSSIN for a total of €7 million in cash, atthe unit subscription price of €6.20 for new shares.

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