Cavendish Hydrogen Asa · OSL:CAVEN

Cavendish Hydrogen Asa — Investor Presentation (February 2026)

20 slides from Cavendish Hydrogen Asa's investor presentation, Feb 23, 2026

  1. Slide 1: Cavendish Hydrogen Company Presentation

    Cavendish Hydrogen Company Presentation Updated – February 23, 2026

  2. Slide 2: Agenda

    1. Introduction to Cavendish Hydrogen 2. The Hydrogen Mobility Opportunity Agenda 3. A Leading Player in Hydrogen Fueling Equipment 4. Cavendish Hydrogen’s Roadmap 2

  3. Slide 3: Introduction to Cavendish Hydrogen

    CHAPT ER 1 Introduction to Cavendish Hydrogen 3

  4. Slide 4: We are in the business of ending emissions from mobility

    We are in the business of ending emissions from mobility through reliable hydrogen fueling solutions 4 4 ©2024 Cavendish – All rights reserved

  5. Slide 5: This is Cavendish Hydrogen: 20+ Years of Experience Developing Fueling Solutions

    C AVENDIS H HYD RO GEN I N S HO RT This is Cavendish Hydrogen +20 Years of Experience Developing Fueling Solutions Uniquely Positioned to Capture the Hydrogen Opportunity Geographical Presence in Key Markets +20 1.200.000 Years of legacy within Kg. Hydrogen* One of the largest hydrogen fueling Fuele

  6. Slide 6: Fueling Plays a Critical Role in the Value Chain

    I NTR ODUC TIO N TO C AV ENDI SH HY DRO GEN Fueling Plays a Critical Role in the Value Chain, Enabling Hydrogen Applications in Transport Hydrogen is compressed and cooled Hydrogen fueling is relevant for Electricity is generated from a power Electricity is used to split water (H2O) in the fueling e

  7. Slide 7: Offering Fueling Equipment and Full Scope of Services

    I NTR ODUC TIO N TO C AV ENDI SH HY DRO GEN Offering Fueling Equipment and Full Scope of Services From Project Engineering to Operation Support Services Supply Source Design and Manufacturing Hydrogen Storage Fueling Station Dispenser Project Engineering Project Management Installation Commissioning

  8. Slide 8: Cavendish Hydrogen's long history – in a young market

    I NTR ODUC TIO N TO C AV ENDI SH HY DRO GEN 2003 H2 Logic is founded in Denmark Cavendish Hydrogen’s long 2009 history – in a young market 1st 350 bar Fueling Station 2011 1st 700 bar Fueling Station 2013 1st H2Station for bus fueling 2015 Nel acquires H2 Logic 2016 2016 2nd Gen 700 bar H2Station 1s

  9. Slide 9: Executive Management Team

    I NTR ODUC TIO N TO C AV ENDI SH HY DRO GEN Executive Management Team Robert Borin Marcus Halland Peder Hykkelbjerg Michael Stefan Nils Jacob Haaning CEO CFO COO CTO CCO Siemens, MHI Vestas, Nel Align, KPMG, Nel Nel, Siemens Nel, Linde Siemens 9

  10. Slide 10: The Hydrogen Mobility Opportunity

    CHAPT ER 2 The Hydrogen Mobility Opportunity 10

  11. Slide 11: Why Hydrogen

    THI S I S CA VENDI S H H YDR OGEN Why Hydrogen 10 min No Emissions Long Driving Range Short Fueling Time Limited Grid Connection An obvious prerequisite for A well-functioning truck must Where the battery electric Battery charging a truck would all modern vehicles, making be able to drive 800 km on

  12. Slide 12: Advantages of Heavy-Duty Hydrogen Mobility

    THE H YDR OGEN MO BI LI TY O PPO RTUNITY Advantages of Heavy-Duty Hydrogen Mobility 10 min No Emissions Long Driving Range Fueling Time Grid Connection An obvious prerequisite for A well-functioning truck must Where the battery electric Battery charging a truck would all modern vehicles, making be a

  13. Slide 13: A Leading Player in Hydrogen Fueling Equipment With Real Global Experience

    CHAPT ER 3 A Leading Player in Hydrogen Fueling Equipment With Real Global Experience 13

  14. Slide 14: Experienced global organization and well-invested production facility

    I NTR ODUC TIO N TO C AV ENDI SH HY DRO GEN Experienced global organization and well-invested production Herning facility ▪ 20+ years of experience and learnings accumulated ▪ 35+ research and development professionals globally developing the next generation High Capacity fueling station ▪ 75+ paten

  15. Slide 15: Real-Time Station Monitoring & Diagnostics

    A LEADI NG PLA YER IN H YDR OGEN FUELING EQ UI PM ENT Real-Time Station Monitoring & Diagnostics 1. Remote monitoring Instant remote event-solving by hydrogen service technicians 2. Dispatching of service team If event is not solved remotely, local service technicians are sent to site Global Reach H

  16. Slide 16: Record High Volumes Dispensed during 2025

    A LEADI NG PLA YER IN H YDR OGEN FUELING EQ UI PM ENT Record High Volumes Dispensed during 2025 Highlights Dispensed Figures DISPENSED HYDROGEN ON CAVENDISH EQUIPMENT (Kg H2 dispensed) 400,000 ▪ Constantly increased volumes 350,000 during last several quarters 300,000 ▪ Driven by more stations and 2

  17. Slide 17: Hydrogen Fueling, as Fast as Diesel Is a Must

    A LEADI NG PLA YER IN H YDR OGEN FUELING EQ UI PM ENT Hydrogen Fueling, as Fast as Diesel Is a Must – An Industry-Wide Challenge Hydrogen and Energy Transfer During Fueling • End-users expect same performance Equivalent BEV charger as internal combustion engines (ICE) 8 connection would be in the 16

  18. Slide 18: Cavendish Hydrogen's Roadmap

    CHAPT ER 4 Cavendish Hydrogen’s Roadmap 18

  19. Slide 19: Developing the Next Generation Hydrogen Fueling Concept for Heavy-Duty Vehicles

    NEX T GENER ATI ON P RO DUCT R OA DM AP Developing the Next Generation Hydrogen Fueling Concept for Heavy-Duty Vehicles Current Target Values • Fueling capacity: ~260kg per hour (>3.200km range for heavy trucks) • Filling time: 65kg in 10 min (~800km in 10 min) • Dispensers: Up to 6 dispensers • Sta

  20. Slide 20: Hydrogen for Clean Mobility

    Hydrogen for Clean Mobility © Cavendish Hydrogen

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