HORIZON FUEL CELL TECHNOLOGIES PTE LTD - 27 Dec 2022 Form 4 Insider Report for Hyzon Motors Inc.

Role: 10%+ Owner
Signature: /s/ Gu Zhijun (George), Chairman
Issuer symbol: N/A
Transactions as of: 27 Dec 2022
Net transactions value: -$6,446,002
Form type: 4
Filing time: 30 Dec 2022, 10:05:49 UTC
Previous filing: 26 Jul 2021
Next filing: 22 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HYZN	Class A Common Stock, par value $0.0001 per share	Sale	$6,446,002	-3,769,592	-2.4%	$1.71	151,869,414	27 Dec 2022	By Hymas Pte. Ltd.	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Hymas Pte. Ltd. ("Hymas") is 79.62% owned indirectly by the reporting person, through its subsidiaries, including Jiangsu Qingneng New Energy Technologies Co., Ltd. ("JS-Horizon") and Horizon Fuel Cell Technology Ltd. ("HFCT HK"). The reporting person may be deemed to beneficially own the shares of Class A common stock of the Issuer by reason of its ownership of the voting securities of JS-Horizon, JS-Horizon's ownership of the voting securities of HFCT HK, and HFCT HK's ownership of the voting securities of Hymas. The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein.

Content

Hymas Pte. Ltd. ("Hymas") is 79.62% owned indirectly by the reporting person, through its subsidiaries, including Jiangsu Qingneng New Energy Technologies Co., Ltd. ("JS-Horizon") and Horizon Fuel Cell Technology Ltd. ("HFCT HK"). The reporting person may be deemed to beneficially own the shares of Class A common stock of the Issuer by reason of its ownership of the voting securities of JS-Horizon, JS-Horizon's ownership of the voting securities of HFCT HK, and HFCT HK's ownership of the voting securities of Hymas. The reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein.