This report (hereinafter the “Report") was prepared by Deloitte Finance, an entity of the Deloitte network, at the request of “Agora Think Tanks gGmbH” according to the scope and limitations set out below. The Report was prepared solely to present a study Assessing the impact of the EU’s low-carbon hydrogen regulation. It must not be used for any other purpose or in any other context. Deloitte Finance accepts no liability in the event of improper use