EAM Solar AS: Final results of the NOK 20 million rights issue

Reference is made to the previous stock exchange announcements published byEAMSolar AS (the "Company") regarding the rights issue of up to NOK 20 000 000newshares in the Company (the "Offer Shares"), each with a nominal value of NOK1.0at a subscription price of 1.0 per Offer Share (the "Subscription Price"), toraise gross proceeds of up to NOK 20 million (the "Rights Issue").

The subscription period for the Rights Issue (the "Subscription Period")expired27 October 2025 at 16:30 hours (CET). At the expiry of the subscription periodin the Rights Issue, the Company had received subscriptions for a total of12,671,240 Offer Shares.

The Board of Directors of the Company has now approved the final allocation ofthe Offer Shares in the Rights Issue which has now been completed based on theallocation criteria set out in national prospectus dated 3 October 2025preparedby the Company in connection with the Rights Issue (including any supplementalprospectus, hereinafter the "Prospectus").

Notification of allocated Offer Shares and the corresponding subscriptionamountto be paid by each subscriber is expected to be made available in the VPS onorabout 28 October 2025.

Payment for the allocated Offer Shares falls due on 30 October 2025 inaccordance with the payment procedures described in the Prospectus.

The Offer Shares may not be transferred or traded before they have been fullypaid and the share capital increase pertaining to the Rights Issue has beenregistered with the Norwegian Register of Business Enterprises (the "NRBE").Subject to timely payment of the aggregate subscription amount in the RightsIssue, it is expected that the share capital increase will be registered intheNRBE on or about 4 November 2025.

The Offer Shares are expected to be delivered to the VPS accounts of thesubscribers and admitted to trading on Euronext Growth Oslo on or about 4November 2025.

https://newsweb.oslobors.no/message/658075