Ensurge Micropower ASA

Ensurge Micropower ASA - Cancellation of Subsequent Offering

Reference is made to the stock exchange announcement published by Ensurge

Micropower ASA (the "Company") on 5 December 2025 regarding the commencement of

the subscription period (the "Subscription Period") in the subsequent offering

(the "Subsequent Offering") consisting of up to 22,222,222 new shares at a

subscription price of NOK 0.90 per share ("Offer Shares") equal to the

subscription price in the private placement announced on 9 November 2025 (the

"Private Placement").

The Board of Directors of the Company has resolved to cancel the Subsequent

Offering.

The shares have traded below the subscription price in the Subsequent Offering

for a substantial period and at sufficient volumes, which means that

shareholders wishing to reduce the dilutive effect of the Private Placement have

therefore had the opportunity to purchase shares in the market at prices below

the price which would have been the subscription price in the Subsequent

Offering.

About Ensurge Micropower:

Ensurge (www.ensurge.com) powers the future of AI-enabled devices with advanced

microbattery technology that delivers unmatched performance and safety. From its

base in San Jose, California, the Company's team of battery specialists have

pioneered thin-film batteries produced on high-precision roll-to-roll production

processes. These innovations enable new possibilities in form-factor-constrained

applications across consumer, medical, and industrial markets. Ensurge partners

with leading global customers to accelerate their products to market and is

listed on the Oslo Stock Exchange. For more news and information on Ensurge,

please visit https://www.ensurge.com/news-room.

For more information, please contact:

Shauna McIntyre - Chief Executive Officer

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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