Ebusco Holding N.V.

Pre-Annual General Meeting Information • Dec 18, 2023

Ebusco convenes Extraordinary General Meeting

Deurne, 18 December 2023 – Ebusco Holding N.V. (Ebusco or the Company, Euronext: EBUS), a pioneer and frontrunner in the development of electric buses and charging systems, today announces it will hold an Extraordinary General Meeting (EGM) on 29 January 2024.

As announced in separate press releases on 13 December 2023 and 14 December 2023, the Company has launched a comprehensive package which comprises an accelerated bookbuild offering of newly issued ordinary shares, and a placement of a private convertible bond to an entity managed by Heights Capital Management, Inc. ("Heights"). In respect of the convertible bond placement, the Company has entered into a binding agreement with Heights for an amortising convertible bond financing which will be maturing in December 2026 (the "Convertible Bond").

Ebusco today announces it will hold an Extraordinary General Meeting on 29 January 2024 to request shareholder approvals to designate the Company's management board for a period of 18 months following the date of the EGM as the competent body to issue Shares and grant rights to subscribe for Shares and exclude pre-emptive rights relating thereto for purposes of the Convertible Bond. The convocation and related documents are available via the website.

Peter Bijvelds Holding Erp B.V., VDVI B.V., ING Corporate Investments Participaties B.V. and Teslin Participaties Coöperatief U.A. (the "Pre-Committed Investors") have irrevocably committed to vote in favour of the requisite EGM resolution, with the Pre-Committed Investors representing a majority of the shareholder base.

About Ebusco

Ebusco is a developer, manufacturer, and distributor of zero emission buses and charging systems as well as a supplier of ancillary products and services to the electric vehicle ecosystem. As an innovative frontrunner in the development of electric buses, its mission is to contribute to a better living environment by driving the transition to zero emission public transportation.

Ebusco's buses currently operate in multiple countries in Europe, including in major cities such as Amsterdam, Berlin, and Munich. Ebusco was founded in 2012 and had a workforce of 809 full-time employees as at 30 June 2023. The company is headquartered in Deurne, the Netherlands.

Since 22 October 2021 Ebusco is listed on Euronext Amsterdam.

For more information: www.ebusco.com

Lisa van Tartwijk Communications & PR Officer Tel: +31 88 110 02 23 pr@ebusco.com

This press release contains inside information within the meaning of Article 7(1) of the European Market Abuse Regulation (MAR). This press release was distributed at 7:30 am on December 18, 2023.