Scatec ASA

Board/Management Information • Mar 26, 2024

Scatec ASA: Jørgen Kildahl proposed as Chair of the Board, John Andersen steps down

Scatec ASA: Jørgen Kildahl proposed as Chair of the Board, John Andersen steps down

26 March 2024, Oslo: Scatec ASA's Nomination Committee has proposed Jørgen

Kildahl to be appointed Chair of the Board at the Annual General Meeting (AGM)

2024, after long-serving Chair John Andersen has notified the Committee that he

has decided to step down.

John Andersen will remain Chair until the AGM, which will be held on 18 April.

Jørgen Kildahl joined Scatec's Board in 2021 and has been a member of the Audit

and Sustainability Committee. He has extensive leadership experience from the

energy sector, including five years as EVP in E.ON SE and 11 years in Statkraft

AS, whereof six years as CEO of Statkraft Energi AS. He has also served on the

boards of Ørsted AS and Telenor.

John Andersen said: "After 10 years as Chair, I have decided not to stand for

re-election. It has been a privilege to lead the company as Chair, working

closely with the other Board members and management. Jørgen Kildahl is a

seasoned board executive and industry expert with a passion for Scatec. He is

supported by a Board that possesses strong industrial and financial competence,

and the company will be in good hands going forward."

The Nomination Committee also proposes re-election for a two-year term for Maria

Moræus Hanssen, Espen Gundersen and Mette Krogsrud of the Scatec ASA Board,

while Gisele Marchand has decided to step down, after seven years in the Board,

with effect from the AGM. The Nomination Committee proposes to elect Maria

Tallaksen and Pål Kildemo as new Board members, each for a two-year term. Morten

Henriksen is elected until 2025 and will continue in his board role. Please

refer to the company's web site for the full details on the proposals from the

Nomination Committee, including the profiles of the new Board members.

Contact:

* Investor Relations: Andreas Austrell, VP IR, +47 974 38 686,

andreas.austrell@scatec.com (mailto:andreas.austrell@scatec.com)

* Media: Meera Bhatia, SVP External Affairs & Communications, +47 468 44 959,

meera.bhatia@scatec.com (mailto:meera.bhatia@scatec.com)

* Chair of the Board John Andersen, +47 90 17 40 80

* Chair of the Nomination Committee, Kristine Ryssdal,

kristine.ryssdal@yara.com (mailto:kristine.ryssdal@yara.com)

About Scatec

Scatec is a leading renewable energy solutions provider, accelerating access to

reliable and affordable clean energy emerging markets. As a long-term player, we

develop, build, own, and operate renewable energy plants, with 4.6 GW in

operation and under construction across four continents today. We are committed

to grow our renewable energy capacity, delivered by our passionate employees and

partners who are driven by a common vision of 'Improving our Future'. Scatec is

headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the

ticker symbol 'SCATC'. To learn more, visit www.scatec.com

(https://scatec.com/) or connect with us on LinkedIn

(https://www.linkedin.com/company/scatec).

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act