Greenvolt Energias Renovaveis

Share Issue/Capital Change • Jul 26, 2021

GREENVOLT – ENERGIAS RENOVÁVEIS, S.A. Public Company

Registered office: Rua Manuel Pinto de Azevedo 818, 4100-320 Oporto, Portugal Fully subscribed and paid-up share capital: €247,599,998.75 Registered at the Commercial Registry Office of Lisbon under the sole registration and taxpayer number 506 042 715

ANNOUNCEMENT

Greenvolt – Energias Renováveis, S.A. ("Greenvolt"), by reference to the private offering of shares representing its share capital, carried out within the scope of a capital increase operation whose subscription is addressed to qualified investors, as described in the prospectus relating to the admission to trading of Greenvolt shares in Euronext Lisbon's regulated market, managed by Euronext Lisbon – Sociedade Gestora de Mercados Regulamentados, S.A., approved by the Portuguese Securities Market Commission on July 1, 2021 and disclosed on July 2, 2021, as amended by the addendum approved by the Portuguese Securities Market Commission and disclosed on July 6, 2021 (collectively, "Prospectus"), accessible at www.greenvolt.pt and www.cmvm.pt, informs that, in accordance with the terms detailed under the Prospectus and as agreed pursuant to the Underwriting Agreement entered into on July 1, 2021, the Joint Global Coordinators have, for and on behalf of the Managers, exercised the Greenshoe Option in full today, July 26, 2021, calling for the issuance by Greenvolt of 4,588,235 additional Shares at €4.25 per Share (the "Option New Shares").

In accordance, Greenvolt further informs that will, within the next five business days, resolve on the corresponding share capital increase of €19,499,998.75, by issuing the Option New Shares at the abovementioned price per Share, as well as carry out any acts deemed necessary to such effect.

Oporto, July 26, 2021

By Greenvolt – Energias Renováveis, S.A.