Arise

M&A Activity • Jun 5, 2024

Earn-out payment for project Ranasjöand Salsjöhöjden has been agreed

Arise AB (publ) ("Arise") has entered into an agreement regarding the settlement of the earnout payment for project Ranasjö- and Salsjöhöjden. According to the agreement, the earn-out payment amounts to EUR 6.6 million which Arise is expected to receive during June 2024.

Halmstad, 5 June 2024

Arise AB (publ)

For further information, please contact:

Per-Erik Eriksson, CEO, Arise AB, +46 702 409 902

This information is information that Arise AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 5 June 2024 at 15.00 CEST.

About Arise

Arise is a leading independent company that realises new green energy. The company develops, builds, sells and manages renewable electricity production. The company is listed on Nasdaq Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone 46 (0)10 450 71 00, corporate id .no. 556274-6726. Email info@arise.se, www.arise.se