EAM Solar

Share Issue/Capital Change • Oct 14, 2025

EAM Solar: Last day of trading in subscription rights

EAM Solar: Last day of trading in subscription rights

Reference is made to the previous stock exchange announcements published by EAM Solar AS (the "Company") regarding the rights issue of up to 20 000 000 shares in the Company (the "Offer Shares"), at a subscription price of NOK 1.0 per Offer Share, to raise gross proceeds of NOK 20 million (the "Rights Issue").

The trading period in subscription rights in the Rights Issue expires today, 14 October 2025 at 16:30 hours (CEST).

The subscription period for the Rights Issue (the "Subscription Period") expires on 20 October 2025 16:30 (CEST).

Subscription rights that are not used to subscribe for Offer Shares before the expiry of the Subscription Period on 20 October 2025 at 16:30 hours (CEST) or not sold before close of trading today, 14 October 2025 at 16:30 hours (CEST), will have no value and will lapse without compensation to the holder upon expiry of the Subscription Period.

The Rights Issue is conditional upon that the company raises at least NOK 7,649,740 in the Rights Issue. If it becomes clear that the condition mentioned above will not be fulfilled, the Rights Issue will be withdrawn. Furthermore, the Rights Issue may be withdrawn, or the implementation of the Rights Issue may be delayed, if the total subscription amount for the Offer Shares is not received by the Company in time or at all.

If the Rights Issue is withdrawn, all Subscription Rights will lapse without value, any subscriptions for, and allocations of, Offer Shares that have been made will be disregarded and any payments for Offer Shares that have been made will be returned to the subscribers without interest or other compensation. The lapse of Subscription Rights will be without affecting the validity of any trades in Subscription Rights, and investors will not receive any refund or compensation with respect to Subscription Rights purchased in the market.

For more information, and the complete terms and conditions of the Rights Issue, please refer to the prospectus dated 3 October 2025 (the "Prospectus"). The Prospectus is, subject to local securities laws, available at the website of the settlement agent Norne Securities AS: www.norne.no/EAM

This information is published in accordance with the requirements of the Continuing Obligations.