Alternus Energy Group — Capital/Financing Update 2021

Nov 3, 2021

Successful Bond Tap Issue

Successful Bond Tap Issue

Oslo, 3 November 2021 - Reference is made to the stock exchange notice dated 2 November 2021. Solis Bond Company DAC, Alternus Energy Group Plc’s wholly owned subsidiary, has today successfully completed a tap issue of EUR 20 million under its 3-year senior secured green bond issue (ISIN: NO0010914914).

The tap was completed at an issue price of 102% of par value, corresponding to a yield of 5.5% and a spread of approximately 608 bps. Settlement of the tap issue is expected to take place on 12 November 2021.

Arctic Securities AS acted as financial adviser and sole bookrunner in connection with the tap issue.

For more information, please contact Joseph Duey, CFO on:

E: jd@alternusenergy.com

T: +1 704 519 6723