Alternus Energy Group

Capital/Financing Update • Mar 2, 2022

Successful Tap Issue

Successful Tap Issue

Reference is made to the stock exchange notice dated 1 March 2022. Alternus Energy Group’s wholly owned subsidiary, Solis Bond Company DAC (OSE: SBCDAC01 ESG) has today successfully completed a tap issue of EUR 10 under its 3-year senior secured bond issue (ISIN: NO0010914914).

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

For more information, please contact Vincent Browne, Chairman and CEO on:

E: vb@alternusenergy.com

T: +353 86 402 9994

This press release is neither an offer to sell nor a solicitation of an offer to buy any of the bonds or any other security of Alternus Energy Group Plc. The bonds have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act), or any state securities laws. Unless so registered, the bonds may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.