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Alternus Energy Group

Capital/Financing Update Oct 3, 2024

8172_iss_2024-10-03_0c434a4d-c0c0-4c60-bfa3-5f14f41663e9.html

Capital/Financing Update

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Affiliate Solis Notice

Affiliate Solis Notice

Reference is made to notice of a written resolution dated 3 October issued by Solis Bond Company DAC ("Solis") a former indirect wholly owned subsidiary of Alternus Energy Group Plc (OSE: ALT) ("AEG") and of Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("ALCE"), a majority owned subsidiary of AEG regarding the approval of the transfer of Ownership in Solis (the "Notice").

AEG and Solis announces that the bondholders have voted to approve the resolutions as set forth in the Notice. Please see the attached for more information.

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