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Arise

Related Party Transaction Sep 27, 2023

3135_rns_2023-09-27_c1f74cfa-cac1-45fe-9bee-0fc64a08d8ca.pdf

Related Party Transaction

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Earn-out payment for project Skaftåsen has been agreed

Arise AB (publ) ("Arise") has entered into an agreement regarding the settlement of the earnout payment for project Skaftåsen. According to the agreement, the earn-out payment amounts to EUR 6.4 million which Arise is expected to receive during September 2023

Halmstad, 27 September 2023

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 27 September 2023 at 16.20 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 [email protected], www.arise.se

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