Ebusco Holding N.V.

Regulatory Filings • Sep 16, 2022

Ebusco significantly expands footprint in Norway 76 Ebusco 3.0 buses to operate for Nobina in Oslo

Deurne, 16 September 2022 – Ebusco (Euronext: EBUS), a pioneer and frontrunner in the development of electric buses and charging systems, has signed a contract with Nobina for 76 Ebusco 3.0 buses. The delivery of these buses is planned for end 2023. With this contract, Ebusco significantly strengthens its position in Norway.

Nobina, the largest Public Transport Operator in the Nordic region, is a repeat customer for Ebusco. This Norwegian order consists of 22 Ebusco 3.0 12-metre buses and 54 Ebusco 3.0 18-metre buses. By adding these 76 buses, the total number of Ebusco buses in the Nobina fleet will be 176. For Nobina, this is the first time that they will be using Ebusco buses in Norway; the previous orders were all for Denmark.

The 76 Ebusco 3.0 buses will be used for the Public Transport Authority Ruter in Norway and will operate in and around Oslo.

Jens Råsten, Fleet Manager at the Nobina Group comments "As the largest public transport operator with largest fleet of electric buses in the Nordic region, we take great interest in the development of new sustainable buses, technology, and materials from Ebusco. Also, in Ebusco's enhanced European production capabilities for our passengers and PTA´s in the Nordic region."

Peter Bijvelds, CEO of Ebusco comments: "In 2014, when Ebusco was just starting out, Norway already showed concrete interest and dared to strengthen its ambitions around sustainability by investing in electric buses. It is great to see that in line with our growth ambitions we are now signing a substantial contract for the supply of our buses with our repeat customer Nobina."

www.ebusco.com

Björn Krook Investor Relations & Sustainability manager Tel: +31 (0)88 1100 200 pr@ebusco.com

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About Ebusco

Ebusco is a developer, manufacturer, and distributor of zero emission buses and charging systems as well as a supplier of ancillary products and services to the electric vehicle ecosystem. As an innovative frontrunner in the development of electric buses, its mission is to contribute to a better living environment by driving the transition to zero emission public transportation.

Ebusco's buses currently operate in multiple countries in Europe, including in major cities such as Amsterdam, Frankfurt, and Munich. Ebusco was founded in 2012 and had a workforce of 418 full-time employees as at 30 June 2022. The company is headquartered in Deurne, the Netherlands and has, next to its production facilities in Deurne, a third-party facility in Xiamen, China.

Since 22 October 2021 Ebusco is listed on Euronext Amsterdam.

For more information: www.ebusco.com