Emeren Group Ltd — Director's Dealing 2025

Dec 30, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Emeren Group Ltd (SOL)
CIK: 0001417892
Period of Report: 2025-12-12

Reporting Person: IYER RAMNATH NARAYAN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-12	American Depositary Shares	D	2000	$2.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-12-12	Stock Option	$4.55	D	6666	Disposed	2028-12-01	American Depositary Shares (6666)	Direct
2025-12-12	Stock Option	$4.55	D	3334	Disposed	2028-12-01	American Depositary Shares (3334)	Direct

Footnotes

F1: American Depositary Shares ("ADSs") each representing ten ordinary shares of the Issuer.

F2: Disposed of pursuant to a merger agreement between the Issuer, Shurya Vitra Ltd. ("Parent"), and Emeren Holdings Ltd, a wholly owned subsidiary of Parent ("Merger Sub") (the "Merger Agreement") in exchange for gross consideration per ADS of $2.00, which was reduced by a $0.05 per ADS cancellation fee payable to the ADS depository pursuant to the terms of the deposit agreement.

F3: Represents vested stock options to purchase American Depositary Shares ("ADSs") of the Issuer, each ADS representing ten ordinary shares of the Issuer.

F4: Such options were cancelled at the effective time of the merger ("Merger") pursuant to the Merger Agreement in exchange for employee incentive awards by the surviving company of the Merger pursuant to terms and conditions to be determined by Parent.