Energeia AS

Declaration of Voting Results & Voting Rights Announcements • Jun 25, 2025

Energeia AS – Final result in the subsequent offering

Energeia AS – Final result in the subsequent offering

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Oslo, 25 June 2025:

Reference is made to the stock exchange announcement published by Energeia AS (the "Company") on 24 June 2025, regarding the last day of the subscription period in the subsequent offering (the "Subsequent Offering") of up to 108,274,086 new shares in the Company ("Offer Shares"), each at a subscription price of NOK 0.02 per share, raising gross proceeds of up to NOK 2,165,482.

The subscription period for the Subsequent Repair Offering expired yesterday, 24 June 2025, at 16:30 CEST.

By the end of the subscription period, the Company had received valid subscriptions for 70,765,068 Offer Shares in the Subsequent Offering, from 100 subscribers.

The board of directors of the Company has today, on 25 June 2025, resolved to allocate and issue a total of 70,765,098 Offer Shares in accordance with the allocation principles set out in the extraordinary general meeting's resolution and as included in the prospectus pertaining to the Subsequent Offering dated 12 June 2025 (the "Prospectus").

The Company will consequently raise NOK 1,415,301.36 in gross proceeds through the Subsequent Offering.

Notifications of allocated Offer Shares in the Subsequent Repair Offering and the corresponding subscription amount to be paid by each subscriber are expected to be distributed today, on 25 June 2025. In accordance with the payment procedures set out in the Prospectus, the payment is expected to be debited on 30 June 2025. Payment for the allocated Offer Shares must be available on the specific bank account on the business day prior to 30 June 2025, i.e., 27 June 2025. Subject to timely payment of the Offer Shares by the subscribers, the share capital increase pertaining to the Subsequent Offering is expected to be registered in the Norwegian Register of Business Enterprises ("NRBE") on or about 3 July 2025.

The Offer Shares will be registered in the Norwegian central securities depository, Euronext Securities Oslo ("VPS") in book-entry form and are expected to be delivered to the subscribers’ VPS account on or about 4 July 2025 subject to timely registration of the share capital increase pertaining to the Subsequent Offering with the NRBE. First day of trading of the Offer Shares on Euronext Growth Oslo is expected to be on or about 4 July 2025.

Following completion of the Subsequent Offering, the Company's share capital will be NOK 23,799,607.60 divided into 1,189,980,380 shares, each with a nominal value of NOK 0.02. The Company will publish a separate stock exchange announcement once the share capital increase has been registered with the NRBE.

Share capital decrease by reduction of nominal value per share

As indicated in the notice of the annual general meeting to be held on 27 June 2025, the Board of Directors has proposed to reduce the nominal value of the share from NOK 0.02 to NOK 0.01. Following the completion of the Subsequent Offering as described above, the Board of Directors proposes that the Company's share capital shall be reduced by NOK 11,899,803.80 by reduction of the nominal value per share to NOK 0.01.

For further information, please contact:

Jarl Egil Markussen, CEO, e-mail: jarl@energeia.no and tel: +47 480 23 214

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.