Greenvolt Energias Renovaveis

Major Shareholding Notification • Apr 10, 2024

GREENVOLT – ENERGIAS RENOVÁVEIS, S.A.

Registered office: Rua Manuel Pinto de Azevedo 818, 4100-320 Porto, Portugal Fully subscribed and paid-up share capital: €367,094,274.62 Registered at the Commercial Registry Office of Lisbon under the sole registration and taxpayer number 506 042 715

ANNOUNCEMENT

Greenvolt – Energias Renováveis, S.A., hereby informs, under the terms and for the purposes of article 17 (1) of the Portuguese Securities Code, that it has received, on the present date, a notice pertaining to qualified shareholding from Gamma Lux Holdco S.à.r.l., as hereto attached.

Lisbon, April 9, 2024 The Securities Markets Liaison Representative

ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: GREENVOLT - ENERGIAS RENOVÁVEIS, S.A., with registered office at Rua Luciana Stegagno Picchio, nº 3, 1549-023 Lisbon, under the single registration and incorporation number 506 042 715 and with the LEI 549300ZSZ6VJXXCVUM49.

2. Reason for the notification (please tick the appropriate box or boxes):

[ ] An acquisition or disposal of voting rights

[x] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name: Gamma Lux Holdco S.à.r.l. City and country of registered office (if applicable): Luxembourg, Grand Duchy of Luxembourg

4. Full name of shareholder(s) (if different from 3.)v : MEDIOBANCA - Banca di Credito Finanziario, S.p.A.

5. Date on which the threshold was crossed or reachedvi

08 April 2024

6. Total positions of person(s) subject to the notification obligation:

	% of voting rights at tached to shares (to tal of 7.A)	% of voting rights through financial instru ments (total of 7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of voting rights of is suervii
Resulting situation on the date on which threshold was crossed or reached		13,28%	13,28%	18,475,167
Position of previous notification (if appli cable)		0%	0%

7. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type of shares ISIN code (if possi ble)	Number of voting rightsix		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)
SUBTOTAL A

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
Type of financial in strument	Expiration datex	Exercise/ Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exer cised/ converted.	% of voting rights
		SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC
Type of financial instrument	Expiration datex	Exercise/ Conversion Pe riod x i	Physical or cash settlementxii	Number of voting rights	% of voting rights
Swap	30 June 2025	Until 30 June 2025	Both	18,475,167	13,28%
			SUBTOTAL B.2	18,475,167	13,28%

8. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial in struments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
KKR & Co. Inc.		18,475,167	13,28%
Kohlberg Kravis Roberts & Co. L.P.		18,475,167	13,28%
KKR Global Infrastruc ture Investors IV (USD) SCSp		18,475,167	13,28%
KKR GV Investor Aggre gator GP LLC		18,475,167	13,28%
KKR GV Investor Aggre gator L.P.		18,475,167	13,28%
Gamma Lux Aggregator S.à r.l.		18,475,167	13,28%
Gamma Lux TopCo S.à r.l.		18,475,167	13,28%

9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date] N/A.

10. Additional informationxvi:

This disclosure being made in the context of a share swap transaction executed by Gamma Lux Holdco S.à.r.l. and MEDIOBANCA - Banca di Credito Finanziario, S.p.A ("Mediobanca") in relation to ordinary shares of GREENVOLT - ENERGIAS RENOVÁVEIS, S.A. ("Greenvolt") as per public disclosure made by Greenvolt on 05 April 2024 (the "Swap").

Considering the terms and conditions of the Swap, the voting rights related to Greenvolt's shares acquired by Mediobanca under the Swap will be attributable to Gamma Lux Holdco S.à.r.l. pursuant to article 20(1), paragraphs (c) and (e) of the Portuguese Securities Code.

Done at Luxembourg on 09 April 2024.

Annex: Notification of major holdings (only to be filed with competent authority and not with the relevant issuer)

A: Identity of the person subject to the notification obligation

Full name (including legal form for legal entities) Gamma Lux Holdco S.à.r.l.

Contact address (registered office for legal entities)2, rue Edward Steichen, L-2540 Luxembourg

E-Mail Nicolas.Weber@GV-Investors.lu

Phone number / Fax number Phone: (+352) 276 139 54 - 653 Fax: (+352) 276 139 54 - 190

Other useful information (at least a contact person for legal persons) Mr. Nicolas Weber

B: Identity of the notifier, if applicable Full name Contact address E-Mail Phone number / Fax number Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information: