MPC Energy Solutions N.V. — Earnings Release 2025

Feb 27, 2026

MPC Energy Solutions publishes its preliminary results for FY2025

MPC Energy Solutions publishes its preliminary results for FY2025

Amsterdam/Oslo -- 27 February 2026 -- MPC Energy Solutions ("MPCES",

"Company") published its preliminary, unaudited results for financial year

2025 today.

Improved Operating Margins, Lower Overhead Costs, Increased Free Cash

The Company's portfolio generated 113 GWh of clean and affordable energy in

2025, a decrease of 3% compared to 2024 (2024: 116 GWh). On a like-for-like

basis, i.e. excluding the projects sold in December 2024 and September 2025,

respectively, energy output increased from 94 GWh to 97 GWh (+3%)

year-over-year.

Full-year proportionate revenues for 2025 were USD 11.6 million (2024: USD

12.8 million). On a like-for-like basis, proportionate revenues increased from

USD 10.3 million in 2024 to USD 10.6 million in 2025 (+3%).

MPCES reported proportionate earnings before interest, taxes, depreciation and

amortization (EBITDA) of USD 8.6 million (2024: USD 7.9 million). The

like-for-like comparison saw EBITDA increase to USD 8.0 million, a plus of 17%

year-over-year (2024: USD 6.9 million). Consequently, the operating margin

improved from 62% (2024) to 75% (2025), and from 67% (2024) to 76% (2026) on a

like-for-like basis.

The Company also reported that its full-year overhead expenses were down 11%

year-over-year. And, following divestments made throughout the year and

especially during the third quarter of 2025, MPCES improved its free cash

position to USD 9.0 million as of 31 December 2025 (31 December 2024: USD 4.2

million).

The audited financial statements of the Company will be published on 28 April

MPC Energy Solutions -- Invitation to webcast

A webcast for the investment community will be held today, 27 February 2026,

at 14:00 CET. There will be a brief Q&A session after the presentation, and a

recording and written transcript of the webcast will be published on the

Company's website afterwards.

The presentation to be reviewed during the conference call and webcast will be

available on our website before the webcast begins:

https://www.mpc-energysolutions.com/investors/reports-presentations

Webcast information:

Date: 27 February 2026

Time: 14:00 CET

Duration: approx. 15 minutes incl. Q&A

The live webcast can be accessed through the following link:

https://hca.videosync.fi/2026-02-27-mpces/register

For further information, please contact ir@mpc-energysolutions.com.

[END OF RELEASE]

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About MPC Energy Solutions

MPC Energy Solutions ("MPCES") develops, builds, owns and operates renewable

energy assets, focusing on utility-scale solar photovoltaics (PV) in Central

America. More details at www.mpc-energysolutions.com

(http://www.mpc-energysolutions.com/)

Media contacts

MPC Energy Solutions N.V.

Investor Relations & Public Relations

Email: ir@mpc-energysolutions.com

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act and the Market Abuse Regulation

(MAR).