Scatec ASA - Audit Report / Information 2024

Scatec publishes Annual Integrated Report 2024

Oslo, 01 April 2025: The Board of Directors of Scatec ASA has approved the

annual accounts for 2024, and the 2024 Annual Integrated Report has been

published today.

"2024 has been a year of significant positive development for Scatec. We have

delivered good financial performance across all segments, built an attractive

growth portfolio for the next few years, continued to optimize our portfolio and

deleveraged on corporate level. Renewables have become more competitive during

the year, improving the market potential for Scatec going forward," says Scatec

CEO, Terje Pilskog.

The 2024 Integrated Annual Report includes the EU Taxonomy disclosure and

Sustainability Statements, prepared in accordance with the EU Corporate

Sustainability Reporting Directive (CSRD) and European Sustainability Reporting

Standards (ESRS).

The Executive Remuneration Report and the Green Finance Report are disclosed

separately. The disclosures are available on Scatec's website:

https://scatec.com/investor/events-presentations/

For further information, please contact:

For analysts and investors:

Andreas Austrell, SVP IR

+47 974 38 686

About Scatec

Scatec is a leading renewable energy solutions provider, accelerating access to

reliable and affordable clean energy emerging markets. As a long-term player, we

develop, build, own, and operate renewable energy plants, with 4.8 GW in

operation and under construction across five continents today. We are committed

to grow our renewable energy capacity, delivered by our passionate employees and

partners who are driven by a common vision of 'Improving our Future'. Scatec is

headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the

ticker symbol 'SCATC'. To learn more, visit www.scatec.com or connect with us on

LinkedIn.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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