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Exclusive right to participate in subsequent offering

Published Feb 16, 2024

Reference is made to the stock exchange announcement published by Norsk Renewables AS (the "Company") on 15 February 2024 regarding key information and a potential subsequent offering in the Company. The shares in the Company will be traded exclusive of the right to participate in the subsequent offering from and including today, 16 February 2024

Norsk Renewables AS – Ex. right to participate in subsequent offering.

Oslo, 16 February 2024: Reference is made to the Reference is made to the stock exchange announcement published by Norsk Renewables AS (the "Company") on 15 February 2024 regarding key information and a potential subsequent offering in the Company. The shares in the Company will be traded exclusive of the right to participate in the subsequent offering from and including today, 16 February 2024.

For further information, please contact:

Ingrid Sara Grimstad Amundsgård

EVP Sustainability, HSE, Communications & Investor Relations

ingrid.sara@norskrenewables.com

+ 47 90135533

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

About the company: Norsk Renewables is a vertically integrated independent power producer with approximately 100 MW of solar power in operation or under construction, combined with a 1 GW secured portfolio under development. Expanding commercial offerings with wind and storage projects is in line with the company`s strategy to replace consumers' energy consumption with 100% renewable power.

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