EAM Solar AS: Rights Issue – Confirmation of validity of settlement Agreement with Intesa Sanpaolo received

Reference is made to the Summons to the Annual General Meeting to be held on 17 June 2026, and the proposal under item 9. Rights Issue, section I, whereby proceeds from the Equity Issue cannot be disbursed to the Company before a confirmation of validity of the settlement agreement between EAM Solar AS and Intesa Sanpaolo is received.

EAM received such confirmation from Intesa Sanpaolo today.

Consequently, there are no longer any hindrance for the Company to receive proceeds from the equity issue and to utilise funds from the prefunding agreement to pay the agreed settlement amount of EUR 2,5 million to Intesa Sanpaolo post a positive decision by the Company's general assembly on 17 June 2026.

For further information, please contact

Erik Brandon Reisenfeld, CEO, phone +47 905 53 658, erik@eam.no

Viktor E. Jakobsen, Chair, phone +47 916 11 009, viktor@eam.no

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