Akhmerov’s request for seizure dismissed by Oslo District Court

On 29 September 2025, EAM informed the market that Igor Akhmerov had, once again, brought a request for injunction against EAM in Oslo. EAM noted the suspicious timing of this request.

On 16 January 2026, the sole hearing took place in the Oslo District Court on this matter. Today EAM has received the decision of the court.

The judge has dismissed Mr. Akhmerov’s request and ordered Mr. Akhmerov to pay to EAM NOK 231 400 for legal fees. The Court did not feel that Akhmerov’s case was sufficiently grounded or documented. The Court also questioned Akhmerov’s motives, writing:

“The court also shares EAM's view that the seizure requests were filed at times that indicate that Akhmerov is not primarily seeking to secure his alleged claim, but rather to thwart EAM's attempts to raise capital.”

The company remains available for questions or clarifications. For further information, please contact:

Erik Brandon Reisenfeld, CEO, phone +479055 3658, erik@eam.no Viktor E Jakobsen, Chair, phone +47 9161 1009, viktor@eam.no This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.