Ensurge Micropower ASA - Subscription Rights Exercise

Ensurge Micropower ASA (the "Company") has received notice of exercise of in total 794,000 vested incentive subscription rights from employees of the Company or its subsidiary.

The vested incentive subscription rights were granted under the Company's 2023 Subscription Rights Incentive Plan. The subscription rights have an exercise price per share of NOK 0.50.

The Board has resolved to approve such exercise and the resulting issuance of 794,000 new shares in the Company. Upon registration of the share capital increase associated with the exercise of incentive subscription rights in the Norwegian Register of Business Enterprises, the Company's share capital will be NOK 486,049,851.50 divided into 972,099,703 shares, each having a par value of NOK 0.50.

For further information, please contact: ir@ensurge.com.

About: Ensurge Micropower ASA Ensurge Micropower develops ultra-thin, flexible solid-state lithium microbatteries that enable next-generation electronic devices. The company's proprietary platform is designed to deliver safe, high-performance energy storage in space-constrained applications across medical devices, hearables, wearables, industrial systems, and defense. Ensurge Micropower ASA is listed on the Oslo Stock Exchange under the ticker ENSU.

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