Scatec ASA: Successful placement of senior unsecured green bonds

Oslo, 5 November 2025: Scatec ASA ("Scatec") has successfully issued a NOK 1,000 million 4.25-year senior unsecured green bond issue with a coupon of 3 months NIBOR + 2.85% p.a. The net proceeds of the green bond issue shall be applied towards repayment of outstanding corporate interest-bearing debt and general corporate purposes as set out in the Green Financing Framework. The bond will extend Scatec's corporate maturity profile and enhance its financial flexibility. Scatec remains committed to continue deleveraging on corporate level, targeting NOK 4 billion in gross corporate interest-bearing debt by 2030.

Arctic Securities, DNB Carnegie, Nordea and SB1 Markets acted as Joint Lead Managers in connection with the placement of the new bond issue. An application will be made for the bonds to be listed on Oslo Børs.

For further information, please contact: Andreas Austrell, SVP IR andreas.austrell@scatec.com (https://www.globenewswire.com/Tracker?data=vQAauR21- ZmyKqEb0jDNIhZb7uhV9EWnBQHxT23AF_oqR2pmtKppLdLmhNNtCi5ZFLF2yyZfWia1i- AOBosl5QwvOxXOg9V4ElvT8Ird1tbrAkvPr-71YhYaJwDrbNm6) +47 974 38 686

About Scatec ASA:

Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term player, we develop, build, own, and operate renewable energy plants, with 6.2 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