Ensurge Micropower strengthens leadership and sharpens focus to accelerate solid-state battery commercialization

San Jose, California / Oslo, February 3, 2026

Ensurge Micropower ASA (OSE: ENSU) today announces key leadership appointments and a strategic restructuring to sharpen its focus on product-led execution and accelerate the commercialization of its solid-state lithium microbattery technology. The restructuring is expected to deliver annual cost savings of more than USD 2 million.

Shift to a product-led operating model

Ensurge is transitioning from a historically process- and manufacturing-centric organization to a product-led operating model that focuses resources on battery product development, customer-driven validation, and application readiness. This enables the company to operate with a lower cost base while improving alignment between technology development and commercial demand.

Focused execution on solid-state battery products

The company is sharpening its focus on delivering highly differentiated solid-state battery solutions tailored to specific customer requirements. Ensurge's proprietary technology platform is designed to address safety-critical, space-constrained applications across hearables, wearables, medical devices, industrial applications, and defense. These application areas represent a rapidly expanding global market, driven by strong structural growth in miniaturization, safety requirements and demand for high-performance energy storage in constrained form factors. “We are making a necessary and strategic choice to prioritize solid-state product development and customer-driven validation over the historical emphasis on process and manufacturing optimization.” “This difficult decision affects talented employees, but it is necessary to position Ensurge for commercial success”, said Shauna McIntyre, CEO of Ensurge Micropower.

Leadership appointment: Dr. Asma Sharafi named Chief Technology Officer

Effective immediately, Dr. Asma Sharafi has been appointed Chief Technology Officer (CTO), expanding her responsibilities from her prior role as Senior Vice President, Partnerships and Product Strategy. Dr. Sharafi brings deep experience in solid-state battery development and translating advanced battery technologies into application-ready solutions through close customer collaboration. As CTO, she will lead Ensurge's product and technology roadmap, aligning battery design and validation with customer requirements. Dr. Arvind Kamath, EVP Technology, will report to Dr. Sharafi and continue to focus on advancing Ensurge's core process capabilities.

Organizational changes

As part of the restructuring, Ensurge has reduced the workforce by 12 employees, primarily in Process Engineering and Manufacturing, and has eliminated two full-time administrative consulting roles. The new operating approach positions Ensurge to pursue partnerships and more cost-efficient manufacturing solutions aligned with its targeted product roadmap and application focus. In addition, the company has discontinued its 24/7 shift operation, which carried significant overtime and shift differential premiums. At the same time, Ensurge is strengthening its solid-state battery product and applications engineering capabilities through targeted new hires. An additional four to eight hires with proven, relevant experience are planned in the near term to accelerate customer application engagement.

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.