Mainstream: Judicial reorganization proceedings initiated for two companies in Chile

As a next step in its ongoing restructuring process in Chile, Mainstream
Renewable Power ("Mainstream"), the renewable energy company majority-owned by
Aker Horizons ASA, today initiated judicial reorganization for two of its
companies in Chile; Huemul Energía SpA and Condor Energía SpA. Please see press
release from Mainstream for more information, attached.

The proceedings now underway in Chile will not impact the development plans of
Mainstream's offshore wind, onshore wind, and solar projects in other regions.

ENDS

For further information, please contact:

Marianne Stigset, Communications, Tel: +47 41 18 84 82,
marianne.stigset@akerhorizons.com
Christian Yggeseth, Investor Relations, Tel: +47 91 51 00 00,
christian.yggeseth@akerhorizons.com
Stian Andreassen, Investor Relations, Tel: +47 41 64 31 07,
stian.andreassen@akerhorizons.com

About Aker Horizons

Aker Horizons develops green energy and green industry to accelerate the
transition to Net Zero. The company is active in renewable energy, carbon
capture and hydrogen and develops industrial-scale decarbonization projects. As
part of the Aker group, Aker Horizons applies industrial, technological and
capital markets expertise with a planet-positive purpose to drive
decarbonization globally. Aker Horizons is listed on the Oslo Stock Exchange and
headquartered in Fornebu, Norway. Across its portfolio, the company employs
approximately 1,100 people in 18 countries on five continents.
www.akerhorizons.com

About Mainstream Renewable Power

Mainstream Renewable Power is a leading pure-play renewable energy company, with
wind and solar assets across global markets, including in Europe, Latin America,
Africa, and Asia-Pacific. Mainstream is one of the most successful developers of
gigawatt-scale renewables platforms, across onshore wind, offshore wind, and
solar power generation. It has successfully delivered 6.5 GW of wind and solar
generation assets to financial close-ready and has a global pipeline of 20.8 GW,
with 1.4 GW in operation and under
construction. www.mainstreamrp.com (https://nor01.safelinks.protection.outlook.co
m/?url=http%3A%2F%2Fwww.mainstreamrp.com%2F&data=05%7C01%7CMarianne.Stigset%40ake
rhorizons.com%7C31abe849852843a6634308db894f1565%7Ced30882f1b3b49d99b52decd6af731
d9%7C0%7C0%7C638254744984187002%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQI
joiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=ufxsEKTt7GCwSiIOR
eX%2BR0By2sWN%2BuZqP5R6ytClhoo%3D&reserved=0)

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements in
Regulation EU 596/2014 and the Norwegian Securities Trading Act § 5-12. This
stock exchange announcement was published by Marianne Stigset, Communications,
Aker Horizons ASA, on 20 July 2023 at CEST 22:59.