20 March 2025
EAM has received a number of requests for further information from shareholders in relation to the postponement of the hearing in the Criminal Court of Cassation from 18 March 2025 until 17 June 2025. The Company has now received the complete explanation for the delay.
The following represents the full knowledge of EAM on the matter of the postponement:
At the start of the hearing on 18 March 2025, the President of the section in the Supreme Court announced a mistake on the part of the court administration. The court had not correctly notified several civil parties of the hearing date. These parties included the GSE, UBI Leasing, Enfo 60 and Unicredit.
These parties who were not notified and therefore not given the appropriate opportunity to submit pleadings in relation to the 2024 Appeal Court Decision. These parties should, however, still be given the legal right to submit such pleadings.
The postponement until 17 June 2025 is made in relation to the Italian procedural guidelines and the availability of the Supreme Court of Cassation. This postponement allows the above-mentioned parties to submit pleadings to the Court in this case, but has no other legal implications on the court process.
Due to the nature of various information requests received by the company since notifying the market of the postponement of the hearing, EAM considers it appropriate to host a shareholder information meeting on the general status and possible paths forward for the Company in the near future. Details of this information meeting will be announced at a later date.
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.