Reference is made to the previous stock exchange announcements published by EAM Solar AS (the "Company") regarding the rights issue of up to 20 000 000 shares in the Company (the "Offer Shares"), at a subscription price of 1.0 per Offer Share, to raise gross proceeds of NOK 20 million (the "Rights Issue").
The subscription period for the Rights Issue (the "Subscription Period") expires on Monday, 27 October 2025 16:30 (CEST).
The Rights Issue is conditional upon that the company raises at least NOK 7,649,740 in the Rights Issue (the “Minimum”). As communicated by the Company on 21 October 2025, the Minimum was exceeded on 20 October 2025. Subscriptions received as of close of trading on 24 October remain above the Minimum.
The Company reminds that Subscription rights that are not used to subscribe for Offer Shares before the expiry of the Subscription Period on 27 October 2025 at 16:30 hours (CEST) will have no value and will lapse without compensation to the holder upon expiry of the Subscription Period.
For more information, and the complete terms and conditions of the Rights Issue, please refer to the prospectus dated 3 October 2025 (the "Prospectus") and the supplementary prospectus dated 23 October 2025 (the “Supplementary Prospectus”). Both the Prospectus and Supplementary Prospectus are, subject to local securities laws, available at the website of the settlement agent Norne Securities AS: www.norne.no/EAM
This information is published in accordance with the requirements of the Continuing Obligations.
The company remains available for questions or clarifications. 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.