Energeia AS – Last day of the subscription period in the subsequent offering

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Oslo, 19 March 2025:

Reference is made to the stock exchange announcements by Energeia AS (the “Company”) on 27 February 2025 and 12 March 2025 regarding the subsequent offering of up to 556,166,380 new shares ("Offer Shares"), each with a nominal value of NOK 0.02, at a subscription price of NOK 0.05 per Offer Share (the "Subsequent Offering").

The subscription period for the Subsequent Offering (the "Subscription Period") will expire today, 19 March 2025 at 16:30 hours (CET).

Correctly completed subscription forms must be received by Norne Securities AS (the "Manager"), or in the case of online subscriptions, be registered by the expiry of the Subscription Period.

Subscription rights that are not used to subscribe for Offer Shares before the expiry of the Subscription Period will have no value and will lapse without compensation to the holder.

Further information about the Subsequent Offering and the subscription procedures is included in the national prospectus dated 10 March 2025 prepared in relation to the Subsequent Offering, available at the Company's and the Manager's websites, www.energeia.no and www.norne.no/energeia, respectively.

For further information, please contact:

Jarl Egil Markussen, CEO, e-mail: jarl@energeia.no and tel: +47 480 23 214