30 November 2022
Aega ASA delivered revenues of EUR 755 thousand in the third quarter of 2022,an
increase of 14.7 percent versus the same quarter last year (Q3 2021: EUR 658
thousand). EBITDA was positive at EUR 219 thousand (173) reflecting the
increased scale of Aega's solar park portfolio.

"As we now exit Q3 2022 we have 9 operating solar parks due to high M&A activity
over the last 18 months. The production capacity follows the same trend and so
do revenues. Aega delivers positive EBITDA and cash flow, and the underlying
operations are well run. In Q4 our focus is to cultivate our portfolio and run a
cost-efficient operation. So far we have succeeded with this" says Nils P.
Skaset, CEO of Aega ASA.

Please find the third quarter 2022 financial report enclosed to this
announcement.

For further information, please contact:

Nils P. Skaset, CEO
+47 951 88 154
ceo@aega.no

About Agea
Aega ASA is an energy company listed on Euronext Expand in Oslo. Aega's main
focus is the solar power market. The company acquires and operates smaller
existing Italian solar power plants. In addition to being an industrial energy
producer we also consider investments in the solar and renewable energy sector.
The company's head offices are in Oslo (NO) and Trento (IT). 

For more information, see www.aega.no

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© Oslo Bors ASA, source Oslo Stock Exchange