Lysaker, 27 February 2024

Reference is made to the stock exchange notice published 30 October 2023, where
AMSC's Board of Directors has decided to propose to the EGM a dividend to AMSC's
shareholders of USD 0.05 per share to be paid March 2024.

Dividend amount: USD 0.05 per share

Dividend amount in NOK: 0.5362 per share

Declared currency: USD

Last day including right: 5 March 2024

Ex-date: 6 March 2024

Record date: 7 March 2024

Payment date: on or about 15 March 2024

Date of approval: The proposed distribution of the cash dividend was approved by
the EGM of AMSC ASA on 20 November 2023.

This information is published in accordance with the requirements of the
Continuing Obligations.

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© Oslo Bors ASA, source Oslo Stock Exchange