10 December 2019 Civil Court of Brescia On Monday the 9th ofDecember 2019 ,EAM Solar ASA was informed that the Judge in theCivil Court of Brescia dismissed the petition byUBI Leasing to have an injunction against the company declared as provisionally enforceable. The decision refers to the petition for the provisional enforceability only and follows a summary judgement on the introductive briefs and documents. That means that the final decision at the end of the full proceedings may differ from the present order. For the time being, UBI cannot start any enforcement procedure againstEAM Solar ASA . A further hearing has been scheduled for 21st ofJanuary 2020 . We expect that the Judge will grant further terms for filing additional briefs.Criminal Court of Milan Following the publication of the grounds for the ruling in the Criminal Court, that was made onOctober 15th 2019 , the parties have had 45 days to decide and prepare on a possible appeal.EAM Solar ASA and its subsidiary EAM Solar Italy Holding Srl filed an appeal before deadline. The appeal is concentrated on the fact thatEnovos Luxembourg SA andAvelar Energy Ltd. where not held financially liable. For further information, please contact: Viktor E Jakobsen, CEO, phone +47 9161 1009, viktor@eam.no AboutEAM Solar ASA :EAM Solar ASA is a utility company that acquires and operates solar power plants. The Company currently owns solar PV power plants inItaly . The plants are operating under long-term sales contracts. In addition, the Company's business is lawsuits in relation acquisition of solar power plants. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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