10 December 2019

Civil Court of Brescia
On Monday the 9th of December 2019, EAM Solar ASA was informed that the Judge in
the Civil Court of Brescia dismissed the petition by UBI 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
against EAM Solar ASA.

A further hearing has been scheduled for 21st of January 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 on October 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 that Enovos Luxembourg SA and Avelar Energy Ltd. where not held financially
liable.

For further information, please contact:

Viktor E Jakobsen, CEO, phone +47 9161 1009, viktor@eam.no
 
 
 
About EAM Solar ASA: EAM Solar ASA is a utility company that acquires and
operates solar power plants. The Company currently owns solar PV power plants in
Italy. 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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