HIGHLIGHTS Q4 2019

 EBITDA for the quarter was minus EUR 314 thousand and accumulated for the year
EUR 400 thousand. Normal operations, adjusted for legal costs resulted in an
EBITDA of EUR 20 thousand for the quarter and EUR 1 623 thousand accumulated for
the year, equivalent to an adjusted EBITDA margin of 9 per cent and 51 percent,
respectively.

 Cost of operations and SG&A were EUR 120 thousand and EUR 90 thousand for the
quarter and EUR 409 thousand and EUR 1 134 thousand accumulated for the year
respectively.

 Legal costs were EUR 335 thousand in the quarter and EUR 1 223 thousand
accumulated for the year respectively.

 On 9 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.

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 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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