HIGHLIGHTS Q4 2019 EBITDA for the quarter was minusEUR 314 thousand and accumulated for the yearEUR 400 thousand . Normal operations, adjusted for legal costs resulted in an EBITDA ofEUR 20 thousand for the quarter andEUR 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 wereEUR 120 thousand andEUR 90 thousand for the quarter andEUR 409 thousand andEUR 1 134 thousand accumulated for the year respectively. Legal costs wereEUR 335 thousand in the quarter andEUR 1 223 thousand accumulated for the year respectively. On9 December 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. 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 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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