ENSURGE MICROPOWER ASA 31 August 2023 Reference is made to the stock exchange notice published byEnsurge Micropower ASA (the "Company") on29 August 2023 regarding the result of the Company's Subsequent Offering, which was substantially oversubscribed, including subscriptions from eligible shareholders, oversubscriptions, and subscriptions without subscription rights. The Company's board of directors has considered the subscriptions and allocations ofOffer Shares and has resolved to issue a total of 200,000,000Offer Shares , at a subscription price ofNOK 0.10 per Offer Share, to eligible shareholders who have subscribed based on subscription rights and eligible shareholders who have oversubscribed. The letters of allocation have been distributed, and the payment for the allocatedOffer Shares falls due on4 September 2023 . Following the share capital increase resolved in connection with the Subsequent Offering, the Company's share capital will beNOK 142,846,875.90 divided into 1,428,468,759 shares each having a par value ofNOK 0.10 . AboutEnsurge Micropower :Ensurge is Energizing Innovation(TM) with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery for the 1 to 100 milliampere-hour (mAh) class of wearable devices, connected sensors, and beyond. The innovative Ensurge Microbattery enables energy-dense rechargeable products that are ideal for form-factor-constrained applications including hearables (hearing aids and wireless headphones), digital and health wearables, sports and fitness devices, and IoT sensor solutions that use energy harvesting to power everyday things. The company's state-of-the-art manufacturing facility, located in the heart ofSilicon Valley , combines patented process technology and materials innovation with the scale of roll-to-roll production methods to bring the advantages ofEnsurge technology to established and expanding markets. For more information, please contact:Terje Rogne , Chairman Phone: +47 472 02 200 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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