Merus Power Plc's Annual Report, Sustainability Report and Remuneration Report 2024 published

Merus Power Plc, Company announcement, February 17, 2024 at 3:00 p.m.

Merus Power Plc has today published the Annual Report and Remuneration Report for 2024. The  Annual Report contains the market review, the Report of the Board of Directors and Sustainability Statement as well as the Financial Statements for 2024.

The Annual Report and Remuneration Report are available as PDF files attached to this release and on the company's website at https://sijoittajat.meruspower.fi/en/for-investors/reports-and-presentations/.

Merus Power Plc

Board of Directors

For more information
Kari Tuomala, CEO, kari.tuomala@meruspower.com, +358 20 735 4320

Jonna Kannosto, Marketing, Communications and Investor Relations Director, jonna.kannosto@meruspower.com, +358 44 357 8320

Aktia Alexander Corporate Finance Oy, certified adviser, +358 50 520 4098

Distribution:

Nasdaq Helsinki Oy

Financial Supervisory Authority

Key media

Merus Power in Brief:

Merus Power is a technology company driving the sustainable energy transition. We design and produce innovative electrical engineering solutions such as energy storages and power quality solutions, and services for the needs of renewable energy and industry. Through our scalable technology, we facilitate the growth of renewable energy in the electricity grids and improve the energy efficiency of society. We are a domestic specialist in innovative electrical engineering and operate in global and high-growth markets. Our personnel represent internationally renowned engineering expertise. Our net sales in 2024 were EUR 35.8 million and our stock's trading symbol on the Nasdaq First North Growth Market Finland is MERUS.

The original of this document has been made in Finnish. In case of any discrepancy, the Finnish version will prevail.