NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE HONG KONG SPECIAL
ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR THE UNITED STATES OR
ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD
BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

Oslo, 11 September 2025: 

Reference is made to the previous stock exchange announcements by Energeia AS
(the "Company") regarding the fully the underwritten rights issue raising NOK 31
million ("Rights Issue") as approved by the extraordinary meeting of the Company
on 8 September 2025. 

The Rights Issue consists of an offer by the Company to issue 1,033,333,333 new
shares (the "Offer Shares"), each with a nominal value of NOK 0.01, at a
subscription price of NOK 0.03 per Offer Share ("Subscription Price"). 

A national prospectus pertaining to the Rights Issue (the "Prospectus") was
registered with the Norwegian Register of Business Enterprises on 9 September
2025. The Prospectus is available at the Company's and Norne Securities AS' (the
"Manager") websites www.energeia.no and www.norne.no/energeia , respectively. 

Subscription period
The subscription period in the Rights Issue will commence today, on 11 September
2025 at 09:00 hours (CEST) and expires on 25 September 2025 at 16:30 hours
(CEST). 

Eligible Shareholders and trading in Subscription Rights 
The Rights Issue is directed towards shareholders of the Company as of 8
September 2025, as registered in the VPS on 10 September 2025 (the "Record
Date"), who are not resident in a jurisdiction where such offering would be
unlawful or would (in jurisdictions other than Norway) require any prospectus,
filing, registration or similar action (the "Eligible Shareholders"). 

Each Eligible Shareholder is granted 0.8684 transferable subscription rights
("Subscription Rights") for every existing share registered as held by such
Eligible Shareholder in the VPS as at the Record Date, rounded down to the
nearest whole Subscription Right. Each Subscription Right gives, subject to
applicable law, the right to subscribe for, and be allocated, one (1) new share
in the Rights Issue at the Subscription Price. Over-subscription and
subscription without subscription rights is permitted.

The Subscription Rights will be tradable on Euronext Growth Oslo under the
ticker code "ENRGT" from today, 11 September 2025 at 09:00 (CEST) and up until
19 September 2025 at 16:30 (CEST), and the Subscription Rights will hence only
be tradable during a part of the Subscription Period. 

Subscription Rights that are not used to subscribe for Offer Shares before the
expiry of the Subscription Period on 25 September 2025 at 16:30 (CEST), or not
sold before 16:30 (CEST) on 19 September 2025, will have no value and will lapse
without compensation to the holder. 

The Subscription Rights are expected to have an economic value if the Company's
shares trade above the Subscription Price during the Subscription Period.

Underwriting consortium
As previously announced, an underwriting consortium has agreed to underwrite
subscription of new shares for the full amount of NOK 31 million (the
"Underwriting Obligation"). Each underwriter in the underwriting consortium (the
"Underwriters") shall receive an underwriting commission equal to 10% of their
respective Underwriting Obligation, which shall be settled in new shares in the
Company (the "Underwriting Shares") to be issued at the Subscription Price. All
conditions relating to the Underwriting Obligation have been fulfilled as of the
date hereof. The Prospectus section 6.20 contains further information in this
regard. 

Payment and delivery
Subject to timely payment of the Offer Shares subscribed for and allocated in
the Rights Issue, i.e. on 29 September 2025, the issuance and delivery of the
Offer Shares pertaining to the Rights Issue is expected to be completed on or
about 7 October 2025.


For further information, please contact: 

Jarl Egil Markussen, CEO, e-mail: jarl@energeia.no and tel: +47 480 23 214 


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.