Måndag 6 April | 09:29:32 Europe / Stockholm
2026-04-05 23:27:49
Reference is made to the stock exchange announcement from Ensurge Micropower ASA
("Ensurge" or the "Company") on 5 April 2026 regarding a convertible loan
financing in an aggregate principal amount of NOK 60 million at a conversion
price of NOK 1.00 per share (the "Convertible Loan").

Coretech AS, a close associate of Thomas Ramm (Board member and primary
insider), has committed and been allocated NOK 20,474,420 of the convertible
loan financing.

Under the terms of the convertible loan financing, one (1) warrant (Nw.
Frittstående tegningsrett) would be granted free of charge to the lender for
every NOK five (5) allocated in the Convertible Loan. Each warrant would give
the right to subscribe for one (1) new share in the Company at the same exercise
price as the Conversion Price.

The Convertible Loan and the issuance of warrants remain subject to approval by
the Annual General Meeting in the Company dated 15 May 2026.

Please see the enclosed forms for further details about the transactions.

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