Oslo, 16 February 2024: Reference is made to the Reference is made to the stock
exchange announcement published by Norsk Renewables AS (the "Company") on 15
February 2024 regarding key information and a potential subsequent offering in
the Company. The shares in the Company will be traded exclusive of the right to
participate in the subsequent offering from and including today, 16 February
2024.

For further information, please contact:
Ingrid Sara Grimstad Amundsgård
EVP Sustainability, HSE, Communications & Investor Relations
ingrid.sara@norskrenewables.com
+ 47 90135533

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

About the company: Norsk Renewables is a vertically integrated independent power
producer with approximately 100 MW of solar power in operation or under
construction, combined with a 1 GW secured portfolio under development.
Expanding commercial offerings with wind and storage projects is in line with
the company`s strategy to replace consumers' energy consumption with 100%
renewable power.