Ensurge Micropower ASA - Disclosure of Large Shareholdings

20 Mar 2023 09:38 CET

This disclosure is sent on behalf of a certain large shareholder in Ensurge
Micropower ASA (the "Company").

Reference is made to the announcement by the Company on 14 March 2023 regarding
the approval of the Private Placement of 500,000,000 new shares by the
Extraordinary General Meeting. Having been allocated new shares in the Private
Placement, Alden AS discloses the following information pursuant to Section 4-2
of the Norwegian Securities Trading Act and the Securities Trading Act
Regulations.

Alden AS will be issued 70,000,000 shares in the Private Placement. Upon
registration of the Private Placement in the Norwegian Register of Business
Enterprises and subsequent delivery of shares, the shareholding will represent
9,45% of the Company's total number of outstanding shares, holding a total of
70,347.624 shares in the Company.

The disclosure obligation is triggered by the shareholder crossing above the 5%
threshold of total number of voting rights and shares in Ensurge Micropower ASA.

17 March 2023

Ensurge Micropower ASA

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