Aega ASA Q2, 2024

30 Aug 2024 07:30 CEST

In the second quarter of 2024, Aega ASA delivered revenues of EURt 991 (Q1 2023:
EURt 919). EBITDA was positive with EURt 616 (Q1 2023: EURt 443).

"Production in the second quarter was in line with expectations for the quarter,
and somewhat higher than the previous year due to the weather conditions. All
our power plants have been in operation and production have been in line with
expectations. The market prices for energy were slightly lower than in the first
quarter and have picked up somewhat towards the end of the quarter. For Aega the
average price of energy sold together with the contracts we entered into for
2024, have led to satisfying prices in Q2", Aega's CEO Nils P. Skaset comment.

As a subsequent event to this report, the board of Aega has approved a dividend
payment in line with the decision in the general meeting. For more information
we refer to separate stock exchange announcements.

Attached is the company's second quarter report.

For mer more Information, please contact
Nils P. Skaset, CEO
+47 951 88 154
ceo@aega.no

About Agea Aega ASA is an energy company listed on Euronext Expand in Oslo.
Aega’s main focus is the solar power market. The company acquires and operates
smaller existing Italian solar power plants. In addition to being an industrial
energy producer we also consider investments in the solar and renewable energy
sector. The company’s head offices are in Oslo (NO) and Trento (IT).

For more information, see www.aega.no

More information:
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626666_Aega Q2-2024 Final .pdf