SCATC – Disclosure of shareholding

17 Sep 2024 19:27 CEST

17 September 2024. Scatec Innovation AS (“Scatec Innovation”) has today sold
7,132,339 shares in Scatec ASA (the “Company”), representing approximately 4.5%
of the share capital in the Company, at a price of NOK 80.50 per share for a
total transaction size of NOK 574 million (the “Transaction”).

After the Transaction, Scatec Innovation holds 7,000,000 shares in the Company,
representing approximately 4.4% of the Company. Scatec Innovation has entered
into a 90-day lock-up agreement for its remaining shares in the Company.

ABG Sundal Collier ASA acted as sole bookrunner in the connection with the
Transaction.

This information is subject to the disclosure requirements pursuant to section
4-2 of the Norwegian Securities Trading Act.

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