Ensurge Micropower ASA - Registration of Share Capital Increase

24 Oct 2024 14:29 CEST

Oslo, 24 October 2024

Reference is made to the announcement by Ensurge Micropower ASA (the "Company")
on 19 September 2024 regarding a successful private placement of shares, divided
in a Tranche 1 and a Tranche 2. Further reference is made to the announcement by
the Company on 14 October 2024 regarding the approval of the Tranche 2 by the
Extraordinary General Meeting held on such date.

The share capital increase associated with Tranche 2 has now been duly
registered in the Register of Business Enterprises. Following the share capital
increase, the Company's share capital is NOK 348,613,173 divided
into 697,226,346 shares, each share having a par value of NOK 0.50.

About Ensurge Micropower:

Ensurge is Energizing Innovation (TM) with the first ultrathin, flexible,
reliable, and fundamentally safe solid-state lithium microbattery for the 1 to
100 milliampere-hour (mAh) class of wearable devices, connected sensors, and
beyond. The innovative Ensurge Microbattery enables energy-dense rechargeable
products that are ideal for form-factor-constrained applications including
hearables (hearing aids and wireless headphones), digital and health wearables,
sports and fitness devices, and IoT sensor solutions that use energy harvesting
to power everyday things. The company's state-of-the-art manufacturing facility,
located in the heart of Silicon Valley, combines patented process technology and
materials innovation with the scale of roll-to-roll production methods to bring
the advantages of Ensurge technology to established and expanding markets.

For more information, please contact:
Lars Eikeland - Chief Executive Officer
E-mail: lars.eikeland@ensurge.com

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

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