Change of Chair in Ensurge Micropower ASA

08 Jul 2025 07:30 CEST

Oslo, 8 July 2025

Following dialogue with the Company's largest shareholders, the nomination
committee has concluded that a change of Chair is in the best interest of
Ensurge Micropower ASA. The nomination committee is therefore in the process of
identifying a new candidate to lead the Company into its next phase.

Based on this, Terje Rogne has decided to step down as Chair of the Board. He
will continue in the role and support the Company during a transitional period,
until a new Chair has been appointed or, at the latest, until the next
extraordinary general meeting.

About Ensurge Micropower
Ensurge is energizing innovation with the first ultrathin, flexible, reliable,
and fundamentally safe solid-state lithium microbattery.

With a workforce of forty top-tier specialists based in the world's technology
capital, Silicon Valley, Ensurge has developed a future-oriented and innovative
microbattery technology. The microbattery is ideal for form-factor-constrained
applications, including hearables, 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 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.

Ensurge's production facilities are optimized for prototyping and small-scale
manufacturing. To scale efficiently, we aim to outsource the production of the
resulting intellectual property (IP) to specialized partners with industrial
manufacturing expertise.

Ensurge is listed on the Norwegian stock exchange and is financed out of Norway
by strong and reputable financial investors, reflecting both a strategic
investment and a robust transatlantic collaboration.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to MAR article 17 and section 5 -12 of the Norwegian Securities Trading
Act. This stock exchange release was published by Ståle Bjørnstad, VP, Corporate
Development and IR, on 8 July 2025 at 07:30 CET.

More information:
Access the news on Oslo Bors NewsWeb site