Ensurge Micropower ASA - Mandatory Notice of Trade for Primary Insiders

12 Aug 2025 11:00 CEST

Reference is made to the announcement by Ensurge Micropower ASA ("Ensurge" or
the "Company") on 8 August 2025 regarding the Extraordinary General Meeting held
on the same day, where all proposals on the agenda were approved by the
shareholders.

The Extraordinary General Meeting approved the issuance of independent
subscription rights in the Company to each of Alexander Munch Thore, Chair of
the Board (13,000,000 subscription rights) and Thomas Ramm, Board member
(8,000,000 subscription rights). All issued subscription rights are granted for
no consideration and shall have an exercise price of NOK 1.376 per share upon
exercise.

The vesting schedule for the subscription rights shall be as follows: 40% of the
subscription rights shall vest and become exercisable on the date of the 2026
Annual General Meeting, an additional 30% of the subscription rights shall vest
and become exercisable after 24 months from the date of grant, while the
remaining 30% of the subscription rights shall vest and become exercisable 36
months following the date of grant.

The subscription rights expire on 8 August 2030.

Please see the enclosed forms for further details about the transactions.

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

More information:
Access the news on Oslo Bors NewsWeb site

652561_AMT.pdf
652561_TR.pdf