M Vest Water Secures NOK 10 million Convertible Loan

12 Feb 2026 07:31 CET

BERGEN, Norway, February 12, 2026 -- M Vest Water AS (MVW), has entered into a
convertible loan facility with one of its main shareholders, M Vest Invest AS,
pursuant to which the shareholder will make available a committed credit
facility of up to NOK 10 million.

With expected revenues and existing bank facilities, this facility will enable
the company to continue its previously announced strategy of advancing its
project portfolio.

Key terms of the Convertible Loan:

Interest on any drawdowns under the loan facility accrues at a rate of NIBOR
plus 6 percent per annum, in addition to a commitment fee of 1.5 percent per
annum on any undrawn portion of the facility.

The loan is unsecured and matures on the first anniversary of the signing of
the loan agreement.

The lender has a right, but not an obligation, to convert its outstanding
loan, including accrued and unpaid interest, into shares in MVW at a
conversion price of NOK 8 per share.

Any shares issued upon conversion will grant full shareholder rights from the
date the share capital increase is registered.

The conversion price is subject to customary adjustments due to certain
corporate actions, such as changes in nominal value or issuance of bonus
shares.

See attachment for further details.

Contact
For further information, please contact:

Morten Hilton Thomassen, CFO
mht@mvestwater.com
+47 92 25 85 70

About Us
M Vest Water is an environmental technology company which has developed unique
products and solutions to the water treatment industry, both Industrial as
well as the Municipal markets. The products are non-toxic, biodegradable and
without any harm to the environment. It obtains the highest degree of
purification in a cost-efficient arrangement.

M Vest Water is listed on Euronext Growth under the ticker MVW.
For more information, visit www.mvestwater.com.

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication,
through the agency of the contact persons set out above, at 2026-02-12 07:31
CET.

More information:
Access the news on Oslo Bors NewsWeb site

665548_260212 Enclosure.pdf
665548_M Vest Water Secures NOK 10 million Convertible Loan.pdf