Ensurge Micropower ASA – Grant of Incentive Subscription Rights

19 Feb 2026 20:35 CET

The Board of Directors of Ensurge Micropower ASA (the Company) resolved on 19
February 2026 to grant a total of 4,500,000 incentive subscription rights to
certain new employees in the Ensurge group under the Company's 2025 incentive
subscription rights plan, as resolved at the Extraordinary General Meeting on 8
August 2025 and amended at the Extraordinary General Meeting on 3 December 2025.

The exercise price of the subscription rights is calculated to NOK 0.794 per
share.

The subscription rights will become vested over four years from the date of
grant with a one-year cliff such that no subscription rights vest until the
first anniversary of the applicable grant date, at which time 25 % of the
subscription rights shall vest immediately, with the remaining subscription
rights vesting thereafter in equal quarterly increments.

The subscription rights expire on 8 August 2030.

The subscription rights otherwise follow the terms and conditions of the 2025
subscription rights incentive plan.

For further information, please contact: ir@ensurge.com.

About: Ensurge Micropower ASA Ensurge Micropower develops ultra-thin, flexible
solid-state lithium microbatteries that enable next-generation electronic
devices. The company's proprietary platform is designed to deliver safe,
high-performance energy storage in space-constrained applications across medical
devices, hearables, wearables, industrial systems, and defense. Ensurge
Micropower ASA is listed on the Oslo Stock Exchange under the ticker ENSU.

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