Scatec ASA – Share capital increase registered with the Norwegian Register of Business Enterprises

Oslo, 11 February 2022: Reference is made to the stock exchange announcement by Scatec ASA (“Scatec”) published 9 February 2022 regarding a share capital increase following the exercise of employee share options.

The issuance of 53,257 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of Scatec is NOK 3,972,931.875 divided on 158,917,275 shares, each with a nominal value of NOK 0.025. Each share represents one vote in the company’s General Meeting.

For further information, please contact:
Andreas Austrell, VP IR, tel: +47 974 38 86, andreas.austrell@scatec.com

About Scatec ASA
Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. As a long- term player, Scatec develops, builds, owns and operates solar, wind and hydro power plants and storage solutions. Scatec has more than 3.5 GW in operation and under construction on four continents and more than 600 employees. The company is targeting 15 GW capacity in operation or under construction by the end of 2025. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’. To learn more, visit www.scatec.com or connect with us on Linkedin

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