Sustainable Energy Solutions Sweden Holding AB announced that the Company has entered into a partnership with a European international energy company to finance the development of a large-scale battery storage project which will bring in revenue of up to SEK 9 million to the Company. SENS will complete the design of the battery park and ensure the success of the project until Ready-To-Build status. The total value of the deal of approx.

SEK 9 million, depending on the EUR/SEK exchange rate, will be distributed over the entire project period, until the projects achieve Ready-To-Build status, which is estimated to be achieved within approximately six months given that the necessary project rights are obtained. The first payment, which now takes place at the conclusion of the agreement, amounts to approximately SEK 1 million.