Core Points - The Annual General Meeting of Ensurge Micropower ASA was held electronically, with significant agenda changes approved by shareholders [2] - Morten Opstad was elected to chair the meeting, and a new nomination committee was formed consisting of Thomas Ramm (chair), Fredrik Munch, and Andreas Ellingsen [2] - The majority of the agenda items were adopted as proposed by the board of directors, with minutes to be published on the company's website [3] Company Overview - Ensurge Micropower specializes in ultrathin, flexible, reliable, and safe solid-state lithium microbattery technology, aimed at energizing innovation [3] - The company operates from Silicon Valley with a team of forty specialists, focusing on applications in hearables, wearables, sports and fitness devices, and IoT sensor solutions [4] - Ensurge's manufacturing facility utilizes patented process technology and roll-to-roll production methods, optimizing for prototyping and small-scale manufacturing while planning to outsource larger-scale production [5] - The company is listed on the Norwegian stock exchange and is supported by reputable financial investors, indicating a strong strategic investment and transatlantic collaboration [6]

Group 1 - The company successfully demonstrated and shipped 11L/10 μm batteries, which met performance expectations at customer sites, showcasing fast charging and pulse discharging capabilities [1] - Negotiations with a Fortune 500 partner regarding a Joint Development Agreement (JDA) for next-generation batteries have progressed significantly [1] - The company achieved a 90% assembly yield after finalizing all critical technology issues [1] Group 2 - The company has filed critical intellectual property (IP) related to technical fixes and manufacturing process innovations [1] - A 24/7 shift structure has been implemented to reduce cycle time and increase stack output [1] - The strengthened development pace has led to an increasing customer pipeline and new technology inquiries [1] Group 3 - Ensurge Micropower specializes in ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbatteries, targeting form-factor-constrained applications such as wearables and IoT devices [2] - The company operates a state-of-the-art manufacturing facility that combines patented process technology and materials innovation, optimized for prototyping and small-scale manufacturing [2] - Ensurge aims to outsource production of resulting intellectual property (IP) to specialized partners with industrial manufacturing expertise to scale efficiently [2]

Core Insights - Ensurge Micropower ASA is set to release its first quarter 2025 results on May 15, 2025, with a webcast hosted by CEO Lars Eikeland and Chair Terje Rogne [1] - The company specializes in ultrathin, flexible, reliable, and safe solid-state lithium microbattery technology, targeting applications in hearables, wearables, and IoT devices [1] - Ensurge's manufacturing facility utilizes patented process technology and roll-to-roll production methods, focusing on prototyping and small-scale manufacturing while planning to outsource larger production to specialized partners [1] Company Overview - Ensurge Micropower ASA is based in Silicon Valley and employs a team of forty specialists [1] - The company is publicly listed on the Norwegian stock exchange and is supported by reputable financial investors from Norway, indicating strong strategic investment and collaboration [1] Technology and Market Focus - The microbattery technology developed by Ensurge is designed for form-factor-constrained applications, making it suitable for various modern electronic devices [1] - The company aims to leverage energy harvesting solutions to power everyday devices, positioning itself in expanding markets [1]

Company Overview - Ensurge Micropower ASA specializes in ultrathin, flexible, reliable, and safe solid-state lithium microbatteries designed for wearable devices and connected sensors [3] - The company’s microbattery technology is suitable for applications requiring energy-dense rechargeable products, including hearables, health wearables, sports devices, and IoT sensor solutions [3] - Ensurge operates a state-of-the-art manufacturing facility in Silicon Valley, utilizing patented process technology and roll-to-roll production methods to enhance market reach [3] Financial Summary - The Board of Directors approved the annual report and financial statements for 2024 on April 11, 2025, which align with the preliminary report disclosed on February 19, 2025 [1] - The auditor's report includes an emphasis of matter paragraph regarding going concern, indicating potential concerns about the company's financial stability [1] - The Board does not propose a dividend for the year [1] Product Development - Following successful testing of the 11-layer battery, Ensurge is advancing the development of higher-capacity battery variants [5] - All major technical challenges have been resolved, with the next phase focusing on scaling up designs and manufacturing capacity [5] - The commercial pipeline includes over 100 prospects across targeted market segments, with initial shipments expected in 2025 after product qualification and certification [5]

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Oslo, Norway, 10 April 2025 Reference is made to the stock exchange announcement published earlier today on 10 April 2025 by Ensurge Micropower ASA ("Ensurge" or the " ...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Oslo, Norway, 10 April 2025 Ensurge Micropower ASA ("Ensurge" or the "Company") has engaged Arctic Securities AS (the "Manager") to advise on and effect a contemplat ...