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Regulatory press release

NORTH: Press release related to Wind Catching Systems awarded NOK 1.2 billion grant from ENOVA

North Energy
Reference is made to the stock exchange release on 27 January 2025, regarding
the award of a NOK 1.2 billion project grant from ENOVA to Wind Catching Demo
AS, a subsidiary of Wind Catching Systems AS. Please find attached a joint press
release from Wind Catching Systems AS and EnBW Energie Baden-Württemberg AG,
commenting on the award and the associated project.
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