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Regulatory press release

Solar Foods Oyj: Subscription of shares with option rights 2020A and 2020B

Solar Foods

Solar Foods Oyj, company announcement 15 April 2025 at 9:00 EET

Solar Foods Oyj: Subscription of shares with option rights 2020A and 2020B

Based on Solar Foods Oyj’s (the "Company") stock option plan 2020A 44,835 and stock option plan 2020B 2,243, altogether 47,078 new shares of the Company have been subscribed. As a result of the share subscriptions approved by the Company’s Board of Directors today, the number of shares in the Company will increase from 24,641,049 shares to 24,688,127 shares after the new shares have been registered with the Trade Register. The new shares correspond to approximately 0.2 percent of the Company's shares after registration.

The subscription prices of the shares, which was EUR 0.2051 per share under stock option plan 2020A and EUR 2.74994 per share under stock option plan 2020B, totaling EUR 15,363.77, are recorded in their entirety in the Company's fund for invested unrestricted equity.

The new shares will be registered in the Trade Register and applied for trading on the Nasdaq First North Growth Market Finland marketplace maintained by Nasdaq Helsinki approximately by 25 April 2025. The new shares will establish shareholder rights starting from the registration date.

Solar Foods Oyj

Further Information
CFO Ilkka Saura, ilkka.saura@solarfoods.com, tel: +358 10 579 3289

Certified Advisor
Carnegie Investment Bank AB (publ)

About Solar Foods
Solar Foods produces Solein®, a protein created using carbon dioxide and electricity. This innovative production method is independent of weather and climate conditions, eliminating the need for traditional agriculture. Founded in Finland in 2017, Solar Foods is listed on the Nasdaq First North Growth Market Finland. Learn more at www.solarfoods.com and investors.solarfoods.com.

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