Emerald Horizon AG plans to raise approximately EUR 135 million in equity by 2028 and resolves first cash capital increase

  DISCLOSURE OF INSIDE INFORMATION BY EMERALD HORIZON AG PURSUANT TO ART 17(1) MARKET ABUSE REGULATION Graz, 10 November 2026. The Management Board of Emerald Horizon AG (ISIN AT0000A3UZE1) (the "Company") aims to raise approximately EUR 135 million in equity in several steps by the end of the third quarter of 2028 and, to this end, today resolved to increase the Company's share capital from currently EUR 1,049,375, by partially utilising the authorised capital resolved by the Annual General Meeting on 20 April 2026, by up to EUR 133,224 through the issue of up to 133,224 new no-par-value bearer shares against cash contribution, to up to EUR 1,182,599 (the "Capital Increase"). The subscription rights of existing shareholders are excluded. Only selected investors investing at least EUR 100,000 will be admitted to subscribe for the new shares. The offering is made without a prospectus pursuant to Art 1(4)(d) of the Prospectus Regulation (Regulation (EU) 2017/1129). The implementation of the Capital Increase is subject to the approval of the Supervisory Board. The Management Board's report on the exclusion of subscription rights will be published as soon as possible via the Federal Electronic Publication and Information Platform (EVI). The Supervisory Board will decide on the approval no earlier than two weeks after this publication. The subscription price per new share is to be EUR 1,013.33 (corresponding to the volume-weighted average price of the last 30 trading days prior to today, less half of the standard deviation over the same period in percent). The subscription period is to run from 26 November 2026 to 22 December 2026, with the Company reserving the right to shorten or extend the subscription period as well as to terminate the offering early. Majority shareholder and Management Board member Florian Wagner has declared that he will undertake towards investors subscribing for new shares with an equivalent value of at least EUR 5 million to transfer to each such investor, free of charge from his personal holdings, 36 shares for every 100 shares subscribed, upon expiry of 36 months from the registration of the present Capital Increase in the commercial register ("Holding Period"). A further condition for this is that the investor submits a binding subscription declaration before binding subscription declarations for gross issue proceeds totalling EUR 45 million have been received by the Company within the Capital Increase. It is also a condition that the investor continuously holds all new shares subscribed in the course of the Capital Increase throughout the Holding Period. The fulfilment of this commitment by Mr Wagner will not result in any dilution of other existing shareholders. The new shares from the Capital Increase are expected to be delivered to investors in December 2026 or January 2027 and will carry dividend rights from the 2026 financial year. Admission of the new shares to trading on the Official Market of the Vienna Stock Exchange will be applied for. The gross issue proceeds in the event of full placement of the Capital Increase would amount to EUR 134,999,875.92. In order to raise any remaining amount not raised in this Capital Increase, four further capital increases are envisaged, expected in the first quarter of 2027, in the second to third quarter of 2027, in the fourth quarter of 2027 to the first quarter of 2028, and in the second to third quarter of 2028. The volume, structure and implementation of each future capital measure depend not only on the Company's specific liquidity requirements at the respective time, but also on the necessary corporate resolutions, market conditions and investor interest. Further details on the envisaged capital increases will be announced in accordance with statutory disclosure obligations. The Company expects that interested investors will not make their entire intended investment immediately, but will subscribe gradually in the course of this and the four further envisaged capital increases (making use of the cost-average effect). The Company therefore does not expect full placement of this first Capital Increase. The result of the present Capital Increase will be announced after completion of the offering in accordance with statutory provisions. The net issue proceeds will be used for the further development of SMRX together with the industrial partner VDL and for building up the "Storage" business segment. In this business segment, the DUALstorePLUS system will, once it reaches series maturity, be made available to industrial customers via the subsidiary Emerald Energy GmbH as Energy-as-a-Service under long-term contracts and without investment costs for the customers. The plants are to be financed predominantly through project financing (debt capital); the issue proceeds serve to provide the required equity portion. In addition, the net proceeds from the offering are intended to help meet the requirements for applying for grants and financing, such as from the European Investment Bank (EIB). Legal notice / Disclaimer: This announcement is a mandatory disclosure pursuant to Art 17 of the Market Abuse Regulation. The information contained in this announcement constitutes neither an offer to sell nor a solicitation of an offer to purchase or subscribe for securities, nor a recommendation to buy or sell securities of the Company. The information contained in this announcement and on the websites referred to herein is under no circumstances intended for publication, distribution or transmission, directly or indirectly, in whole or in part, in or into the United States of America (USA), Australia, Canada, Japan or South Africa, or any other jurisdiction in which such publication or transmission would be unlawful. Accordingly, the information is in particular not directed at "U.S. Persons" (as defined in Regulation S under the U.S. Securities Act of 1933) or at persons resident or located in the aforementioned jurisdictions.