Reference is made to the stock exchange announcement from EAM Solar AS of 4th of
September 2024, third section. Oslo Børs has taken the decision to place EAM
Solar AS in the Penalty Bench, cf. section 2.10.3 (1) of the Oslo Rule Book II.
EAM Solar AS is placed in Penalty Bench with immediate effect due to failure to
comply with Oslo Rule Book II section 3.1.1. The rule derives from Section 13-2
(1) first sentence of the Securities Trading Regulations, which applies for
admission to trading on Euronext Oslo Børs, but also applies for admission to
trading on Euronext Expand.
Penalty Bench is a special compartment where the securities of issuers that do
not comply with the Rules are placed. Oslo Børs will remove securities from the
Penalty Bench and allocate the securities to the normal compartment when the
issuer has corrected the violation of the Rules that was the reason for
allocating the security to the Penalty Bench.