NHOA: Atlante Completes the Closing of the Acquisition of Ressolar EV Charging Network

MILAN, May 31, 2023--(BUSINESS WIRE)--Regulatory News:

Atlante, the company of NHOA Group (NHOA.PA, formerly Engie EPS), dedicated to electric vehicles fast and ultra-fast charging infrastructure, announces the closing of the acquisition in Italy of the entire e-mobility spin-off of Ressolar S.r.l. ("Ressolar"). This closing follows the signing announced on 26 January 2023.

Ressolar, an Italian excellence with 60 years of experience in the energy sector, active in clean energy systems since 2006, has also most recently been developing a network of EV charging stations.

This acquisition provides Atlante with additional charging points located in Lombardy, Veneto and Emilia Romagna, near the vital A4 highway, connecting Turin to Venice, a key logistics route in Northern Italy. This expansion represents a significant milestone for e-mobility in these regions, as Atlante aims to convert the acquired network into fast and ultra-fast charging, further advancing the development of its network.

As previously announced, Atlante and Ressolar will also continue to collaborate to identify additional sites for a further expansion of Atlante network.

RESSOLAR

SINCE THE 1950S WE HAVE BEEN WALKING ALONGSIDE THE EVOLUTION OF ENERGY SYSTEMS

A history of energy efficiency with low environmental impact. Our history in the energy world has almost 70 years of experience and professionalism, and this has led our company to successfully follow all stages of development in the sector. The winning step began with the establishment of Sobergas S.p.A., a leading group in the construction and management of methane gas networks.

In 2000, we established RESS, the first Italian company to market gas and electricity in the free market.

Since 2006, with the creation of the companies RESSOLAR, EFFEPI SOLAR and RESET SOLAR, we have entered the world of renewable energy, developing and building plants of all sizes in the photovoltaic, hydroelectric, geothermal and solar thermal sectors.

In 2010 we started a new adventure in the field of sustainable electric mobility, becoming the first operator in the Bergamo area and among the first 5 in Lombardy.

Simultaneously with the growth of our electric vehicle charging network, we developed a dedicated electric mobility

software called Wroom, for the remote management and control of public and private charging stations.

Web site: www.ressolar.it

NHOA

NHOA S.A. (formerly Engie EPS), global player in energy storage, e-mobility and EV fast and ultra-fast charging infrastructure, develops technologies enabling the transition towards clean energy and sustainable mobility, shaping the future of a next generation living in harmony with our planet.

Listed on Euronext Paris regulated market (NHOA.PA), NHOA forms part of the CAC^® Mid & Small and CAC^® All-Tradable financial indices.

NHOA, with offices in France, Spain, United States and Australia, maintains entirely in Italy research, development and production of its technologies.

For further information, go to www.nhoa.energy

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Atlante

Atlante is a company of NHOA Group (NHOA.PA), formerly Engie EPS, global player in energy storage and e-mobility, which develops technologies enabling the transition towards clean energy and sustainable mobility, shaping the future of a next generation living in harmony with our planet.

Atlante is developing the largest fast and ultra-fast charging network in Southern Europe, enabled by renewables, energy storage and 100% vehicle-grid-integrated (VGI). It aims to install in Italy, France, Spain and Portugal 5,000 fast and ultra-fast points of charge by 2025, and over 35,000 by 2030.

Atlante is the result of the partnership between NHOA Group, which develops and invests in the network being owner and operator, Free2move eSolutions, in the role of supplier of charging technology, and Stellantis automotive group. It will be an open network, with privileged access for Stellantis customers.

For further information, go to www.atlante.energy

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Forward looking statement

This release may contain forward-looking statements. These statements are not undertakings as to the future performance of NHOA. Although NHOA considers that such statements are based on reasonable expectations and assumptions at the date of publication of this release, they are by their nature subject to risks and uncertainties which could cause actual performance to differ from those indicated or implied in such statements. These risks and uncertainties include without limitation those explained or identified in the public documents filed by NHOA with the French Financial Markets Authority (AMF), including those listed in the "Risk Factors" section of the NHOA 2022 Universal Registration Document. Investors and NHOA shareholders should note that if some or all of these risks are realized they may have a significant unfavorable impact on NHOA.

These forward looking statements can be identified by the use of forward looking terminology, including the verbs or terms "anticipates", "believes", "estimates", "expects", "intends", "may", "plans", "build- up", "under discussion" or "potential customer", "should" or "will", "projects", "backlog" or "pipeline" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts and that are to different degrees, uncertain, such as statements about the impacts of the war in Ukraine and the current economic situation pandemic on NHOA’s business operations, financial results and financial position and on the world economy. They appear throughout this announcement and include, but are not limited to, statements regarding NHOA’s intentions, beliefs or current expectations concerning, among other things, NHOA’s results of business development, operations, financial position, prospects, financing strategies, expectations for product design and development, regulatory applications and approvals, reimbursement arrangements, costs of sales and market penetration. Important factors that could affect performance and cause results to differ materially from management’s expectations or could affect NHOA’s ability to achieve its strategic goals, include the uncertainties relating to the impact of war in Ukraine and the current economic situation on NHOA’s business, operations and employees. In addition, even if the NHOA’s results of operations, financial position and growth, and the development of the markets and the industry in which NHOA operates, are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods. The forward-looking statements herein speak only at the date of this announcement. NHOA does not have the obligation and undertakes no obligation to update or revise any of the forward-looking statements.

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Contacts

Press Office Atlante: Davide D’Amico, PressMediaLab, +39 335 7715011, +39 011 7732952 – 106, atlante@pressmedialab.com
Press Office NHOA Group: Claudia Caracausi and Davide Bruzzese, Image Building, +39 02 89011300, nhoa@imagebuilding.it
Financial Communication and Institutional Relations: Chiara Cerri, +39 337 1484534, media.relations@nhoa.energy