Background and motivation
The board has concluded that new leadership is needed in Soltech Energy in the CEO role. Leif has proven experience from turnaround and change management assignments, which the board believes is crucial for Soltech Energy’s current situation. His immediate focus will be to stabilize the business, improve cash flows and profitability, with the aim of creating a solid foundation for long-term profitable growth.

Incoming leadership
Leif Göransson has a solid background in running successful turnaround and transformation programs in businesses facing challenging circumstances. Leif Göransson has been interim CEO of Umia and before that CEO of Eltel Sweden. His experience of operating in public environments with extensive reporting and governance standards is well aligned with the expectations of Soltech Energy’s board.

Outgoing leadership
In connection with the management change, CEO Patrik Hahne have, together with the board mutually agreed to step down from his position. Patrik will continue to work in the business during a transition period to ensure an orderly handover of his areas of responsibility.

Comment from the Chairman of the Board
Petteri Saarinen, Chairman of the Board:
“On behalf of the Board, I would like to express my sincere gratitude to Patrik for his significant contribution over many years. Patrik has led Soltech with commitment and determination during a challenging period. At the same time, the Board sees a need for new leadership with experience in running extensive turnaround and transformation programs. We are very pleased to welcome Leif on board, his skills and track record are well suited to lead the company through this phase.”
  
The Annual General Meeting
The Board of Directors has also decided that the date of the 2026 Annual General Meeting will be 30 June 2026. Notice of the meeting will be issued in accordance with the Companies Act and the Articles of Association.

The annual report for the financial year 2025 is scheduled to be published on 9 June 2026. These decisions are made in the context of giving the incoming CEO sufficient time to familiarize himself with the company’s operations and financial position prior to the Annual General Meeting.

For further information, please contact:
Petteri Saarinen, Chairman of the Board, +46-72 224 16 72, petteri.saarinen@soltechenergy.com

NP Gruppen has a history that spans over five decades. The offering includes both roofing and façade contracts and the company is particularly strong in roofing, waterproofing, sheet metal work, roof painting, service and maintenance. They work on all types of roofs and have a strong focus on quality, competence, long-term customer relationships and framework agreements. With a clear position as an established roofing company with extensive experience, NP Gruppen is an important part of the Soltech Group.

The new framework agreement means that NP Gruppen will have ongoing responsibility for roofing, maintenance and roof safety on SISAB’s school and preschool buildings in Stockholm Municipality over a four-year period, properties where quality, safety and continuity are prioritised.

“This framework agreement is strategically important to us. SISAB is one of Stockholm’s largest and most significant property owners, and to once again have their confidence in a new contract period is strong proof that our quality, competence and our long-term way of working are appreciated. Our offer in roofing and roofing service is based on solid experience, professional skills and a strong service organization. Now we look forward to contributing to safe and well-functioning school properties in the future,” says Niklas Hofsten, CEO of NP Gruppen.

* The agreement is 2+1+1 years and is automatically extended by one year at a time after the initial two years

Soltech Energy Solutions is active in the development, construction and optimization of large-scale and advanced energy systems for property owners, industry and energy companies. The company’s service offering includes total solutions in large-scale energy storage, system integration, smart control, large-scale solar energy solutions and, not least, operation and maintenance.

From design to installation, commissioning and subsequent management of the installations, Soltech Energy Solutions is a partner to corporations, industries and energy companies that need to refine and optimize their energy solutions in line with the changing energy landscape.

In order to broaden the customer base and increase its marketing efforts, the establishment in Finland will be a natural step. The Finnish energy market, just like the Swedish one, is undergoing a rapid transition where increased volumes from solar and wind power make the electricity system more weather independent. To harmonize the balance between electricity production and consumption, solutions are required that can quickly contribute flexibility, frequency regulation and that can balance its variations. Battery parks therefore play a central role to stabilize the frequency of the electricity grid, relieving the burden during power peaks and enabling a more efficient integration of renewable energy sources into the energy mix.

“This deal strengthens our position as a partner in large-scale BESS projects in the Nordic region and represents an important step into a new geographic market. Finland faces the same structural challenges as Sweden, with an electricity system that needs more flexibility and stability through optimized energy resources. This initial project shows that we are a competitive company that can contribute to the important battery development in the country in the future,” says Christoffer Caesar, CEO of Soltech Energy Solutions.

E-Mobility, based in Borlänge, works with charging infrastructure and electrical technology and delivers the design, installation and commissioning of smart charging solutions for both passenger cars and heavy traffic.

The installation has been carried out for Maserfrakt, which is one of Sweden’s largest machine and transport brokerage companies with operations in transport, logistics and construction in several regions of the country. Sustainability in the business, of which electrification is a significant part, is important both for the industry and for Maserfrakt.

“It is great to be entrusted with the design and installation for this projekct that will be Dalarna’s largest charging station for electric trucks. Through the project, we are helping Maserfrakt make a real contribution to the expansion of charging infrastructure for electric trucks in the county,” says Martin Götesson, CEO of E-Mobility.

Important for the transport sector’s transition
Domestic transport accounts for almost a third of Sweden’s total greenhouse gas emissions and is dominated by emissions from road traffic. Large-scale fast charging stations are therefore important to accelerate the transition of the transport sector. They enable the transition to electric transport and at the same time increase the competitiveness of the locations where they are established. For Maserfrakt, this investment is an important part of enabling its 250 partners to invest in electrified transportation.

“In this way, we take responsibility and enable more charging infrastructure in Dalarna. It is an important step in creating the conditions for our partners to invest in more sustainable transport, and now the conditions are in place. The project is also important for TRB, where we are one of ten part-owner companies that jointly run this type of investment,” says Per Bondemark, CEO of Maserfrakt.

The façade company Essa Glas & Aluminium has been part of Soltech since 2022. The company carries out large-scale projects in exterior and interior glass facade solutions, solar facades and roof-mounted solar systems for commercial properties. The business is run from the production facility in Örebro, but the company carries out projects in several of Sweden’s metropolitan regions.

Signalhuset is now undergoing extensive renovation and added extensions. Essa Glas’s assignment is to install several technically advanced façade solutions where prefabricated box facades in wooden frames, cladded with glass, sheet metal and concrete elements, are mounted on the gables and sides of the building. The façade elements are tailored and manufactured in the company’s own workshop in Örebro with very high precision and specially developed technology.

“This is a project with high demands on precision, coordination and material knowledge. We have developed a unique façade solution for Signalhuset where prefabrication and careful production are crucial for both quality and efficient installation. Being part of the development of this property feels very inspiring and we thank Skanska for the confidence shown in us,” says Malin Brunzell, Design Engineer at Essa Glas.

Cassette facades and fiberglass reinforced concrete
The assignment also includes the replacement of existing glass sections on the ground floor and the installation of a high central glass section for light entry into the property’s entrance and atrium. In the upper parts of the building, cassette facades will be installed, and the existing concrete frame will be fitted with new thin GRC elements with textured and relief-embossed surfaces. The company will also build curtain wall sections that will be clad with GRC (fiberglass reinforced concrete), which contributes to the building’s architectural expression and sustainability.

“In the transformation of Signalhuset, the façade is an important part of the building’s new expression. Essa Glas contributes with technically advanced and well-thought-out solutions that meet the project’s high demands on both function and design,” says Stefan Hedenström, Production Manager at Skanska.

Photo: BAU / AMF Fastigheter

In the project, Soltech has been engaged as an expert partner in the final phase of the projects to ensure a correct, efficient and safe installation. The assignment includes technical verification, system integration and final commissioning, where Soltech’s specialist expertise in large-scale solar park projects has been crucial for the plant to be put into commercial operation according to plan.

Hultsfred Solar Park covers an area of approximately 140 hectares, which corresponds to about almost 200 full-size football fields*. The solar park, which now is put into operation and consists of 128.912 panels, will constitute a significant addition of renewable electricity production to the electricity grid and also contribute to increased local biodiversity.

“Being asked to carry out this assignment confirms that a high level of mutual trust and being able to support the commission of one of Sweden’s largest solar parks is an acknowledgement of the strength of our way of working. Through our collaboration with Nordic Solar, we create value across the entire life cycle as we revolutionize the energy landscape together,” says Erik Uddman, Head of Asset Management at Soltech Energy Solutions.

The project is carried out for Nordic Solar, which means that Soltech Energy Solutions continue to gain confidence in their major energy projects. Previously, Soltech has been entrusted with the construction of a battery park totaling 18 MWh for the energy company. The commissioning also strengthen Soltech’s position as a leading industry player in advanced and large-scale energy solutions.

“Now we are making a concrete contribution to Sweden’s energy transition, and as a proud resident of Hultsfred, it feels extra great to be a part of the commission and manage this solar park going forward,” concludes Erik Uddman.

*Football pitch estimated at approx. 7,140 sqm.
Photo: Nordic Solar A/S

Determination of number of board members, election of two new board members, and remuneration to newly elected board members

The meeting resolved, in accordance with the nomination committee’s proposal, for the period until the end of the next annual general meeting, that the board of directors shall consist of six members. Furthermore, the meeting resolved to elect Petteri Saarinen and Joachim Zetterlund as new board of directors and that Ivana Stankovic and Bernt Ingman resign from their duties on the board. It was also resolved that Petteri Saarinen be appointed chair of the board. It is noted that Stefan Ölander, Ove Anebygd, Jacob Langhard-Rosencrantz and Thomas Mejdell will remain as directors of the board.

The meeting also resolved that a yearly remuneration of SEK 300,000 for the directors of the board and SEK 600,000 to the chairman, together with remuneration for any committee work in accordance with the decision of the most recent annual general meeting, shall be paid to each of the newly elected members of the board of directors, and that such remuneration to these members for the period from the time upon which their election takes effect until the end of the next annual general meeting shall be paid in proportion to the length of their respective terms of office.

As stated in the notice, the resolution entails that the 18‑month lock‑up undertaking provided by Stefan Ölander to Nordic Capital in connection with the divestment of Sesol and the completion of the rights issue, as communicated on 4 July 2025, is now terminated.

For detailed information regarding the resolutions, including information on the new board members, please refer to the notice available on the Company’s website, www.soltechenergy.com.

Background
After the acquisition of Sesol was completed in 2025, an action plan was developed with a focus on reversing the negative economic development, taking advantage of synergy effects and identifying long-term sustainable opportunities for the company’s operations in the consumer market. In light of the company’s financial situation and continued challenging market conditions, it was decided in January 2026 to apply for company reconstruction. Attorney Niklas Emthén, Lindskog Malmström Advokatbyrå AB, was appointed as administrator.

Within the framework of the reconstruction, previously communicated measures have been implemented. This includes extensive cost adjustments, organisational changes and renegotiation of collaborations and agreements.

However, at the beginning of 2026, the market situation in the consumer market for solar energy has weakened further as a result of external events that have rapidly affected households’ willingness to invest. The subdued demand has limited the opportunities for Sesol to recover within the framework of the reconstruction. Another influencing factor is suppliers’ commitments that have not been complied with based on the reconstruction procedure, which has negatively affected the possibilities of driving sales forward, ensuring the availability of materials and thus deliveries to meet customer commitments.

Despite implemented efforts, measures and previous financial support from Soltech Energy, Sesol’s Board of Directors makes the overall assessment, in consultation with the administrator, that the reconstruction cannot be carried out to the extent required to bring about a long-term sustainable business.

Bankruptcy trustee now takes over
With a bankruptcy decision, Sesol’s assets are transferred to a bankruptcy estate and a bankruptcy trustee takes over control and responsibility for the operations in accordance with applicable legislation and customary processes, provided that Jönköping District Court approves the proposal for a bankruptcy trustee. The bankruptcy trustee will now handle the continued process. The staff of Sesol will be covered by the state salary guarantee decided by the bankruptcy trustee.

“This is very sad, especially for the employees at Sesol, the company’s customers but also for the Group as a whole. The Board of Directors of Sesol is now handing over the continued process to the bankruptcy trustee, who will manage the business further in accordance with current regulations. We would like to extend our gratefulness to everyone who worked tirelessly in Sesol during the reconstruction,” says Patrik Hahne, CEO, Soltech Energy.

Following today’s decision, the Soltech Group’s operations no longer include any sole consumer-oriented companies, the customer base now primarily consists of corporate customers, within in roofing, façade, electricity, large-scale solar energy, as well as charging infrastructure and energy storage. Within these business areas, Soltech believes that there are good opportunities to create a long-term sustainable and profitable Group.

Annelunds Tak offers complete solutions in roofing contracting, including sedum. Since its entry into the Soltech Group, the company has also developed into a full-range company where solar energy solutions, electric car charging and energy storage are also included in the company’s offering.

The company has extensive experience in roofing for logistics properties and other types of roofing contracts on low-pitched roofs. High quality materials included in the offer and skilled installers are crucial for both reliability and sustainability. Annelunds Tak has signed an agreement with Skeppsviken Bygg i Skövde to contribute to the new production of the extension part of Jula’s distribution center in Skara. The roofing that the company will carry out corresponds to an area of just over six full-size football pitches*.

Jula’s distribution center currently amounts to approximately 180,000 square meters and will grow to just over 220,000 square meters with this expansion.

“It feels fantastic and we are honored to be responsible for the roofing of the new production of Jula’s major logistics expansion. This is a project that really shows the strength of our offering and our capacity and we thank Skeppsviken Bygg i Skövde for the trust. We look forward to contribute in the project with our expertise and to deliver a high-quality project,” says Mikael Markusson, CEO of Annelunds Tak.

The project will start in April and Jula expects the warehouse expansion to be put into operation during 2026.

*Full-size football pitch estimated at 7,140 sqm

Photo: Soltech/Jula

Right to attend the extra general meeting and notice
Shareholders who wish to attend the general meeting must:

1. on the record date, which is Monday 9 March 2026, be registered in the share register maintained by Euroclear Sweden AB (for nominee registered shares, also see below under the heading “Nominee registered shares”); and
2. notify the Company of their participation and any assistants (no more than two) in the general meeting no later than Wednesday 11 March 2026. The notification shall be in writing to Baker & McKenzie Advokatbyrå KB, Attn: Filippa Kronsporre, Box 180, 101 23 Stockholm (kindly mark the envelope “Soltech extra general meeting 2026”), or via e-mail: filippa.kronsporre@bakermckenzie.com. The notification should state the name, personal/corporate identity number, shareholding, address and telephone number and, when applicable, information about representatives, counsels and assistants. When applicable, complete authorization documents, such as registration certificates and powers of attorney for representatives and assistants, should be appended the notification.

Nominee registered shares
Shareholders, whose shares are registered in the name of a bank or other nominee, must temporarily register their shares in their own name with Euroclear Sweden AB in order to be entitled to participate in the general meeting. Such registration (so-called voting rights registration), which normally is processed in a few days, must be completed no later than on Monday 9 March 2026 and should therefore be requested from the nominee well before this date. Voting registration requested by a shareholder in such time that the registration has been made by the relevant nominee no later than on Wednesday 11 March 2026 will be considered in preparations of the share register.

Proxy etc.
A shareholder who wishes to be represented by proxy shall issue a written and dated proxy to the proxy holder. If the proxy is issued by a legal entity, a certified copy of the registration certificate or corresponding document (“Registration Certificate“) shall be enclosed. The proxy must not be more than one year old, however, the proxy may be older if it is stated that it is valid for a longer term, maximum five years. The proxy in original and the Registration Certificate, if any, must be available at the general meeting and a copy should well before the meeting be sent to the Company by regular mail or by e-mail to the address above and should, in order to facilitate the entrance to the general meeting, be at the Company’s disposal no later than on Wednesday 11 March 2026.

A form proxy will be available on the Company’s website www.soltechenergy.com.

Proposed agenda

1. Opening of the meeting and election of chairman of the meeting
2. Preparation and approval of the voting list
3. Approval of the agenda
4. Election of one or two persons to certify the minutes
5. Examination of whether the meeting has been duly convened
6. Determination of the number of board directors, board remuneration, election of the board of directors and election of chairman to the board
7. Closing of the meeting

Proposition for resolution

Item 1: Opening of the meeting and election of chairman of the meeting
The nomination committee proposes that Carl Svernlöv, attorney at law, Baker McKenzie, is appointed as chairman of the extra general meeting.

Item 6: Determination of the number of board directors, board remuneration, election of the board of directors and election of chairman to the board
The nomination committee proposes that the board of directors shall consist of six directors.

The nomination committee does not propose any changes to the board fees resolved by the annual general meeting 2025, which shall remain unchanged. Fees to the newly elected board members, should they be elected, shall therefore be paid in the same amount, pro rata for the term of office until the next annual general meeting.

The nomination committee proposes the election of Petteri Saarinen and Joachim Zetterlund as new board members, and that Ivana Stankovic and Bernt Ingman resign from their duties on the board. Furthermore, it is proposed that Petteri Saarinen be elected as chairman of the board.

The nomination committee also proposes that Stefan Ölander, Ove Anebygd, Jacob Langhard-Rosencrantz and Thomas Mejdell remain as board members.

If the extra general meeting resolves in accordance with the submitted proposals, Nordic Capital and Stefan Ölander have agreed that the 18‑month lock‑up undertaking provided by Stefan Ölander to Nordic Capital in connection with the divestment of Sesol and the completion of the rights issue, as communicated on 4 July 2025, shall be terminated.

More information regarding the proposed elected directors:

Name: Petteri Saarinen

Education: Master of Science from Aalto University and Teknillinen korkeakoulu-Tekniska högskolan.

Current assignments: Petteri Saarinen is currently a board member and chairman of the board, as well as chairman of the remuneration committee and a member of the finance & audit committee, of ProGlove and Autocirc Group AB. He also serves as chairman and chief executive officer of Endeco Group Oy. In addition, he is an industrial advisor to Nordic Capital.

Previous assignments (a selection):

• Board member and Chair of the board of Oy Verman Ab, 2019–2024.
• Board member of Consilium AB, 2020–2024.
• Chief Executive Officer of LEDiL Group Oy, 2019–2024.
• Board member of Dalan Animal Health, Inc., 2020–2022.

Year of birth: 1967

Nationality: Finnish

Shareholding, including closely related parties: No

Independence: Petteri Saarinen is deemed to be independent in relation to the Company and management, and dependent in relation to major shareholders.

___

Name: Joachim Zetterlund

Education: Institute for advanced marketing and education (IHM) and Scandinavian Total Institute of Business (STIB).

Current assignments: Joachim Zetterlund is currently a board member of Allurity AB and FörlagsSystem JAL AB as well as board member and member of the finance and audit committee of LOQ Oy.

Previous assignments (a selection):

• Board member and chairman of the board and the remuneration committee of One Agency Sweden AB, 2017–2021.
• Board member and member of the remuneration committee of Xpeedio Support Solutions AB, 2008–2020.
• Board member, member of the compensation committee and member of the finance and audit committee of Quant AB, 2015–2019.
• Board member, chair of the compensation committee and member of the risk committee of Munters Group AB, 2012–2019.

Year of birth: 1963

Nationality: Swedish

Shareholding, including closely related parties: No

Independence: Joachim Zetterlund is deemed to be independent in relation to the Company, management and major shareholders.

The nomination committee’s complete proposal and motivated opinion as well as further information regarding the proposed directors are available at the Company’s website www.soltechenergy.com.

Number of shares and votes
The total numbers of shares and votes in the Company on the date of this notice are 1,322,793,927. The Company holds no own shares.

Other
The complete proposals, proxy form and other documents that shall be available in accordance with the Swedish Companies Act are available at the Company premises, Birger Jarlsgatan 41A, 111 45 Stockholm, and at the Company’s website, www.soltechenergy.com, at least two weeks in advance of the general meeting and will be sent to shareholders who request it and provide their e-mail or postal address.

The shareholders are hereby notified regarding the right, at the extra general meeting, to request information from the board of directors and managing director according to Ch. 7 § 32 of the Swedish Companies Act.

Processing of personal data
For information on how personal data is processed in relation the meeting, see the Privacy notice available on Euroclear Sweden AB’s website: https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.

______________________________

Stockholm in February 2026
Soltech Energy Sweden AB (publ)
The board of directors