Scatec Solar ASA: Minutes of Annual General Meeting

Oslo, 30 April 2019: Scatec Solar ASA held its Annual General Meeting on 30 April at 10:00 am CET. A total of 69,121,511 shares, representing 60.76 % of the share capital was represented at the General Meeting.

The General Meeting resolved the Board of Directors’ proposal of a dividend of NOK 0.95 per share. The Company’s shares will trade on Oslo Stock Exchange exclusive the right to receive dividend as from 2 May. The dividend is expected to be paid on or about 15 May 2019. For key information related to the cash dividend, refer to stock exchange release from 25 January 2019.

All proposals were resolved as presented in the notice convening the General Meeting distributed on 29 March 2019 and as further set out in the minutes from the General Meeting attached hereto. Attached is also the revised instructions for the Nomination Committee.

For further information, please contact:

Ingrid Aarsnes, VP Communication & IR
tel: +47 950 38 364      ingrid.aarsnes@scatecsolar.com

About Scatec Solar

Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. A long- term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants and has an installation track record of more than 1 GW. The company has a total of 1.7 GW in operation and under construction in Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa and Ukraine.

With an established global presence and a significant project pipeline, the company is targeting a capacity of 3.5 GW in operation and under construction by end of 2021. Scatec Solar is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SSO’. To learn more, visit www.scatecsolar.com.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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