Energy Solar Tech

FAQs for Investors – Dual Listing on BME Growth and Euronext Growth (France)

Energy Solar Tech will begin trading on Euronext Growth France on December 18, 2025, at market opening.

1. What does it mean for the company to be listed on two markets?
It means that the company’s shares will be admitted to trading simultaneously on BME Growth (Spain) and Euronext Growth Paris (France). No new shares are issued and no offering is made; trading is simply enabled on a second European market.
No. Dual listing does not imply a capital increase or the issuance of new shares.
No. The share capital and the number of shares outstanding remain unchanged.

Yes. The shares maintain a single ISIN and are fully fungible. Investors can buy in one market and sell in the other, depending on the operations of their intermediary.

Since both markets trade in the same currency (EUR) and operate during the same trading hours, price differences should be limited. However, in the early stages of the dual market, there may be greater dispersion, as the arbitrage window needs some time to adjust. The speed with which prices converge will depend on the level of trading activity and the coordination between liquidity providers in both markets.
In euros (EUR), the same as on BME Growth.

Common reasons include:

• Increasing visibility in specialized European markets,
• Expanding the potential investor base,
• Facilitating access to French and pan-European institutional investors,
• Improving aggregate liquidity in the medium term.

This is not a financing operation, but a market positioning and expansion strategy.

The company will continue to comply with the continuous reporting obligations of BME Growth and, additionally, those of Euronext Growth Paris. Relevant events will be published simultaneously in both markets.

No. The political and economic rights of the shares are identical, regardless of the market in which they are traded.
The objective is to increase total liquidity by allowing investors from two European markets to trade the stock. Liquidity may be distributed between both markets, but fungibility and arbitrage maintain price coherence.
No. The dividend policy is not affected by the listing on a second market.

The company will maintain:

• A single financial calendar,
• A single corporate presentation, now also in English,
• Simultaneous publication of regulated information in both markets.

Most intermediaries allow trading in both markets interchangeably. If a formal transfer is required, it is carried out through the clearing and settlement systems (Iberclear and Euroclear France), without impact on ownership.

• ISIN: remains the same.
• Ticker: Yes. The Euronext Growth Paris Ticker will be ALETC (vs. ETC in Spain).

The company adapts its corporate governance policies to comply with the requirements of both markets, without modifying the structure of the board or the rights of shareholders.
No. Dual listing does not alter the shareholding structure or automatically introduce new shareholders.
None. Dual listing does not imply dilution, special fees, or changes in ownership.
Trading will begin on December 18, 2025, and will be communicated through a relevant event and institutional press release.