SBS SOLAR SRL, A 55% OWNED SUBSIDIARY OF ECOMEMBRANE SPA, SIGNS A FRAMEWORK CONTRACT WITH A LEADING ENERGY OPERATOR FOR THE DESIGN AND SUPPLY OF SINGLE-AXIS SOLAR TRACKERS

Gadesco Pieve Delmona (CR), 20th June 2024 Ecomembrane S.p.A. ("Ecomembrane" or the "Company"), a leading company in the design and construction of gas storage and containment systems for green energy production, listed on the EGM segment of Borsa Italiana S.p.A, announces that SBS Solar S.r.L. (hereinafter also "SBS"), a 55% subsidiary of Ecomembrane S.p.A. and part of the consolidation perimeter, following a tender, has signed a three-yearframework contract with a leading energy operator for the design and supply of "Solaxis" single-axissolar trackers on 9 photovoltaic plants, to be built in the future, with a total installed capacity of over 100MW. For the first 4 plants SBS will have an exclusive right while for the subsequent plants it will have a "last call" right, i.e. to match any other offer received from other suppliers.

The total value of materials purchased under the Framework Contract, for the first 4 plants under exclusivity, is estimated and will not exceed € 6.5 million over a period of 3 years.

Lorenzo Spedini, CEO of Ecomembrane, said: "This contract confirms the validity of SBS SOLAR's technology in the design of single-axis trackers and is an important first step toward the Group's strategy of expanding its offerings in components for the renewable energy sector."

The above amount is indicative and non-binding for the buyer, and the use of the Framework Contract will only take place according to the buyer's actual needs.

Information about Ecomembrane

Ecomembrane S.p.A., with registered office in Gadesco Pieve Delmona (Cremona) and North Little Rock (Arkansas, USA), has been operating in the renewable energies and biogas sector since 2000 and is managed by its Founder and CEO, Lorenzo Spedini. Ecomembrane considers itself one of the founding fathers of the modern era membrane gasholders and is specialised in producing gasholders, heat shields for anaerobic digesters, odour control-covers made in PVC-coated fabric membrane and all parts of products needed for the combustion of biogas and the production of electricity. With 10 patents active in the sector, the Company designs, produces, markets and installs components for biogas and biomethane production plants and gas storage systems such as biogas, methane, CO2, hydrogen. The Company currently has more than 70 employees and is present commercially on all continents and in 40 countries, with offices and production units in Italy and the USA. There are more than 1200 products installed and tested all over the world, from Minnesota (United States) to South Korea, from Italy to Turkey and Malesia. The commercial network is managed directly by Ecomembrane personnel for the Italian and American market, whereas it uses a widespread distributor network for the rest of the world.

Contact details:

Ecomembrane S.p.A.

Operating office

Via Pari Opportunità, 9

Gadesco Pieve Dalmona - Cremona Tel. +39 0372 463599 info@ecomembrane.com

Euronext Growth Advisor

Equita SIM S.p.A.

Marcello Daverio

Tel: +39 02 62041 m.daverio@equita.eu

Press Office

Spriano Communication&Partners

Matteo Russo +39 3479834881 mrusso@sprianocommunication.com

Fiorella Girardo +39 3488577766fgirardo@sprianocommunication.com

Cristina Tronconi +39 3460477901ctronconi@sprianocommunication.com

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Ecomembrane S.p.A. published this content on 21 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2024 07:36:06 UTC.