eEnergy Group Regulatory News (EAAS)

22 June 2026

eEnergy Group plc

("eEnergy", "the Company" or "the Group")

Trading Update

eEnergy (AIM: EAAS), which designs and delivers energy-saving and energy-generating solutions to its customers reducing their costs and mitigating the impact of future increases in energy costs, will hold its Annual General Meeting ("AGM") at 11am at Fieldfisher, Riverbank House, 2 Swan Lane, London, EC4R 3TT on 25 June 2026. The Company also provides a trading update.

Ahead of the AGM, the Group's Chair, Andrew Lawley, has issued the following statement:

"Following the appointment of John Gahan as Interim CEO, we have conducted a detailed review of the pipeline of potential sales opportunities. Consequently, the Board now believes that investment grade opportunities equivalent to £66m more fairly reflect the level of live opportunities that the business could potentially convert into revenue in the short to medium term.

"John Gahan was appointed as the Interim CEO in May 2026 and commenced a restructuring and cost saving exercise to simplify the reporting structure and right size the cost base. In total, this exercise is expected to reduce annual operating costs by almost a third and generate annualised total savings of circa £2.0m in FY26 (FY25 operating costs of circa £6.3m). The cost reduction exercise is expected to improve H2-26 Adjusted EBITDA by circa £1.0m. H1-26 will include an exceptional restructuring charge of circa £0.5m in respect of the restructuring exercise implemented in June 2026.

"The Board now expects H1-26 Revenue of circa £22.0m (H1-25: £10.1m) and H1-26 Adjusted EBITDA of circa £1.2m* (H1-25: £0.5m*).

"Following the detailed review and significant reduction in pipeline revenue, the Board now expects FY26 Revenue to be circa £32.0m (previously £38.0m; FY25: £19.0m) with FY26 Adjusted EBITDA of £1.7m* (previously £4.5m*; FY25: £2.2m*)."

Notice of interim results

The Board expects to announce the Interim Results for the six months ending 30 June 2026 on or around 30 July 2026.

Notes

*Adjusted EBITDA is stated post central costs and before share-based payments and exceptional items (including redundancy costs and payments in lieu of notice) which are those items which, in the opinion of the Directors, should be excluded to provide a consistent and comparable view of the underlying performance of the Group's ongoing business.

The person responsible for arranging for the release of this announcement on behalf of eEnergy is John Gahan, Interim Chief Executive Officer.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

For further information, please visit www.eenergy.com or contact:

About eEnergy Group plc

eEnergy (AIM: EAAS) is a UK-based Energy-as-a-Service (EaaS) provider, funding and delivering energy-saving and energy-generating solutions across multi-site public sector and commercial portfolios-helping customers cut energy waste, reduce operating costs, and improve building resilience with zero upfront cost.

eEnergy delivers four core solutions:

· Reduce: LED lighting and controls

· Generate: Solar PV (rooftop, ground mount, and carport)

· Store: Battery storage (store onsite generation and reduce peak-time import costs)

· Charge: EV charging infrastructure and management

Projects are funded through dedicated third-party debt facilities, including up to £100m of project funding via eEnergy's partnership with Redaptive.

eEnergy's routes to market include direct sales, public sector frameworks, tenders, and strategic partnerships. The Group holds positions on five major procurement frameworks; CCS (Crown Commercial Service), LASER, Lexica/NHS London, NHS Commercial Solutions Framework, and Proactis (YPO) and is an Office for Zero Emission Vehicles (OZEV) approved EV charge point installer.

The Group has delivered over 1,200 projects and has installed c.590,000 LEDs, improving learning environments for c.520,000 students.

eEnergy is a market leader in the education sector and has been awarded the London Stock Exchange's Green Economy Mark. The Company is also recognised in the 2025 UK Fast Growth 50 Index within the Fastest Growing Green Firms 2025 list, and holds an EcoVadis Bronze Medal with a score of 61/100, placing it in the top third of more than 130,000 organisations assessed globally.

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