On 29 September 2025, EAM informed the market that Igor Akhmerov had, once
again, brought a request for injunction against EAM in Oslo. EAM noted the
suspicious timing of this request. 

On 16 January 2026, the sole hearing took place in the Oslo District Court on
this matter.  Today EAM has received the decision of the court. 

The judge has dismissed Mr. Akhmerov's request and ordered Mr. Akhmerov to pay
to EAM NOK 231 400 for legal fees. 
 
The Court did not feel that Akhmerov's case was sufficiently grounded or
documented. The Court also questioned Akhmerov's motives, writing:

"The court also shares EAM's view that the seizure requests were filed at times
that indicate that Akhmerov is not primarily seeking to secure his alleged
claim, but rather to thwart EAM's attempts to raise capital."

The company remains available for questions or clarifications. For further
information, please contact:

Erik Brandon Reisenfeld, CEO, phone +479055 3658, erik@eam.no
Viktor E Jakobsen, Chair, phone +47 9161 1009, viktor@eam.no
   
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.