ENSURGE MICROPOWER S/ADR - ENMPY STOCK NEWS

Ensurge Micropower ASA has released its 2021 Remuneration Report, which was referenced in the announcement regarding the company's Annual General Meeting set for May 25, 2022. The report is available on the company's website and highlights the compensation details for its executives.

This information complies with the disclosure requirements of the Norwegian Securities Trading Act under Section 5-12.

Ensurge Micropower (OTCIQ: ENMPY) has filed several provisional patent applications for its innovative solid-state lithium battery technology, designed for 1-100 milliampere-hour (mAh) connected devices. This groundbreaking technology aims to enhance energy density, charging speed, and manufacturability for microbattery products. Key innovations include an ultrathin steel substrate, semiconductor concepts, and anodeless solid-state chemistry, which collectively advance battery performance and reliability. Ensurge's efforts solidify its position in the microbattery sector, promising robust solutions for digital health and IoT applications.

Ensurge Micropower ASA has updated its Financial Calendar for 2022, announcing that the Quarterly Report for Q1 2022 will be published on 25 May 2022, revised from the earlier date of 26 May 2022. This adjustment in the reporting schedule is important for investors tracking the company's performance. The announcement complies with the Continuing Obligations requirements of the Euronext Oslo Børs Rule Book II.

Ensurge has made significant advancements in delivering microbattery customer samples, specifically with the world's first mAh solid-state lithium microbattery. The company successfully achieved unit cells that meet capacity targets and validated packaging materials for their batteries. Key innovations include three times faster charging and high-pulse discharge capabilities. Ensurge is actively preparing to roll out microbattery samples to customers while maintaining strong engagement with existing and new clients. The CEO highlighted a promising market opportunity, indicating a potential for substantial business growth in the coming years.

The Annual General Meeting (AGM) for Ensurge Micropower ASA is scheduled for May 25, 2022, at 9:00 CET. The meeting will take place in both physical and online formats, allowing wider participation. Details regarding attendance forms and guides for online participation are enclosed in the notice. For further inquiries, stakeholders can contact Ståle Bjørnstad, Investor Relations, or Kevin Barber, CEO, via their provided emails. This announcement complies with the disclosure requirements under section 5-12 of the Norwegian Securities Trading Act.

On May 3, 2022, the board of directors of Ensurge Micropower ASA approved the issuance of 161,500 incentive subscription rights to employees as part of the 2021 incentive plan. The exercise price is set at NOK 3.6422 per share. These rights will vest at 50% per year over two years and will expire on June 3, 2026. Following this issuance, the total number of incentive subscription rights outstanding is now 21,098,240.

Ynvisible Interactive Inc. has expanded its license with the Research Institutes of Sweden (RISE), gaining exclusive worldwide rights to key patents in printed electrochromic devices and displays. This strengthens Ynvisible's market position as a leading provider of energy-efficient printed e-paper displays. The company plans to enhance its product offerings through increased collaboration with RISE, leveraging over two decades of research. With 220 unique organizations engaged, Ynvisible aims to capitalize on its unique capabilities in printed electronics manufacturing and stay competitive in the burgeoning e-paper display market.

Ensurge Micropower ASA's Board of Directors approved the annual report for 2021 on April 26, 2022. The financial statements align with the preliminary report from February 2022. However, the auditor's report highlights concerns regarding the company's going concern status. Notably, the Board has decided not to propose a dividend for this fiscal year. The annual report and financial statements can be accessed on the company's website.

Ensurge Micropower ASA's Board of Directors approved the 2021 annual report and financial statements on April 26, 2022. The financial results align with the preliminary report from February 22, 2022. Notably, the auditor's report includes a significant emphasis on the company's going concern status. The Board has opted not to propose a dividend this year. The comprehensive annual report and financial statements are available on the company's website at www.ensurge.com.