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Photon Energy restructures its activities in Australia PHOTON ENERGY N.V. (NL0010391108)

20-02-2026 20:25:24 | ESPI | 4/2026
oUNI-EN: Photon Energy restructures its activities in Australia

PAP
Data: 2026-02-20

Firma: PHOTON ENERGY N.V.

oSpis tresci:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Nazwa arkusza: REPORT


POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No 4 / 2026
Date of issue: 2026-02-20
Short name of the issuer
PHOTON ENERGY N.V.
Subject
Photon Energy restructures its activities in Australia
Official market - legal basis
Art. 17 ust. 1 MAR
Unofficial market - legal basis
Contents of the report:
The management board of Photon Energy N.V. _the "Company" or the "Group"_ hereby announces its decision to restructure its activities in Australia and to discontinue its activities related to EPC and O_M services for Commercial _ Industrial _"C_I"_ energy projects. The decision has been taken due to continuing margin pressure in the market and ongoing challenges to scale business volumes. In 2025 the Group generated revenues of approximately EUR 6 million and a negative EBITDA of 1.5 million from its C_I activities in Australia.

In line with this decision three subsidiaries, Photon Energy Australia Pty Ltd, A.C.N. 150 054 069, Photon Energy Operations Australia Pty Ltd A.C.N 159 386 311, and Photon Energy Engineering Australia Pty Ltd. A.C.N 159 386 295 _the "Subsidiaries"_ have entered Voluntary Administration under the laws of Australia, namely Section 436A of the Corporations Act 2001, with the intention of finding a going concern solution under new ownership. The impact on the Group's consolidated financial statements is expected to be minor.

The Group will continue with its other activities in the Australian market, including remediation services focused on PFAS chemicals contamination, its investment in RayGen as well as the completion of the asset transfer transaction of the Yadnarie project to AGL.

The Company will provide further updates as required under applicable laws and regulations.
Annexes
File Description

Nazwa arkusza: INFORMATION ABOUT THE ENTITY


PHOTON ENERGY N.V.
_fullname of the issuer_
PHOTON ENERGY N.V. Energetyka _ene_
_short name of the issuer_ _sector according to clasification
of the WSE in Warsow_
1083 HN Amsterdam
_post code_ _city_
Barbara Strozzilaan 201
_street_ _number_
+31 20 240 2570 +31 20 240 2598
_phone number_ _fax_
_e-mail_ _web site_
8500.20.827
_NIP_ _REGON_

Nazwa arkusza: SIGNATURE OF PERSONS REPRESENTING THE COMPANY


SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2026-02-20 Georg Hotar Directo Georg Hotar


Identyfikator raportu jjvuszwyf1
Nazwa raportu UNI-EN
Symbol raportu UNI-EN
Nazwa emitenta PHOTON ENERGY N.V.
Symbol Emitenta PHOTON ENERGY N.V.
Tytul Photon Energy restructures its activities in Australia
Sektor Energetyka (ene)
Kod 1083 HN
Miasto Amsterdam
Ulica Barbara Strozzilaan
Nr 201
Tel. +31 20 240 2570
Fax +31 20 240 2598
e-mail
NIP 8500.20.827
REGON
Data sporzadzenia
Rok biezacy 2026
Numer 4
adres www
Serwis Ekonomiczny Polskiej Agencji Prasowej SA 2026 Copyright PAP SA - Wszelkie prawa zastrzezone.