Savosolar has entered into a contract with newHeat for the supply of a solar heating system in France Savosolar Plc (“Savosolar”) has signed an agreement with newHeat SAS for the turnkey supply of a solar thermal field in Narbonne, France. After the development and design of the project, newHeat will own and operate the facility and sell the heat to the District Heating Company Narbonne. Delivery begins in August, delivery begins in 2021. The size of the Narbonne solar installation is about 3,000 m2 and the value of this market is about 850,000 euros. Delivery to Narbonne is the first of the auctions published by Savosolar on June 11, 2020. Negotiations on the agreement on the implementation of the other project, published in June, are continuing and the parties are working to conclude the agreement as quickly as possible. . The company`s certified advisor is Augment Partners AB, info@augment.se, Tel.: `46 8-505 65 172. Savosolar Plc Managing Director Jari VarjotiePhone: `358 400 419 734E-Mail: jari.varjotie@savosolar.com Savosolar Plc provides the information available in accordance with the Market Abuse Regulation (EU) No 596/2014, “MAR”). This information was communicated to the aforementioned person at 14.30 .m on 8 August 2020.

About Savosolar Savosolar, with its high-efficiency collectors and large-scale solar thermal systems, solar thermal technology has moved on to the next stage. The company`s collectors are equipped with patented nano-coated direct electricity absorbers, and thanks to this state-of-the-art technology, Savosolar helps its customers produce competitive clean energy. Savosolars Vision is the world`s leading supplier of high-performance solar installations. The focus is on major applications such as district heating, industrial heating and real estate systems – market segments with high growth potential. The company mainly provides comprehensive systems ranging from design to installation with the best local partners. Savosolar is considered the most innovative company in the company and wants to remain as such. The company has sold and delivered its products in nearly 20 countries on four continents.