Ferroamp is an innovative technology Company within Greentech that provides a combined hardware and software platform for power and energy optimization in properties. The Ferroamp system integrates renewable energy, energy storage and electric vehicle charging into a local direct current (DC) network, with a connection to the power grid. The Ferroamp system gives the property owner control over the electricity grid connection and makes the property an active resource in the energy landscape.

The technology is used within everything from single family homes to apartment buildings and larger commercial properties, but also has applications outside real estate installations, such as depot charging of electric cars. With the PowerShare technology, several buildings can be connected and share local energy.

The demand for Ferroamp's products is high and has grown significantly in recent years, between 2019 and 2022, net sales increased from SEK 46 million to SEK 205 million, which corresponds to a compound annual growth rate of 65 percent. At the beginning of 2023, Ferroamp communicated that the Company enters 2023 with a record order book of SEK 350 million. During the period 2019 to 2022, the number of employees in the Company has increased from 28 to 68. Ferroamp is an established actor and had, as of 31 March 2023, 6,355 systems installed.

Ferroamp's head office is located in Spånga outside Stockholm. As a result of the continued growth, the Company will move to new premises in Sundbyberg in September 2023. The Company has been listed on the Nasdaq First North Growth Market in Stockholm since March 2019.

Visit www.ferroamp.com for more information about the Company's activities or Ferroamp's investor website for more financial information: https://investor.ferroamp.com/.

Ferroamp is listed on the Nasdaq First North Growth Market. G&W Fondkommission is the Company's Certified Adviser.

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