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For the purposes of Romanian securities legislation, this announcement does not represent an offer announcement, an advertisement, a prospectus, or an invitation to buy, sell, or subscribe, nor any solicitation of such an offer to buy, sell, or subscribe to securities issued by Electro-Alfa Internațional S.A. ("Electro-Alfa Internațional").

Electro-Alfa Internațional Attracts EBRD and NN Pensii as Shareholders, Marking One of the Most Successful Entrepreneurial Listings in Romania

• Electro-Alfa Internațional has completed one of the most successful Initial Public Offerings (IPO) conducted on the Bucharest Stock Exchange for a Romanian entrepreneurial company
• The total amount raised was approximately RON 580 million (EUR 115 million), for approximately 66 million newly issued shares, equivalent to a 35% free-float
• The offer period ran from February 2–11, 2026, and closed early on February 6 due to high demand at the maximum offer price of RON 8.85 per share
• Following the IPO, renowned institutional investors such as the European Bank for Reconstruction and Development (EBRD) and NN Pensii entered the shareholding structure with a stake exceeding 5% each
• Oversubscription of over 5800% in the retail investor tranche led Electro-Alfa Internațional to increase the allocation for this tranche from 10% to 15% of the offer
• Market capitalization after the IPO is approximately RON 1,670 million (≈ USD 390 million / EUR 327 million)
• Shares will be listed on the BVB under the ticker symbol EAI, around March 3, 2026.

Electro-Alfa Internațional, a company with majority Romanian capital and over 35 years of experience, and one of the leading manufacturers of electrical equipment and energy infrastructure solutions, announces remarkable results at the conclusion of its Initial Public Offering on the Bucharest Stock Exchange, where it issued approximately 66 million shares.

Launched on February 2, the offer was closed early on February 6 due to high investor demand in both the retail tranche—where oversubscription exceeded 5800%—and the institutional tranche. Following the IPO, renowned investors such as the European Bank for Reconstruction and Development (EBRD) and NN Pensii entered the shareholding structure with stakes of over 5% each, confirming strong market interest in Electro-Alfa Internațional and its long-term development strategy.

The offering was structured into two tranches: retail and institutional. In the retail tranche, investors who subscribed within the first four days benefited from a 5% discount at a price of RON 8.4075 per share, while institutional subscriptions were made at the maximum price of RON 8.85 per share.

Initially, the retail tranche was set at 10% of the total shares offered. Given the high interest, the company decided to supplement it by an additional 5%, bringing the final allocation for individual investors to 15%. This decision reflects Electro-Alfa Internațional's respect for the interest shown by individual investors and the desire to offer them the opportunity to participate directly in the growth of a Romanian entrepreneurial company with a solid history and clear growth prospects.

Gheorghe Ciubotaru, Founder and Chairman of Electro-Alfa Internațional, stated: “For me, the listing of Electro-Alfa Internațional is a moment of deep emotional significance. Over 30 years ago, we started this journey with hard work, courage, and the belief that we could build something lasting in Romania. We have grown step by step, alongside a dedicated team and partners who stood by us at every stage. The fact that institutions like the EBRD and major pension funds like NN Pensii have chosen to invest in Electro-Alfa Internațional represents a strong validation of our path. At the same time, we are heartened by the trust shown by individual investors. This is a great responsibility, and we will continue to develop the company with the same seriousness, humility, and determination we started with in 1991.”

Victoria Zinchuk, EBRD Head of Office, Romania: „Our partnership with Electro-Alfa Internațional marks an important milestone in consolidating Romania's industrial sector and capital market. We are proud to support a company that combines solid engineering expertise with a strong vision for growth, innovation, and modernization. This investment reflects our confidence in the leadership of Electro-Alfa Internațional and its long-term strategy, and we look forward to working closely together as the company expands its capabilities, accelerates its R&D agenda, and continues to provide high-quality solutions for Romania's critical infrastructure.”

The market capitalization of Electro-Alfa Internațional after the offer stands at approximately RON 1,700 million, equivalent to USD 390 million or EUR 327 million. Electro-Alfa Internațional shares are to be admitted to trading on the regulated market of the Bucharest Stock Exchange under the symbol EAI, with the estimated trading debut date being March 3, 2026.

The funds raised through the IPO will be used to support Electro-Alfa Internațional’s growth strategy, including strategic acquisitions, internal capacity development, investments in energy production and storage, innovation, international expansion, and ensuring the working capital required for participation in major projects.

The IPO was carried out through SSIF Swiss Capital S.A. and UniCredit Bank S.A. as Joint Coordinators, with the law firm Clifford Chance Badea providing legal counsel throughout the process. Through this listing, Electro-Alfa Internațional takes a major strategic step toward consolidating its position in the capital market and accelerating sustainable long-term development.

About Electro-Alfa Internațional

Electro-Alfa Internațional is a company with majority Romanian capital, recognized as a key player in the field of medium and low voltage electrical equipment, EPC (Engineering, Procurement, Construction) works, and energy efficiency solutions. With 35 years of experience and a constant commitment to R&D, digitalization, and innovation, Electro-Alfa Internațional is actively involved in modernizing critical infrastructure in sectors such as energy distribution, rail transport, the nuclear industry, and renewable energy. The company operates four modern production units totaling 25,000 sqm, its own R&D center, and collaborates with over 500 national and international clients. By integrating production, engineering, and execution processes, Electro-Alfa Internațional is a trusted partner for high-impact projects in European energy infrastructure.

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For media inquiries:

Electro-Alfa Internațional S.A.

Elena Rosca elena.rosca@electroalfa.ro

SSIF Swiss Capital

Constantin Brumă

Constantin.bruma@swisscapital.ro

This announcement does not constitute an offer to sell securities in the United States. The securities referred to in this press release have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States. There will be no public offering of securities in the United States.

In the Member States of the European Economic Area (except Romania), this communication is directed only to persons who are "qualified investors" within the meaning of Article 2(e) of the EU Prospectus Regulation (Regulation (EU) 2017/1129). This communication is not an advertisement within the meaning of the applicable measures for the implementation of the EU Prospectus Regulation. In accordance with the requirements of Directive 2014/65/EU, the information contained in this communication is addressed exclusively to eligible and professional counterparts, regardless of distribution channels.

Electro-Alfa Internațional has not authorized any offer of securities to the public in any Member State of the European Economic Area other than Romania. Regarding each Member State of the European Economic Area other than Romania which has implemented the EU Prospectus Regulation (each, a "Relevant Member State"), no action has been or will be taken to make an offer of securities to the public requiring the publication of a prospectus in a Relevant Member State. Accordingly, securities may only be offered in Relevant Member States to a legal entity that is a qualified investor as defined in the Prospectus Regulation; to fewer than 150 natural or legal persons for each Relevant Member State (other than qualified investors), subject to obtaining the prior consent of the Joint Coordinators for any such offer; or in any other circumstances falling under Article 1(d) of the EU Prospectus Regulation.

This announcement does not represent an offer announcement, an advertisement, or a prospectus for the purposes of Romanian securities legislation and does not constitute and is not part of any offer or invitation to sell, and does not represent any solicitation or offer to buy or subscribe for any offered shares or other securities. The offer and distribution of this announcement in certain jurisdictions may be restricted by law, and persons entering into possession of any documents or information referred to in this announcement must inform themselves and comply with any such restrictions.