NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, THE UNITED KINGDOM, AUSTRALIA, CANADA, SOUTH AFRICA, NEW ZEALAND, OR JAPAN.

For the purposes of Romanian securities legislation, this announcement does not represent an offer announcement, an advertisement, or a prospectus, an offer or an invitation to buy, sell, subscribe, or any solicitation of such an offer to buy, sell, or subscribe for securities issued by Electro-Alfa International S.A. ("Electro-Alfa International").

The approval visa applied to the public offering prospectus does not constitute a guarantee, nor does it represent any other form of assessment by the ASF (Financial Supervisory Authority) regarding the opportunity, advantages or disadvantages, profit, or risks that may be presented by transactions concluded through the acceptance of the public offer subject to the approval decision. The approval decision only certifies the regularity of the prospectus with respect to the requirements of the law and the rules adopted in its application.

Electro-Alfa Internațional, a Romanian company with over 35 years of experience and one of the top players in the production of electrical equipment and solutions for energy infrastructure, announces the early closure of the Initial Public Offering ("the Offering") for the sale of up to 65,990,507 newly issued shares. The Offering represents approximately 35% of the total number of issued shares and has been running since February 2, 2026, based on the offering prospectus ("the Prospectus") approved by the Financial Supervisory Authority through decision no. 76/28.01.2026.

The public offering was oversubscribed in both the institutional and retail investor tranches, which led to the decision to close early at the end of the trading session related to the public offering in the Bucharest Stock Exchange (“BVB”) system on February 6, 2026. The decision was made together with the intermediaries involved in the offering, SSIF Swiss Capital S.A. and UniCredit Bank S.A.. As of the date of this announcement, the retail tranche is oversubscribed at approximately 5800%, a figure estimated before the closing of the BVB.

“The increased interest in our offer confirms the capital market's confidence in our business model and the development strategy of Electro-Alfa Internațional. We are grateful to investors for their interest and view the listing as an important step in consolidating our position in the regional market. It is a milestone of success in our company's evolution and a unique reference point for the Romanian capital market, with Electro-Alfa International being the first company to close an offer early in the recent history of the Bucharest Stock Exchange,” says George Ciubotaru, Vice-President of the Board of Directors.

Following the early closure, based on the Prospectus approved by the ASF and published on the company's website in the investor relations section, the timeline for subsequent operations is as follows:

• Date of announcement of Offering Shares allocation, the pro-rata allocation factor (regarding the Retail Investor Tranche), and the final number of Offered Shares:February 9, 2026
  
• Transaction Date:February 10, 2026
  
• Settlement Date:February 12, 2026

The funds obtained from the IPO will be used, according to the Prospectus, primarily for: expanding production capacities, investments in technology and digitalization, developing the product and service portfolio, as well as supporting expansion into international markets.

Electroalfa International shares are to be listed on the Bucharest Stock Exchange – Main Market – under the ticker symbol EAI, on the estimated date of March 3.

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 of securities for sale 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 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 implementing 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 counterparties, regardless of distribution channels.

Electro-Alfa International has not authorized any public offering of securities 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 undertaken to make a public offering of securities that requires the publication of a prospectus in a Relevant Member State. Consequently, 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 per Relevant Member State (other than qualified investors as defined in Article 2(e) of the Prospectus Regulation), subject to obtaining the prior consent of the Coordinating Intermediaries for any such offer; or in any other circumstances falling under Article 1(d) of the EU Prospectus Regulation, provided that no such offering of securities requires the publication by Electro-Alfa International, its shareholders, or any of the Coordinating Intermediaries of a prospectus pursuant to Article 3 of the Prospectus Regulation or a supplement to the prospectus pursuant to Article 23 of the Prospectus Regulation. For the purposes of this paragraph, the expression “offering of securities to the public” in any Relevant Member State means the communication, in any form and by any means, of sufficient information on the terms of the offer and the securities to be offered, so as to enable an investor to decide to purchase any securities, as they may vary in that Member State through any measure of implementing the EU Prospectus Regulation, and the expression “EU Prospectus Regulation” means Regulation (EU) 2017/1129 and includes any relevant implementing measure in each Relevant Member State.

This announcement does not represent an announcement of an Offering, 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, nor shall it (in part or in whole) or its distribution form the basis of or be relied upon in connection with any contract. The Offering and distribution of this announcement and other information related to the Offering in certain jurisdictions may be restricted by law, and persons who come into possession of any documents or information referred to in this announcement must inform themselves about and comply with any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities law of any such jurisdiction.

S.S.I.F. SWISS CAPITAL S.A. AND UNICREDIT BANK S.A. are acting exclusively for ELECTRO-ALFA INTERNATIONAL S.A. and no one else in connection with the Offering and will not regard any other person as a client in relation to the Offering and will not be responsible to anyone other than ELECTRO-ALFA INTERNATIONAL S.A. regarding the provision of protection offered to respective clients or regarding the provision of advice in connection with the Offering, the content of this announcement or transaction, or any other matter referred to in this document.

The approval of the Prospectus does not constitute a guarantee or any form of evaluation by the ASF regarding the opportunity, advantages or disadvantages, profit, or risks involved in accepting the Offering, which is the subject of the approval decision; the approval only certifies the compliance of the Prospectus with legal requirements and the rules adopted for its application.