April 22, 2026
Notification on the increase of the share capital of Eleving Group
Notification on the increase of the share capital of Eleving Group

Notification on the increase of the share capital of Eleving Group

On 13 April 2026, the Luxembourg Business Register (Recueil Electronique des Sociétés et Associations) registered the increase of the share capital of Eleving Group S.A. (hereinafter – the “Company”).

Pursuant to the resolutions of the General Meeting of Shareholders dated 8 August 2024, which approved the employee share option programme of the Company (hereinafter – the “Programme”), as amended from time to time, the Company has increased its share capital in connection with the exercise of options under the Programme.

Key parameters of the share capital increase:

Issuer’s full name

Eleving Group

Issuer’s short name

ELEVR

Securities ISIN code

LU2818110020

Nominal value of one share

EUR 0.01

Number of new shares issued

204,314

Subscription price per new share

EUR 0.01

Aggregate subscription amount

EUR 2,043.14

Share capital increase (nominal amount)

EUR 2,043.14

Share capital before the increase

EUR 1,171,088.24

Share capital after the increase

EUR 1,173,131.38

Total number of shares before the increase

117,108,824

Total number of shares after the increase

117,313,138

The new shares are ordinary shares in dematerialised form with a nominal value of EUR 0.01 each. The new shares carry no special rights or restrictions and will rank pari passu in all respects with the existing ordinary shares of the Company, including as regards entitlement to dividends and voting rights.

The share capital increase has been carried out without pre-emption rights for existing shareholders, as the new shares have been subscribed exclusively by employees of the Company who are beneficiaries under the Programme.

The new shares are expected to be admitted to trading on Nasdaq Riga Stock Exchange’s Baltic Main List under the existing ISIN code LU2818110020 and ticker symbol ELEVR on 23 April 2026, upon completion of the registration and settlement procedures through Nasdaq CSD SE.