Merus Power Plc, Company Announcement, 21.2.2023 klo 12.00

Merus Power Plc has today published its Annual Report, Sustainable Report, and Remuneration Report 2023. The annual report contains a business review, the financial statements, and the board of directors’ Report.

The Annual Report, Sustainable Report, and Remuneration Report are available as PDF files attached to this release and on the company's website at https://sijoittajat.meruspower.fi/en/for-investors/reports-and-presentations/.

Merus Power Plc

Board of Directors

For more information
Kari Tuomala, CEO, kari.tuomala@meruspower.com, +358 20 735 4320

Jonna Kannosto, Marketing and Communications Director, jonna.kannosto@meruspower.com, +358 44 357 8320

Aktia Alexander Corporate Finance Oy, certified adviser, +358 50 520 4098

Distribution:

Nasdaq Helsinki Oy

Financial Supervision Authority

Key media

Merus Power in Brief:

Merus Power is a technology company driving the sustainable energy transition. We design and produce innovative electrical engineering solutions such as energy storages and power quality solutions, and services for the needs of renewable energy and industry. Through our scalable technology, we facilitate the growth of renewable energy in the electricity grids and improve the energy efficiency of society. We are a domestic specialist in innovative electrical engineering and operate in global and high-growth markets. Our personnel represent internationally renowned engineering expertise. Our net sales in 2023 was 29.0 million euros and our stock’s trading symbol on the Nasdaq First North Growth Market Finland is MERUS.

The original of this document has been made in Finnish. In case of any discrepancy, the Finnish version will prevail.