AMSC ASA - Key information relating to payment of cash dividend in December 2023

Lysaker, 30 October 2023

Reference is made to the stock exchange notice published 30 October 2023 regarding the notice of an extraordinary general meeting ("EGM”) in AMSC ASA on 20 November 2023, where AMSC’s Board of Directors has decided to propose to the EGM a dividend to AMSC’s shareholders of USD 0.10 per share of which USD 0.05 per share will be paid in December 2023 and USD 0.05 per share will be paid March 2024. Please see separate key information notice regarding the dividend payment in March 2024.

Dividend amount: USD 0.05 per share

Declared currency: USD

Last day including right: 27 November 2023

Ex-date: 28 November 2023

Record date: 29 November 2023

Payment date: on or about 7 December 2023

Date of approval: The proposed distribution of the cash dividend is subject to approval by the EGM of AMSC ASA to be held on 20 November 2023.

This information is published in accordance with the requirements of the Continuing Obligations.