AMSC ASA: Mandatory notification of trade

16 February 2024 - Peter D. Knudsen, board member of AMSC ASA ("AMSC" or the "Company"), has today acquired 3,000 shares in AMSC through the company Vilja AS. The price per share was NOK 26.1297, which implies a total consideration of NOK 78,389.10. Following the transaction, Vilja AS holds a total of 26,000 shares in AMSC, constituting approximately 0.036% of the Company's shares and votes.

Please see attached primary insider notification form pursuant to the requirements of the Market Abuse Regulation article 19.

This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.