Merus Power Plc: Notification in accordance with chapter 9, section 10 of the Securities Market Act on a change in holdings – Turret Oy Ab

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25.6.2025 18:00:01 EEST | Merus Power Oyj | Company Announcement Merus Power has on 25 June 2025 received a notification in accordance with the Securities Market Act, according to which the holdings of shares and votes of Turret Oy Ab in Merus Power Plc have fallen below the threshold of 5% 25 June 2025 . The holdings of shares and votes of Turret Oy Ab have fallen below the threshold of 5% as a result of a directed share issue carried out by Merus Power Plc . Total position of person(s) subject to the notification obligation:    % of shares and voting rights  % of shares and voting rights through financial instruments  Total of both in %  Total number of shares and voting rights of the issuer  Resulting situation on the date on which threshold was crossed or reached  Less than 5%     Less than 5%  8 116 050  Position of previous notification (if applicable)   5.07%      5.07%         Notified details of the resulting situation on the date on which the threshold was crossed:    Number of shares and voting rights  % of shares and voting rights  Class/type of shares  ISIN code  Direct (SMA 9:5)  Indirect  (SMA 9:6 ja 9:7)  Direct  (SMA 9:5)     Indirect (SMA 9:6 ja 9:7)     FI4000506902  387 500     4.77%     SUBTOTAL  387 500  4.77 %    Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:  Name  % of shares and voting rights  % of shares and voting rights through financial instruments  Total of both  Paul Ehrnrooth  38.23% of shares,  68.84% of voting rights    38.23% of shares,  68.84% of voting rights  Sophia Ehrnrooth  30.34% of shares,  15.58% of voting rights    30.34% of shares,  15.58% of voting rights  Jacob Ehrnrooth  30.34% of shares,  15.58% of voting rights    30.34% of shares,  15.58% of voting rights    After 25 June 2025 , Turret Oy Ab holds 4.77% of the shares and votes. Distribution:  Nasdaq Helsinki Oy  Key media  www.sijoittajat.meruspower.fi/en  Disclosure regulation The original of this document has been made in Finnish. In case of any discrepancy, the Finnish version will prevail. Contacts Aktia Alexander Corporate Finance Oy , Certified Adviser, +358 50 520 4098 Kari Tuomala , CEO, +358 20 735 4320, [email protected] About Merus Power Oyj 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 2024 was EUR 35.8 million and our stock’s trading symbol on the Nasdaq First North Growth Market Finland is MERUS. © STT Info Finland, source STT Info English Regulatory Releases

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