Electrifying the world with Offshore Floating Solar

Why invest:

SolarDuck is building the world’s leading offshore floating solar company while offering societies access to affordable renewable electricity, through the delivery of turnkey and profitable offshore floating solar solutions.

Key investment highlights

Fast growing market

  • Exponentially growing solar market moving offshore.
  • Levelized cost of electricity (LCOE) of floating solar is already becoming competitive.
  • Floating solar market to grow to Gigawatt scale by 2030, with Governments pushing for large scale deployments.

SolarDuck's unique offering

  • SolarDuck has developed an innovative and highly scalable floating solar platform solution.
  • First pilot ("King Eider") launched in April 2021 and successfully connected to grid.
  • Floating solar platform has obtained certificate of design from Bureau Veritas.
  • Mid 2023, SolarDuck will launch the offshore pilot "Merganser", which will be located in the North Sea.

Strong pipeline

  • SolarDuck has a pipeline of >3GWp
  • Focus on specific market segments:
    • Hybrid - combination with wind,
    • Stand Alone - powering sun rich but wind scarce regions (cities and islands)
    • Offshore Microgrids - powering offshore assets.
  • Working together with strong regional and global partners.
  • Having in-house knowledge to perform financial and technical analyses.

Power to Execute

  • International and fast growing team.
  • Global presence with offices in the Netherlands, Norway and Japan.
  • Management with demonstrated ability to develop solutions.
  • Extensive network in energy project development.

Capital raise to fund commercialization

  • Full year validation of 0.5 MWp North Sea demonstrator “Merganser’’ in one of the
  • world’s toughest offshore conditions
  • Scale-up of organization to >80 FTE to beready for executing commercial traction
  • Delivery of first commercial projects inAsia, Middle East and Caribbean
  • Development of “sunbelt” design to servetarget market with mild conditions
  • Engineering of first large scale (>40MW)pop-up near site assembly line
  • Framework for future independent powerproducent

Share information

IR Policy: SolarDuck goals is that all participant in the financial markets have simultaneous access to accurate, clear, relevant and complete information about the Company’s performance and market position. In addition, we comply to relevant laws and the Continuing Obligations for companies admitted to trading on Euronext Growth Oslo.

Key share info

Market place

Euro Next Growth Oslo

Ticker

-

Trading Currency

NOK

Latest share price development, trade volumes and other share information can be found on Euronext Growth.

All our stock exchange notices can be found Euronext Growth Oslo Newsweb.

Dividend policy: SolarDuck is in a growth phase and does not expect to pay any dividends in the near future. Any future decision to pay dividends will depend on the company’s financial position, operating profit and capital requirements.

Main Shareholders

Investor

Ownership

Shares

Investor 01

5%

125,000

Investor 02

5%

125,000

Investor 03

5%

125,000

Investor 04

5%

125,000

Investor 05

5%

125,000

Investor 06

5%

125,000

Investor 07

5%

125,000

Investor 08

5%

125,000

Investor 09

5%

125,000

Investor 10

5%

125,000

Investor 11

5%

125,000

Investor 12

5%

125,000

Investor 13

5%

125,000

Investor 14

5%

125,000

Investor 15

5%

125,000

Investor 16

5%

125,000

Investor 17

5%

125,000

Investor 18

5%

125,000

Investor 19

5%

125,000

Investor 20

5%

125,000

Total

100%

1,500,000

Updated as of 17.06.2021

Primary insiders

Investor

Ownership

Shares

Investor 01

5%

125,000

Investor 02

5%

125,000

Investor 03

5%

125,000

Investor 04

5%

125,000

Investor 05

5%

125,000

Investor 06

5%

125,000

Investor 07

5%

125,000

Investor 08

5%

125,000

Investor 09

5%

125,000

Investor 10

5%

125,000

Updated as of 17.06.2021

Investor Contact

SolarDuck

Anna GrebenchtchikovaCFOAnna.Grebenchtchikova@Solarduck.tech

Analysts

NameCFOperson@email.comTel: 1122334455

Auditor

NameCFOperson@email.comTel: 1122334455

Financial Calendar

Type

Date

Annual report

Wednesday 24 March 2022

Annual report

Wednesday 27 June 2022

Annual report

Wednesday 11 April 2022

We intend to announce our results 7:00 am CET(CEST). The results will be available on our website under Reports and Presentations through Euronext Oslo Børs's Newsweb. We practice a silent period of two weeks ahead of result announcements.

Reports and Presentations

Media from webcasts

Annual General Meetings