CLN ENERGY LIMITED : EGYPT STEP-DOWN SUBSIDIARY ACQUIRES 100% ORDINARY SHARES OF CLN ENERGY SOLUTIONS.

• CLN Energy Solutions incorporated in Egypt. • Entity will support lithium-ion battery manufacturing in Egypt. • Amount invested: USD 2 million / EGP 100 million. • Shareholding: 99% by C L N General Trading L.L.C Dubai (UAE) and 1% by Mr. Rajiv Seth. Impact: Strategic incorporation to support lithium-ion battery manufacturing and expand energy solutions sector presence.

CLN Energy Ltd

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