Nexergy Provides Update on Enexergy Launch and Shareholder Administrative Process

Nexergy wishes to make clear that the previously announced 1:1 allocation to eligible shareholders remains an administrative workstream.The Company continues to work with the registrar in order to ensure that this process is completed properly and in accordance with the relevant administrative and governance requirements. Nexergy understands that delays to this process have been frustrating for some shareholders and appreciates shareholders’ continued patience and understanding while this work is being progressed.Shareholders for whom the Company holds a valid email address are expected to receive an email from the registrar giving access to the registrar portal during the coming week in order to view their Enexergy holdings. Shareholders for whom no email address has been provided will not be able to receive such portal access at this stage.