Dividend Declaration

9 May 2025

Aquila European Renewables plc

Dividend Payment

The Board of Aquila European Renewables plc (the "Company") is pleased to declare the first interim dividend for the year to 31 December 2025 of 0.79 cents per Ordinary share which will be designated as an interest distribution in its entirety. The dividend will be paid on 13 June 2025 to shareholders who appear on the register on 23 May 2025. The Company's Ordinary shares will be marked ex-dividend on 22 May 2025.

Shareholders should note that the default payment currency is Euro, however, shareholders can elect to have their dividends paid in Sterling. The last day for currency elections to be registered is 30 May 2025. Currency elections should be submitted via CREST in the usual manner. Certificated shareholders can access a currency election form via the Registrar's website at www.investorcentre.co.uk. The Company will announce the Sterling dividend rate in respect of the first quarterly dividend on 2 June 2025.

For further details contact:

Media contacts:

Edelman Smithfield

Ged Brumby 07540-412301

Corporate Broker:

Deutsche Numis Securities 020 7260 1000

George Shiel

Hugh Jonathan

NOTES

www.aquila-european-renewables.com

LEI: 213800UKH1TZIC9ZRP41