Paris, Jan. 02, 2025 (GLOBE NEWSWIRE) -- THIS DOCUMENT IS AN UNOFFICIAL ENGLISH-LANGUAGE TRANSLATION OF THE FRENCH LANGUAGE PRESS RELEASE WHICH WAS PUBLISHED BY THE OFFEROR ON 2 JANUARY 2025. IN THE EVENT OF ANY DIFFERENCES BETWEEN THIS UNOFFICIAL ENGLISH LANGUAGE TRANSLATION AND THE OFFICIAL FRENCH LANGUAGE PRESS RELEASE, THE OFFICIAL FRENCH LANGUAGE PRESS RELEASE SHALL PREVAIL.

PRESS RELEASE ON THE FILING OF A DRAFT OFFER DOCUMENT RELATING TO THE SIMPLIFIED TENDER OFFER for the Neoen shares ("Shares") and bonds convertible into and/or exchangeable for new and/or existing Neoen shares ("OCEANEs") initiated by Brookfield Renewable Holdings SAS presented by TERMS OF THE OFFER: EUR 39.85 per share of Neoen EUR 48.14 per 2020 OCEANE of Neoen EUR 101,382.

00 per 2022 OCEANE of Neoen DURATION OF THE OFFER: 21 Trading Days The timetable for the simplified tender offer referred to herein (the " Offer ") will be set by the French stock market authority ( Autorité des marchés financiers ) (the " AMF ") in accordance with the provisions of its general regulation (the " AMF General Regulation ") This press release (the " Press Release ") was prepared by Brookfield Renewable Holdings and published pursuant to Article 231-16 of the AMF General Regulation. The Offer and the draft offer document remain subject to review by the AMF. IMPORTANT NOTICE The Press Release must be read together with all other documents published in connection with the Offer.

In particular, in accordance with Ar.