Alternus Energy Group plc

04/25/2024 | Press release | Distributed by Public on 04/25/2024 14:00

CHANGES TO ITS EXECUTIVE OFFICERS

CHANGES TO ITS EXECUTIVE OFFICERS

25 Apr 2024 22:00 CEST

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Issuer

Alternus Energy Group Plc

Alternus Energy Group Plc (OSE: ALT) ("AEG") today announces the resignation of
Joseph E. Duey from his position as Chief Financial Officer of AEG and as Chief
Financial Officer of its majority owned subsidiary, Alternus Clean Energy, Inc.
(NASDAQ: ALCE) ("ALCE"), to be effective as of April 30, 2024. ALCE will be
filing a Current Report on Form 8-K with the US Securities and Exchange
Commission available at www.sec.gov .

Mr. Duey has advised the Company that his decision to step down from the role of
Chief Financial Officer was not based on any disagreement with the Company on
any matter relating to its operations, policies or practices and that he is
pursuing outside interests not in the renewable energy industry. Mr. Duey will
be available to the Company as a part time consultant until May 31, 2024 to
provide transitional services and otherwise assist as needed.

The Company expresses its sincere appreciation to Mr. Duey for his service and
dedication to the Company during his time as CFO of AEG and CFO of ALCE.

With Mr. Duey's departure, both AEG and ALCE will continue its business
operations as usual, and Vincent Browne, AEG and ALCE's current CEO and Chairman
of the Board, will be appointed as interim CFO.

DISCLOSURE REGULATION This information is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act.

ENDS

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Source

Alternus Energy Group Plc

Provider

Oslo Børs Newspoint

Company Name

ALTERNUS ENERGY GROUP PLC

ISIN

IE00BLRPRP89

Symbol

ALT

Market

Euronext Growth