Soltec begins new stage after approving Restructuring Plan and capital increase

• The transaction includes the reduction and subsequent simultaneous increase of share capital through the issuance of more than 365,000 new ordinary shares.
• The plan is part of the path the company has charted to restore financial stability, strengthen its capital structure and ensure the continuity of its business.

Molina de Segura (Murcia), September 1, 2025. Soltec held an Extraordinary General Shareholders’ Meeting this Monday, at which it approved its Restructuring Plan, a key step to ensure the company’s continuity and strengthen its long-term viability. The approved agreement provides for a reduction of the Company’s share capital and a simultaneous increase through the conversion into capital of the capitalizable loan previously granted to the company, involving the issuance of more than 365,000 new ordinary shares.

The Restructuring Plan includes a set of financial and operational measures aimed at consolidating Soltec’s competitiveness. Among them is a debt restructuring process with banks, suppliers and creditors, providing for an average reduction of approximately 50% and new deferred payment schedules. In addition, the plan includes financial reinforcement through the entry of a new strategic partner with a contribution of €30 million in capitalizable loan, €15 million in liquidity, and the provision of guarantees to reactivate commercial activity.

The company will continue divesting from non-strategic activities, such as the EPC and asset management divisions, to focus resources on its core business, the solar tracker division, which generated revenue of €300 million and delivered 3.7 GW in 2024. At the same time, more than 40 internal initiatives have been launched, focused on operational efficiency, financial control and treasury management.

The Meeting also agreed to delegate to the Board of Directors the interpretation, development and execution of the agreements, as well as the powers necessary to formalize them as a public deed and their subsequent registration.

During the session, Soltec’s CEO, Mariano Berges, stated: “With the approval of this Restructuring Plan, we take a decisive step to ensure the company’s continuity and lay the groundwork for a more solid future. With a renewed team, a strategic partner and a reinforced financial structure, Soltec is ready to face the sector’s upcoming challenges with confidence.”

With more than two decades of track record and over 20 GW supplied, Soltec remains committed to innovation and sustainability, aiming to continue leading the evolution of the solar sector globally.