T1 Energy Defers Issuance of 9,962,645 Shares to Evervolt Under Ownership Cap

• T1 Energy elected to issue 9,962,645 common shares to Evervolt for a $30 million intellectual property payment due October 15, 2026.
• Issuance is deferred under a restriction preventing Evervolt from beneficially owning more than 4.99% of outstanding common shares.
• Another 2,246,377 shares remain deferred from 7,246,377 shares designated for the $25 million second payment due September 30, 2026.
• The intellectual property purchase price totals $133 million, excluding a $2 million call option premium.
• Shares issued as payment are exempt from Securities Act registration under Section 4(a)(2).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. T1 Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-111378), on October 21, 2026, and is solely responsible for the information contained therein.