#United States #Raleigh, NC #Merger Agreement #Emeren Group #Solar Projects

Emeren Group to Host Extraordinary General Meeting

Emeren Group Ltd, a prominent player in the renewable energy space with a focus on solar and storage solutions, has officially announced the date for its upcoming Extraordinary General Meeting (EGM). Scheduled for October 21, 2025, this meeting will provide shareholders with vital information regarding the company's future and its recent merger proposal.

Meeting Details

The EGM will take place at 10:00 a.m. Eastern Standard Time in Raleigh, North Carolina. Shareholders who wish to participate will have the option to attend in person at 2301 Sugar Bush Road, Suite 510, or join remotely via a live audio webcast. However, it is essential to note that while participation in the webcast is encouraged, only those attending in person or via proxy will be entitled to vote.

Interested shareholders should ensure they meet the eligibility criteria, which have been set for September 15, 2025. This date will determine which shareholders have voting rights at the meeting.

Key Resolutions to be Voted On

During the EGM, several crucial resolutions will be presented to the shareholders:
1. Approval of the Merger Agreement: The primary focus will be to approve the merger agreement dated June 18, 2025, which has since been amended. This agreement outlines the merger of Emeren Group with its subsidiary, Emeren Holdings Ltd., making it a wholly owned subsidiary of Shurya Vitra Ltd. The proposal requires a simple majority for passage.
2. Executive Compensation: There will be a non-binding advisory vote concerning the compensation of named executive officers, which relates to the merger, that shareholders can express their opinions on.
3. Adjournment Vote: In case there aren't enough proxies to make an informed decision on the primary resolutions, shareholders will vote on whether to adjourn the meeting to solicit additional proxies.

It is important to highlight that the date of the EGM could potentially change. Such a postponement would depend on the review process by the U.S. Securities and Exchange Commission regarding the filed transaction statement.

About Emeren Group

Emeren Group, trading under NYSE SOL, is recognized for its significant contributions to the renewable energy landscape, focusing particularly on solar energy and energy storage systems. The company prides itself on managing projects from development through to completion, ensuring that its initiatives reflect both innovation and environmental responsibility. It is key to note that the company's executives emphasize local talent, enabling them to tailor their sustainable solutions to best fit various markets around the globe. To further assist investors and stakeholders, detailed documentation including the notice of the EGM, proxy forms, and annual reports will be accessible through their investor relations page.

For continued developments and investor information, players in the sustainable energy sector are encouraged to visit Emeren's official website.

In conclusion, this upcoming EGM represents a significant moment for Emeren Group as they navigate their future amidst evolving markets and increasing focus on solar energy. Shareholders are urged to stay informed and engaged as these discussions unfold, shaping the direction of Emeren Group and contributing their voices to critical decisions that will influence the company’s path forward.