NextEnergy Solar Fund Limited

Fourth Interim Dividend Declaration
NextEnergy Solar Fund, a leading specialist investor in solar energy and energy storage, is pleased to announce its fourth interim dividend of 2.11p per Ordinary Share for the quarter ended 31 March 2026, in line with its previously
stated target of paying dividends of 8.43p for the year ended 31 March 2026.


The fourth interim dividend of 2.11p per Ordinary Share will be paid on 30 June 2026 to Ordinary Shareholders on the register as at the close of business on 15 May 2026. The ex-dividend date is 14 May 2026.

Note the dividend fcast for the year ending 31 March 2027 has been reduced to 4p. A current yield around 9%.

New focus on total returns

Following its strategic review, NextEnergy Solar Fund’s (NESF’s) board plans to refocus on delivering both income and capital growth, aiming for long-term total returns of 9%-11%. This year’s dividend target of 8.43p will be met, but future dividends will be set at 75% of operating free cashflows after debt and expenses. For the year ending 31 March 2027 (FY27), the estimated dividend range is 4.0p-4.6p.