TENT

Triple Point Energy Transition plc

(“TENT” or the “Company” or, together with its subsidiaries, the “Group”)

PUBLICATION OF CIRCULAR REGARDING A PROPOSED MANAGED WIND-DOWN OF THE COMPANY AND RELATED PARTY TRANSACTIONS

AND

NOTICE OF GENERAL MEETING

Further to the announcement of 13 December 2023, the Board of Directors of Triple Point Energy Transition plc (LSE: TENT) (the “Board”), the London Stock Exchange listed investment company focused on building a portfolio of infrastructure investments that support the energy transition, today announces that a shareholder circular (the “Circular”) is expected to be published today regarding the proposed managed wind-down of the Company, which will require the amendment of the Company’s investment objective and Investment Policy.

The Circular also contains a notice convening a general meeting of the Company (the “General Meeting”) at which approval will be sought from Shareholders for:

· the proposed change to the Company’s investment objective and Investment Policy to facilitate the managed wind-down of the Company and orderly realisation of its assets;

· the conditional disposal by TENT Holdings of the Field Debt Facility to Triple Point Leasing Limited (“TPLL”);

· the conditional disposal by TENT Holdings of the LED Facility to Boxed Light Services Limited (“Boxed”) for onward assignment by Boxed to TPLL;

· the associated amendments to the Investment Management Agreement.

The General Meeting will be held at 9.30a.m. on 22 March 2024 at 1 King William Street, London, EC4N 7AF.

The Board will keep Shareholders informed of its intentions concerning returns of capital, mechanisms for which may include tender offers, other schemes for the return of capital and/or the buying back of Shares as the portfolio is realised. Throughout the Managed Wind-Down, the Board will follow the principle of seeking to balance the optimum scale and accompanying costs to the Company of the relevant method of return with the desire to accomplish that return as quickly as practicable, without eroding the value to be distributed.

The Company intends to continue to pay dividends to Shareholders following the commencement of the Managed Wind-Down in line with Shareholder feedback and in order to maintain investment trust status. However the Company does not expect to be able to continue paying dividends at the current rate. The payment of any future dividends to Shareholders and the level of such dividends will depend on the Group continuing to own assets which generate sufficient income and cash flow to cover such dividends.

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Current yield 8%

Current discount to NAV 29%