Common stock to begin trading under the ticker symbol “ADIS” on September 17, 2026; new identity reflects the Company's strategic shift towards distributed energy solutions for commercial and industrial customers Common stock to begin trading under the ticker symbol “ADIS” on September 17, 2026; new identity reflects the Company's strategic shift towards distributed energy solutions for commercial and industrial customers

New York, NY, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Alternus Clean Energy, Inc. (OTC: ALCE, ACLEW) (“the Company,” “Alternus” or “ALCE”), a transatlantic clean energy provider, today announced that it will effect a 1-for-2,500 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Thursday, August 20, 2026, and the Company's common stock will commence trading on the OTC Markets on a post-split basis at the opening of the market on August 20, 2026, pending confirmation by the Depository Trust Company and FINRA. The Company's common stock will continue to trade for the next 20 trading days on the OTC Markets under the trading symbol “ALCED,” after which it will trade under the new symbol “ADIS.” Additionally, a new CUSIP number, 02157G 408, has been assigned as a result of the reverse stock split.