Important Additional Information Has Been Filed with the SEC
Copies of the Schedule TO and Prospectus/Offer to Exchange will be available free of charge at the website of the SEC at www.sec.gov. Requests for documents
may also be directed to D.F. King & Co., Inc. at (800) 967-7635 (for warrant holders) or (212) 269-5550 (for banks and brokers) or via the following email
address: allego@dfking.com. A registration statement on Form F-4 relating to the securities to be issued in the Offer has been filed with the SEC but has not yet become effective. Such securities may
not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
This announcement is for informational
purposes only and shall not constitute an offer to purchase or a solicitation of an offer to sell the Warrants or an offer to sell or a solicitation of an offer to buy any Ordinary Shares in any state in which such offer, solicitation or sale would
be unlawful before registration or qualification under the laws of any such state. The Offer and Consent Solicitation are being made only through the Schedule TO and Prospectus/Offer to Exchange, and the complete terms and conditions of the Offer
and Consent Solicitation are set forth in the Schedule TO and Prospectus/Offer to Exchange.
Holders of the Warrants are urged to read the Schedule TO and
Prospectus/Offer to Exchange carefully before making any decision with respect to the Offer and Consent Solicitation because they contain important information, including the various terms of, and conditions to, the Offer and Consent Solicitation.
None of the Company, any of its management or its board of directors, or the information agent, the exchange agent or the dealer manager makes any
recommendation as to whether or not holders of Warrants should tender Warrants for exchange in the Offer or consent to the Warrant Amendment in the Consent Solicitation.
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About Allego
Allego is a leading provider of electric vehicle charging solutions, dedicated to accelerating the transition to electric mobility with 100% renewable energy.
Allego has developed a comprehensive portfolio of innovative charging infrastructure and proprietary software, including its Allamo and EV Cloud software platforms. With a network of almost 35,000 charging ports (and counting) spanning 15 countries,
Allego delivers independent, reliable, and safe charging solutions, agnostic of vehicle model or network affiliation. Founded in 2013 and publicly listed on the NYSE in 2022, Allego now employs a team of 220 people striving every day to make
charging accessible, sustainable, and enjoyable for all.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are forward-looking statements within the meaning of U.S. federal
securities laws. Forward-looking statements may generally be identified by the use of words such as believe, may, will, estimate, continue, anticipate, intend,
expect, should, would, plan,, project, forecast, predict, potential, seem, seek, future, outlook,
target or other similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include,
without limitation, Allegos expectations with respect to future performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially, and potentially adversely, from
those expressed or implied in the forward-looking statements. Most of these factors are outside Allegos control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (i) changes adversely
affecting Allegos business, (ii) the price and availability of electricity and other energy sources, (iii) the risks associated with vulnerability to industry downturns and regional or national downturns, (iv) fluctuations in
Allegos revenue and operating results, (v) unfavorable conditions or further disruptions in the capital and credit markets, (vi) Allegos ability to generate cash, service indebtedness and incur additional indebtedness,
(vii) competition from existing and new competitors, (viii) the growth of the electric vehicle market, (ix) Allegos ability to integrate any businesses it may acquire, (x) Allegos ability to recruit and retain
experienced personnel, (xi) risks related to legal proceedings or claims, including liability claims, (xii) Allegos dependence on third-party contractors to provide various services, (xiii) data security breaches or other
network outage, (xiv) Allegos ability to obtain additional capital on commercially reasonable terms, (xv) Allegos ability to remediate its material weaknesses in internal