TURB

Revenue increased 180% year-over-year to a record $17.2 million, reflecting the successful execution of Turbo Energy's AI-driven Intelligent Energy Storage strategy and its evolution toward a higher-value business model VALENCIA, Spain, July 27, 2026 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global technology integrator specializing in AI-driven Intelligent Energy Storage and intelligent energy management solutions, today announced preliminary, unaudited first-half 2026 revenue of $17.2 million, representing record year-over-year growth of 180% and reflecting the continued execution of the Company’s strategic transformation toward a higher-value, Commercial & Industrial-focused business model. The results represent an important milestone in Turbo Energy's strategic transformation, demonstrating how the investments made over the past two years in technology integration, international expansion and higher-value Commercial & Industrial ("C&I") solutions are translating into profitable and scalable growth. First Half 2026 Financial Highlights Preliminary revenue increased 180% year-over-year to $17.2 million, compared with $6.1 million in the first half of 2025. EBITDA (see Non-IFRS Financial Measures below) improved to $0.89 million, compared with ($1.37) million in the prior-year period. Operating income reached $0.61 million, compared with an operating loss of ($1.44) million in the first half of 2025. Net income turned positive at $10,606, compared with a net loss of $1.65 million in the first half of 2025. Operational Highlights More than 130 MWh of battery storage systems delivered in support of the continued execution of the landmark Pamesa Net Zero project. 50 MWh of residential battery storage systems sold through the Company's international distribution network. 4.8 MWh of Commercial & Industrial battery storage deployed across nine projects, supporting industrial facilities and electric vehicle charging applications. Expansion of Turbo Energy Solutions in Chile, strengthening the Company's presence in Latin America. New strategic technology partnerships expanded the commercialization of next-generation intelligent energy management solutions. Commercial & Industrial projects represented 55% of total first-half revenue, confirming Turbo Energy's successful evolution toward a more diversified, higher-value business model centered on integrated energy solutions. By combining advanced battery storage, proprietary software and turnkey project execution, Turbo Energy helps customers optimize energy costs, improve operational resilience and accelerate industrial electrification. Turbo Energy's strong performance during the period was driven by the execution of large-scale C&I projects, continued international expansion and growing demand for integrated energy solutions across industrial markets. During the first half of 2026, the Company further strengthened its international footprint through the expansion of Turbo Energy Solutions in Chile and strategic technology partnerships that broadened the commercialization of its intelligent energy management and storage solutions across new markets. "These results represent much more than a strong financial performance," said Mariano Soria, Chief Executive Officer of Turbo Energy. "They demonstrate that the strategic investments we have made over the past two years in technology, international expansion and Commercial & Industrial solutions are now translating into sustainable, profitable growth. We believe we are entering a new stage in Turbo Energy's evolution, built on a stronger business model, increasing operating leverage and a solid platform for long-term value creation." "Commercial & Industrial solutions have become the primary engine of our growth, while our residential business continues to expand through our international distribution network. Supported by growing demand for intelligent energy management and integrated storage solutions, together with our expanding international presence, we believe we are well positioned to continue scaling our operations, strengthening profitability and creating sustainable value for our shareholders." Looking ahead, Turbo Energy expects continued commercial momentum throughout the second half of 2026, supported by its expanding international project pipeline, the continued execution of strategic C&I projects and growing demand for intelligent energy infrastructure. The Company remains focused on strengthening profitability, expanding recurring revenue opportunities and continuing to build a leadership position in AI-driven Intelligent Energy Storage. The preliminary financial information presented in this press release is subject to the completion of the Company's financial review procedures and may be adjusted prior to the filing of the Company's Form 6-K. The Company currently expects to file its Form 6-K, including its unaudited interim financial statements for the six months ended June 30, 2026, by the end of September 2026. Non-IFRS Financial Measure To supplement the Company’s unaudited interim financial information, management uses EBITDA as a supplemental non-IFRS financial measure to evaluate operating performance. EBITDA is defined as net income (loss) before finance costs, income tax expense (benefit), depreciation of property, plant and equipment, and amortization of intangible assets. Management believes EBITDA provides useful supplemental information because it facilitates period-to-period comparisons of operating performance by excluding certain items that may not be indicative of ongoing operations. Management also uses EBITDA to evaluate operating results and support strategic and operational decision-making. Because EBITDA is a non-IFRS financial measure, it should not be considered in isolation or as a substitute for net income (loss), cash flows from operating activities or any other financial measure prepared in accordance with IFRS. The following table reconciles net income (loss), the most directly comparable IFRS financial measure, to EBITDA: About Turbo Energy, S.A. Founded in 2013, Turbo Energy, S.A. (Nasdaq: TURB) is a global technology integrator specializing in AI-driven Intelligent Energy Storage and intelligent energy management solutions. The Company integrates advanced battery storage, proprietary software and energy management systems into intelligent energy solutions that help residential, commercial and industrial customers optimize energy consumption, reduce costs, improve resilience and maximize the value of their energy assets. As part of Umbrella Global Energy, Turbo Energy plays a strategic role in driving innovation in intelligent energy storage, electrification and software-defined energy management across Europe, North America and Latin America. For more information, please visit www.turbo-e.com. Forward-Looking Statements Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control, including the risks described in the Company’s registration statements and annual reports under the heading "Risk Factors" as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. For more information, please contact: Turbo Energy | Investor RelationsEmail: [email protected]: investors.turbo-e.com

Company Advances Strategic Transformation into an AI-Driven Intelligent Energy Platform and Provides 2026 Outlook VALENCIA, Spain, March 30, 2026 (GLOBE NEWSWIRE) -- Mariano Soria, Chief Executive Officer of Turbo Energy S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of AI-optimized solar energy storage technologies and solutions, today issued a shareholder update highlighting preliminary, unaudited revenue results for fiscal year 2025 with expected revenue in the range of $22.5 million and $23.5 million (€19.5 million - €20.4 million), representing 130%-140% year-over-year growth compared to fiscal year 2024 as Turbo Energy advances its strategic transformation into an AI-driven intelligent energy solutions platform. Soria stated: “Fiscal year 2025 marked a decisive financial and strategic inflection point for Turbo Energy. Based on our preliminary, unaudited internal estimates, we expect to report: Revenue (unaudited) increased in the range of approximately 130%-140% year-over-year to between $22.5 million and $23.5 million (€19.5 million and $20.4 million) in fiscal 2025, ended December 31, 2025, compared to $9.77 million (€8.46 million) in fiscal 2024, ended December 31, 2024. “Delivering up to 140% revenue growth in a single year reflects the successful execution of our strategic transformation and the increasing market demand for intelligent energy storage and management solutions. “During 2025, Turbo Energy accelerated its evolution from a product-focused storage provider into an AI-driven intelligent energy integrator, expanding our capabilities across software, advanced storage systems and integrated energy management solutions. “The global energy landscape is becoming increasingly complex, decentralized and digital. In this environment, long-term value creation increasingly depends on integrating generation, storage and consumption into intelligent systems capable of optimizing performance in real-time and delivering measurable economic results. “Energy storage is rapidly becoming a foundational component of modern energy infrastructure. Competitive advantage increasingly lies in the ability to orchestrate generation, storage, grid interaction and demand management through intelligent software and data-driven analytics. “Throughout 2025, we reorganized our business model to focus on higher-value Commercial & Industrial (“C&I”) and advanced storage projects, emphasizing: End-to-end integration of solar generation, storage and intelligent energy management; Deployment of proprietary AI-driven optimization capabilities; Custom, turnkey solutions tailored to complex industrial clients; Selective international expansion in Europe, Chile and the United States; and Increased operational efficiency and cost alignment to prepare for scale. “We further strengthened our strategic positioning through key validations and partnerships, including UL certification, proprietary technologies supported by patents, collaboration with leading global technology partners and major industrial contracts, such as Pamesa Grupo Empresarial. Fiscal year 2025 revenue (unaudited) includes approximately $10 million in contracted value associated with projects executed with IM2 Energía Solar in connection with jointly developed energy solutions for electro-intensive industrial clients, subject to customary revenue recognition criteria. In these projects, Turbo Energy provides advanced energy storage systems and intelligent energy management solutions. “Demand from the electro-intensive sector continues to accelerate as industrial customers seek greater energy resilience and cost stability amid ongoing volatility in global energy markets. “We also continued developing innovative digital initiatives, including Battery-as-a-Service (BaaS) concepts. “We do not simply sell storage. We deliver integrated, intelligent energy solutions — what we define as Smartergy: Energy For Smart People. “With the structural transformation substantially completed in 2025, management believes fiscal year 2026 will focus on acceleration and disciplined execution. “Among other key milestones, we currently expect: To progress toward achieving positive EBITDA; To continue expansion of contracted backlog across C&I and hybrid utility projects; To increase contribution from intelligent optimization and integrated energy management services, depending upon market adoption; and To potentially gain greater visibility into future revenues supported by executed agreements and committed customer orders. “We believe Turbo Energy is now structurally better positioned to scale efficiently, expand margins and strengthen our position as a technology-driven intelligent energy solutions provider in an increasingly digital and decentralized energy market. “The preliminary financial results described in this press release are unaudited and based on management’s current estimates of our 2025 results. These figures are subject to the completion of our customary year-end financial closing procedures and audit by the Company's independent registered public accounting firm. No assurance can be given that final audited results will not differ materially from these preliminary estimates, and any such differences could be significant. We expect to file our audited financial results for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission in our Annual Report on Form 20-F, which is expected to be filed in April 2026. “In 2025, we believe that we have demonstrated that Turbo Energy can scale revenue rapidly while building the foundations for long-term growth. Moreover, we believe that the transformation we initiated has positioned us not simply to expand, but to scale intelligently. “In closing, I’d like to reiterate that Turbo Energy remains fully focused on disciplined growth and long-term value creation for our shareholders. On behalf of the entire Turbo Energy team, I thank our shareholders for their continued trust and confidence as we enter this next phase of acceleration,” concluded Soria. About Turbo Energy, S.A. Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users across Europe, North America and South America to reduce dependence on traditional energy sources, lower electricity costs, and improve energy reliability. Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A. For more information, please visit www.turbo-e.com. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release include, but are not limited to, statements regarding: (i) the Company’s preliminary, unaudited 2025 revenue expectations of $22.5-$23.5 million; (ii) the Company's strategic transformation into an AI-driven intelligent energy platform; (iii) management's expectations for fiscal year 2026, including progress toward positive EBITDA, expansion of contracted backlog, increased contribution from intelligent optimization and energy management services, and greater visibility into future revenues; (iv) the Company's ability to scale efficiently, expand margins and strengthen its market position; and (v) the expected filing of the Company's Annual Report on Form 20-F in April 2026. These statements are based on current beliefs, expectations and assumptions and are subject to significant risks and uncertainties, including those described in the Company’s filings with the Securities and Exchange Commission under the heading "Risk Factors." Actual results may differ materially from those expressed or implied in any forward-looking statement. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. For more information, please contact: Dodi Handy, Director of Communications Phone: 407-960-4636 Email: [email protected]

Poised for Dynamic Growth Fueled by New $53 Million Industrial Contract VALENCIA, Spain, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Turbo Energy S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced its unaudited financial results for the six months ended June 30, 2025, highlighting a 51.2% improvement in net results. When coupled with the recently announced new $53 million industrial scale contract, these achievements reinforce the Company’s solid financial performance and strong commercial momentum. Financial Highlights for the Six Months Ended June 30, 2025 Compared to Six Months Ended June 30, 2024 Net results improved by 51%, reducing the net loss to €1.40 million, or €0.03 per ordinary share, from a net loss of €2.86 million, or €0.05 per ordinary share, reflecting progress toward profitability and stronger financial performance. Operating performance strengthened by 57.5%, with operating loss reduced to €1.16 million from €2.74 million, supported by enhanced gross margins and efficiency gains. Total revenue reached €5.51 million – up from €4.95 million, driven by the growing market adoption of the Company’s SUNBOX smart energy storage systems and expanding commercial activity across key markets. “The first half of 2025 marked a pivotal turning point for Turbo Energy,” said Mariano Soria, Chief Executive Officer. “Our disciplined execution is translating into stronger financial performance, expanding commercial traction and accelerating adoption of our AI-driven solar storage systems. With two milestone contracts secured and multiple international markets opening, Turbo Energy is well positioned for a breakout year in 2026.” Key Operational Highlights and Recent Developments Major Commercial Agreements In September 2025, the Company announced two milestone projects: An agreement to supply Turbo Energy’s proprietary SUNBOX Industry energy storage solutions to power Uber’s electric vehicle (“EV”) fleet in Spain. A $53 million contract to deploy 366 MWh of solar energy storage capacity across more than ten industrial facilities in Spain, one of the largest commercial and industrial storage projects in Europe. Expansion of Product Portfolio During the first half of 2025, the Company launched SUNBOX Home Lite, a compact and safe all-in-one storage system for homes with energy needs of up to 10 kWh, featuring a design that enhances compactness, ergonomics and aesthetics. In October 2025, Turbo Energy unveiled SUNBOX Industry Max, a next-generation 5 MWh energy storage system engineered for electro-intensive industries. Paired with Turbo Energy’s tailor-made AI-driven software service, the system provides power outage protection, intelligent energy savings, and customized load management for each customer in complex industrial operating environments. Geographic and Market Expansion Turbo Energy continued to execute on its global expansion strategy: Established Turbo Energy Solutions (“TES”), launching a Battery-as-a-Service (BaaS) model for commercial and industrial customers in Latin America. Secured UL 9540 and UL 5500 certifications for SUNBOX Home, positioning the Company to enter the U.S. residential solar storage market; and partnered with Connection Holdings to spearhead its U.S. market rollout. Innovation and Technology Development In June 2025, the Spanish Patent and Trademark Office granted Turbo Energy Patent No. iP202430282, protecting its proprietary system for integrating energy storage and expanding photovoltaic generation in existing solar installations. The patented technology enables the seamless addition of battery storage and new PV panels without complex retrofitting, improving energy efficiency and grid flexibility. This milestone underscores Turbo Energy’s commitment to developing advanced, AI-enhanced solutions that are helping to drive the global transition to renewable energy. Leadership and Governance In October 2025, Turbo Energy appointed Lucia Tamarit as Chief Financial Officer, succeeding Alejandro Moragues. Earlier in the year, the Company welcomed Julian Groves to its Board of Directors, bringing decades of global experience in distribution, logistics and capital markets. For more detailed information relating to the Company’s results, please refer to the Current Report on Form 6-K furnished to the U.S. Securities and Commission and found at www.sec.gov or on the Company’s website at https://investors.turbo-e.com/sec-filings. “Turbo Energy enters the second half of 2025 with powerful momentum,” added Soria. “Our focus remains clear – drive profitable growth, scale our global presence and lead in the transition toward intelligent, sustainable electrification. With our expanding portfolio of patented AI-enabled technologies and strong commercial pipeline, we believe Turbo Energy is well positioned to create lasting value for our shareholders.” About Turbo Energy, S.A. Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s elegant all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users expanding across Europe, North America and South America to materially reduce dependence on traditional energy sources, helping to lower electricity costs, provide peak shaving and uninterruptible power supply and realize a more sustainable, energy-efficient future. A testament to the Company’s commitment to innovation and industry disruption, Turbo Energy’s introduction of its flagship SUNBOX represents one of the world’s first high performance, competitively priced, all-in-one home solar energy storage systems, which also incorporates patented EV charging capability and powerful AI processes to optimize solar energy management. Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A., a vertically integrated, global collective of solar energy-focused companies. For more information, please visit www.turbo-e.com. Forward-Looking Statements Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control, including the risks described in the Company’s registration statements and annual report under the heading "Risk Factors" as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. For more information, please contact: At Turbo Energy, S.A. Dodi Handy, Director of Communications Phone: 407-960-4636 Email: [email protected]