WBX · Wallbox N.V.

Wallbox N.V. has achieved a pivotal milestone with court approval of its comprehensive financial restructuring plan by the Commercial Court of Barcelona on May 7, 2026. This approval, for a plan originally signed in April 2026, renders it legally binding on all affected financial and non-financial creditors across the Group. The restructuring targets approximately €169.6 million of outstanding financial indebtedness through refinancing and includes a capital increase, which upon completion of routine formalities in the coming days, will establish a new capital structure. This development is critical for investors as it bolsters the company's liquidity position, ensuring continuity of operations as a global provider of EV charging and energy management solutions. CEO Enric Asunción highlighted the creditors' trust and the company's entry into a new phase with a clear roadmap emphasizing strategic markets and decisive profitability measures. Post-restructuring, Wallbox plans to prioritize operational enhancements and cost discipline. While forward-looking statements note risks such as potential delays in effectiveness or modifications during implementation, this approval significantly de-risks the path forward, supporting execution of the business plan amid historical operating losses.