Miami, FL – February 11, 2025 – Sono Group N.V. (Sono Group or the Company), parent company of Sono Motors GmbH (Sono Motors), today announced a change to its US stock ticker symbol from “SEVCD” back to “SEVCF”, effective February 11, 2025. The Financial Industry Regulatory Authority (FINRA) confirmed this change on February 10, 2025.

This symbol change follows the successful completion of the Company’s previously announced reverse share split, effective January 6, 2025. As per FINRA regulations, a temporary “D” was added to the symbol for 20 business days after the split. This period has concluded, and the Company’s shares will now trade under “SEVCF” on the OTCQB.

For more information, investors should visit Sono Group’s Investor Relations website at ir.sonomotors.com.

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ABOUT SONO GROUP N.V.

Sono Group N.V. and its subsidiary, Sono Motors GmbH, are dedicated to revolutionizing mobility by integrating solar technology into commercial vehicles. Our innovative solar technology is designed for seamless integration, reducing CO2 emissions and promoting eco-friendly transportation. For more details on Sono Group N.V., Sono Motors, and their solar solutions, please visit sonogroupnv.com and sonomotors.com.

FORWARD-LOOKING STATEMENTS

This press release may include forward-looking statements. Words like “expect,” “anticipate,” “intend,” “plan,” “estimate,” “aim,” “forecast,” “project,” “target,” “will,” and similar terms (or their negatives) often indicate such statements. These statements reflect the Company and Sono Motors’ (the “companies”) current intentions, beliefs, and expectations. Forward-looking statements involve inherent risks and uncertainties due to future events and circumstances, potentially causing actual results to differ significantly from those expressed or implied. These risks include, but are not limited to, the Company’s ability to list on the Nasdaq Capital Market, meeting listing requirements; fulfilling the conditions of its recent securities purchase and exchange agreements with YA II PN, Ltd. (Yorkville); the timing of closing these transactions; the impact of these transactions on operating results; access to unfunded investment from Yorkville, compliance with related agreements, and the absence of termination or default events; maintaining relationships with various stakeholders given liquidity and capital structure constraints; complying with OTCQB continuing standards; achieving stated goals; implementing and managing the business pivot to exclusively retrofitting solar technology onto third-party vehicles; securing sufficient funding beyond the Yorkville investment; and continuing as a going concern. For more information on risks, uncertainties, and assumptions, please see our SEC filings, including our Form 20-F, available on the SEC website (www.sec.gov) and our website (ir.sonomotors.com). Many factors beyond our control affect these risks and uncertainties. Readers should not over-rely on these statements, especially for contracts or investment decisions. Except as legally required, the Company does not undertake to update any forward-looking statements.

CONTACT

Press: | ir.sonomotors.com/news-events

Investors: | ir.sonomotors.com

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