ASCENDUM GREEN.SHIFT ANNOUNCES A STRATEGIC PARTNERSHIP WITH CATL

Monday, August 10, 2026

As industries evolve and customer needs continue to shift Ascendum is taking a significant step in its strategic evolution with the launch of Ascendum Green.Shift, a new business platform created to develop and scale emerging opportunities linked to energy transition, industrial transformation and new service ecosystems.

The first business operating under this new platform is a strategic partnership with CATL, the global leader in advanced battery technologies. Through this partnership, Ascendum becomes an official NING Service Partner, providing customer services support, warranty management and technical services for CATL battery systems across selected markets where the Group operates.

The collaboration starts in Türkiye, where Ascendum has inaugurated its first NING Service Center, becoming CATL's official service provider for the entire Turkish territory. Portugal and Spain are also joining the NING Service network, with service operations currently being established as part of a phased rollout strategy.

Through Ascendum Green.Shift, the Group brings its long-standing expertise in technical service and customer support into the battery ecosystem, delivering high-quality after-sales solutions that enhance reliability, performance and lifecycle value for customers.

What is NING Service?

NING Service is CATL's official global after-sales brand and a comprehensive battery lifecycle management platform.

It supports the entire battery lifecycle through a combination of diagnostics, maintenance, repair, warranty management, digital monitoring, and end-of-life solutions. With a presence in approximately 75 countries and supported by an extensive global spare parts and service infrastructure, NING Service delivers fast, standardized and reliable service execution on an industrial scale.

By combining technology, data, and service expertise, NING Service helps customers improve battery performance, reduce total cost of ownership, increase lifecycle transparency, and maximize asset value throughout the life of the battery.

Ascendum Green.Shift - A New Growth Platform

The launch of Ascendum Green.Shift reflects the Group's ambition to expand into new business areas aligned with major industrial and technological shifts that are reshaping customer needs worldwide. By leveraging its service capabilities, technical expertise, and worldwide footprint, Ascendum is well-positioned to support customers in emerging technologies and next-generation service ecosystems.

"The launch of Ascendum Green.Shift marks an important milestone in our strategy. It creates a platform through which we can develop new businesses linked to energy transition, industrial transformation, and new service ecosystems, while building on one of Ascendum's greatest strengths: service excellence. Our partnership with CATL is the first step in that journey."

João Mieiro-CEO

ASCENDUM