WBX News & Events

Wallbox has completed the creditor accession process for its previously announced financial restructuring plan, with HSBC and Citibank among the creditors joining the plan. The Company believes the broad participation reflects the confidence of the financial sector in the viability of the restructuring plan signed on April 8 with its main financial creditors and shareholders, as well as in Wallbox's business strategy for the coming years. Following the signing of the agreement, Wallbox secured approximately EUR 11M in interim financing from certain shareholders and participating banks, which provides near-term liquidity and marks further progress in the execution of the restructuring process. The plan has been signed by the Company's main financial creditors, including Spanish financial institutions, alongside international banks HSBC and Citibank. Other participating creditors include Banco Santander, Banco Bilbao Vizcaya Argentaria, CaixaBank, Instituto de Credito Oficial, Mora Banc Grup, Cofides, Institut Catala de Finances, and EBN Banco de Negocios. The restructuring plan has been submitted for court approval before the Commercial Court of First Instance in Barcelona. Once approved, the plan will become binding on all affected creditors, allowing Wallbox to move forward with its new capital structure.

Wallbox announced that it has signed its restructuring plan and certain related agreements on the terms previously disclosed on April 1. In connection with the signing of the restructuring plan, the Group has also secured EUR 11M in interim financing, comprising a EUR 5.65M bridge loan from the shareholders set forth below, the repayment of which is expected to be set-off against their equity subscription obligations under the planned capital increase and a EUR 5.35M loan from participating banks as part of the new money financing. This funding is expected to be disbursed or made available, as applicable, in the coming days and will provide near-term liquidity to support execution of the Company's business plan. The restructuring plan has been signed with financial creditors representing approximately 83% of the Group's financial debt, as well as key shareholders and a new institutional investor. Participants include Banco Santander, Banco Bilbao Vizcaya Argentaria, CaixaBank, the Instituto de Credito Oficial, Mora Banc Grup,EBN Banco de Negocios, and the Generalitat de Catalunya, through IFEM. The breadth of participation in the restructuring plan reflects the continued support of the Company's financial partners and institutional stakeholders for Wallbox's long-term strategy. The restructuring plan has been formalized in accordance with the Spanish restructuring framework and will be submitted for court approval before the Commercial Section of the Court of First Instance of Barcelona in the coming days. Once sanctioned, the plan will become binding on all affected financial and non-financial creditors, enabling Wallbox to fully implement its new capital structure.

Wallbox has agreed on the final terms to implement a comprehensive restructuring plan, subject to signing of the relevant documentation, court approval and customary conditions. This agreement builds on the preliminary agreement announced on December 1, 2025, and March 4, 2026, and reflects the principal formalizing of the restructuring terms and advancing toward full implementation. The plan has been agreed with major financial creditors representing more than 83% of the Group's financial debt, and with certain key shareholders, Wallbox' CEO, and new institutional investors through a capital increase. Through this process, Wallbox aims to establish a sustainable long-term capital structure, secure sufficient liquidity to execute its business plan, and better align its future debt obligations with expected cash generation. In line with previous announcement by the Company, Banco Santander, BBVA, CaixaBank and other principal lenders have agreed on the terms of the restructuring of Wallbox's financial debt through a new framework structure, including extended maturities, amortization profiles and interest terms. The main terms and conditions of the debt, if and when the restructuring plan has been sanctioned and is effective, will be as follows: A EUR 57.6 million framework loan maturing in December 2030. Amortization will begin in the third quarter of 2026, with interest gradually increasing through 2030. A EUR 69.1 million bullet instrument, also maturing in December 2030, with payment-in-kind interest capitalising to the outstanding principal balance upon maturity. A working capital framework for an approximate amount of EUR 42.8 million, while preserving the key features of the existing working capital financing within a syndicated structure maturing on December 31, 2030. The new debt instruments will be backed by a customary security package, including guarantees and pledges over certain Group assets, and will incorporate the standard terms and conditions typical of transactions of this nature.