E-PANGO: directors' dealings · France · AMF

About E-PANGO

E-PANGO is a French listed company on Euronext Growth Paris, trading under the ticker ALAGO and ISIN FR0014004339. The company positions itself as a specialist energy supplier, focused primarily on electricity and gas for businesses, local authorities and selected professional customer segments. Based on market disclosures and company communications, its offer is designed around tailored energy solutions, including supply, consumption optimization and monitoring tools intended to help clients control energy costs. E-PANGO also emphasizes a digitally enabled model, combining commercial process automation with data-driven energy management. The company’s recent history has been shaped by both growth ambitions and regulatory setbacks. E-PANGO was listed in 2021 on Euronext Growth Paris, where it presented itself as a technology-enabled platform bringing together four areas of expertise: sourcing, data management, commercial digitization, and self-consumption/smart-storage solutions. However, the company later faced a suspension of its electricity supply authorization, which weighed heavily on operations. On 24 March 2026, that suspension order was revoked, and E-PANGO announced that it had regained its status as an electricity supplier, an important milestone for its strategic reset. Operationally, E-PANGO has historically addressed several customer markets, including collective housing, tertiary buildings, industry, green electricity, self-consumption and distribution networks. The group has also developed a subsidiary, E-BEGA, which it has identified as a growth vector and supported with dedicated financing. This segment-based approach reflects a niche positioning that differs from large integrated utilities: rather than competing mainly on scale, E-PANGO has aimed to compete on customization, agility and service design. Geographically, the company remains overwhelmingly France-focused, with headquarters in Paris and activity centered on the domestic market. The latest disclosures indicate that revenue for 2025 remained very limited, reflecting the difficult operating period and the need to restart commercial activity after the regulatory suspension. The capital structure as of 31 March 2026 shows a largely free-float ownership base, with the public holding the vast majority of shares. For investors, E-PANGO is therefore best viewed as a turnaround story in the French energy supply sector, with its medium-term prospects tied to the rebuilding of commercial momentum and the successful normalization of its regulatory position.