Sono Group N.V. SSM

During the year ended December 31, 2025, our business consisted of our legacy solar operations conducted through the Subsidiary. Accordingly, references in this Item 1 to the terms "Sono Motors," "Sono," "the Companies," "we," "our," "ours," "ourselves," "us" or similar terms, refer to Sono Group N.V. together with the Subsidiary with respect to the fiscal years ended December 31, 2025 and 2024, and refer to Sono Group N.V. with respect to subsequent developments as described below, unless the context requires otherwise.

Subsequent to December 31, 2025, as previously announced by the Company, we established a digital asset treasury strategy and digital asset treasury policy (the "Treasury Strategy"). Under the Treasury Strategy, the principal holding in the Company's treasury reserve on its balance sheet will be allocated to digital assets, principally Bitcoin, by applying a covered-call yield strategy.