Wallbox to implement comprehensive restructuring plan

Wallbox (WBX) 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.