Company: ALCE
Filing Date: 2025-11-26
Form Type: PRE 14C
Source: 0001213900-25-115332
Chunk: 9

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-26
Form: PRE 14C
Chunk 9
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 under the direct registration system (i.e., do not have stock certificates
evidencing their share ownership but instead have a statement reflecting the number of shares registered in their accounts) and, as a
result, do not need to take any action to receive post-split shares. If they are entitled to receive post-split shares, they will automatically
receive, at their address of record, a transaction statement indicating the number of post-split shares held following the Effective
Date.

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Material U.S. Federal Income Tax Consequences

The following is a summary of material U.S. federal
income tax consequences of a Reverse Stock Split to stockholders. This summary is based on the provisions of the Internal Revenue Code
of 1986, as amended (the “Code”), U.S. Treasury regulations, administrative rulings and judicial decisions, all as in
effect on the date of this filing, and all of which are subject to change or differing interpretations, possibly with retroactive effect.
Any such change or differing interpretation could affect the tax consequences described below.

We have not sought and will not seek an opinion
of counsel or ruling from the Internal Revenue Service (the “IRS”) with respect to the statements made and the conclusions
reached in the following summary, and there can be no assurance that the IRS or a court will agree with such statements and conclusions.

This summary is limited to stockholders that are
U.S. holders, as defined below, and that hold our common stock as a capital asset (generally, property held for investment).

This summary is for general information only and
does not address all U.S. federal income tax considerations that may be applicable to a holder’s particular circumstances or
to holders that may be subject to special tax rules, such as, for example, brokers and dealers in securities, currencies or commodities,
banks and financial institutions, regulated investment companies, real estate investment trusts, expatriates, tax-exempt entities, governmental
organizations, traders in securities that elect to use a mark-to-market method of accounting for their securities, certain former citizens
or long-term residents of the U.S., insurance companies, persons holding shares of our common stock as part of a hedging, integrated or
conversion transaction or a straddle or persons deemed to sell shares of our common stock under the constructive sale provisions of the
Code, persons that hold more than 5% of our common stock, persons that hold our common stock in an individual retirement account, 401(k) plan