Company: ALCE
Filing Date: 2025-04-24
Form Type: PRE 14C
Source: 0001213900-25-035068
Chunk: 4

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-04-24
Form: PRE 14C
Chunk 4
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 NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 300,000,000 TO 600,000,000 |                                                                           |  A-1 |

<div align='center'>i

ALTERNUS CLEAN ENERGY, INC.

17 State Street, Suite 4000,
New York City, New York, 10004</div>

WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND A PROXY

<div align='center'>ITEM 1.

AMENDMENT TO OUR CERTIFICATE OF INCORPORATION TO INCREASE THE TOTAL NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 300,000,000 TO 600,000,000</div>

The Amendment to Increase Shares of our Common Stock

On April 24, 2025, our Board and Majority Stockholders
approved an amendment to our Certificate of Incorporation (the “Certificate of Amendment”), which amends our Thrid
Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 300,000,000 to 600,000,000.
The text of the Certificate of Amendment is set forth in attached hereto.

Purposes of the Increase in Shares of our Common Stock

The Company currently has authorized capital stock
of 300,000,000 shares of our common stock, with 106,718,354 shares outstanding and 1,000,000 shares of blank check preferred stock,
60,000 of which have been designated Series A Super Voting Preferred Stock.

The purpose of the increase in total authorized
shares of our common stock is to improve our financial flexibility with respect to our capital structure by having additional shares for
future equity financings and acquisitions. The extra shares of authorized our common stock would be available for issuance from time to
time as determined by the Board for any proper corporate purpose. Such purposes might include, without limitation, issuance in public
or private sales for cash as a means of obtaining additional capital for use in our business and operations, and issuance as part or all
of the consideration required to be paid by us for acquisitions of other businesses or assets. Notwithstanding the foregoing, we
have no obligation to issue such additional shares and there are no plans, proposals or arrangements currently contemplated by us that
would involve the issuance of the additional shares to acquire another company or its assets, or for any other corporate purpose stated.

Principal Effects of the Increase in Authorized Shares

The Company’s stockholders will not realize
any dilution in their