Result of AGM

30 September 2020

Powerhouse Energy Group plc
("Powerhouse" or the "Company")

Result of AGM

Powerhouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic, announces that at the Annual General Meeting of the Company held today, all resolutions put to shareholders were duly passed.

The results of the votes are set out below:

	FOR*		AGAINST
RESOLUTIONS	Votes	% of votes cast	Votes	% of votes cast	Abstain
Ordinary Resolution 1	1,429,943,616	99.98%	300,000	0.02%	412,543
To receive the financial statements for the year ended 31 December 2019 together with Directors' Reports and the Auditors' Report
Ordinary Resolution 2	1,429,340,872	99.94%	828,675	0.06%	486,612
To approve the Remuneration Report
Ordinary Resolution 3	1,429,891,960	99.97%	499,922	0.03%	264,277
To reappoint Jeffreys Henry LLP as audit and authorise the directors to fix their remuneration
Ordinary Resolution 4	1,323,926,230	97.94%	27,903,121	2.06%	78,826,808
To re-elect Dr Cameron Davies as a director of the Company
Ordinary Resolution 5	1,342,651,569	99.24%	10,298,680	0.76%	77,705,910
To re-elect James Greenstreet as a director of the Company
Ordinary Resolution 6 To re-appoint Myles Kitcher as a director of the Company	1,429,859,351	99.98	270,000	0.02%	526,808
Ordinary Resolution 7 To re-appoint Timothy Yeo as a director of the Company	1,417,992,013	99.20%	11,419,964	0.80%	1,244,182
Ordinary Resolution 6 To re-appoint Allan Vlah as a director of the Company	1,429,835,631	99.98%	297,720	0.02%	522,808
Ordinary Resolution 9 To authorise the directors to allot and issue equity securities	1,376,905,380	99.94%	877,630	0.06%	52,873,149
Special Resolution 10 To authorise the directors to dis-apply pre-emption rights, as set out in the notice of meeting	1,185,373,542	86.03%	192,409,468	13.97%	52,873,149
*Votes received for the resolutions includes votes allowing the Chairman's discretion.

For more information, contact:

Powerhouse Energy Group plc	Tel: [phone]
David Ryan, Chief Executive Officer
WH Ireland Limited (Nominated Adviser)	Tel: [phone]
James Joyce / Lydia Zychowska
Turner Pope Investments Ltd (Joint Broker)	Tel: [phone]
Andrew Thacker / Zoe Alexander
Ikon Associates (Media enquiries)	Tel: [phone]
Adrian Shaw	Mob: [phone]

Notes for editors:

About Powerhouse Energy Group plc

Powerhouse has developed a proprietary process technology - DMG® - which can utilise waste plastic, end-of-life-tyres, and other waste streams to efficiently and economically convert them into syngas from which valuable products such as chemical precursors, hydrogen, electricity and other industrial products may be derived.  Powerhouse’s technology is one of the world's first proven, distributed, modular, hydrogen from waste (HfW) process.

The Powerhouse DMG® process can generate up to 2 tonnes of road-fuel quality hydrogen and more than 58MWh of exportable electricity per day.

Powerhouse’s process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level. As announced on 11th February 2020 under its Supplemental Agreement with Peel Environmental, Powerhouse will receive an annual license fee of £500,000 in respect of each project which is commissioned.

Powerhouse is quoted on the London Stock Exchange's AIM Market under the ticker: PHE and is incorporated in the United Kingdom.

For more information see www.powerhouseenergy.net