Result of AGM

                                                                                                                          1 April 2016

XP Power Limited

(“XP Power” or “the Company”)

Result of Annual General Meeting

The Annual General Meeting of XP Power Limited was held at 401 Commonwealth Drive, Haw Par Technocentre, Lobby B, #02-02, Singapore 149598 on 1 April 2016, commencing at 5.00 p.m. Singapore time. All resolutions were unanimously passed by show of hands.

For information the following table shows the votes cast by proxy voting. The total number of shares in issue was 19,242,296.

Resolution number and description		In Favour		Against		Withheld
		Votes	%	Votes	%	Votes
1	To receive and adopt the reports and audited accounts.	14,135,434	99.57%	61,301	0.43%	0
2	To approve a final dividend.	14,196,735	100.00%	0	0.00%	0
3	To re-elect Peter Bucher.	14,196,469	99.99%	266	0.01%	0
4	To re-elect Mike Laver.	14,196,735	100.00%	0	0.00%	0
5	To re-elect Jonathan Rhodes.	14,196,624	100.00%	0	0.00%	111
6	To re-elect Polly Williams.	14,194,379	99.98%	2,356	0.02%	0
7	To re-elect Duncan Penny.	14,196,735	100.00%	0	0.00%	0
8	To re-elect James Peters.	13,986,009	99.07%	131,888	0.93%	78,838
9	To re-elect Andy Sng Seng Kok.	14,196,735	100.00%	0	0.00%	0
10	To re-elect Terence Twigger.	14,196,624	100.00%	0	0.00%	111
11	Re-appointment of auditors.	14,134,234	100.00%	0	0.00%	62,501
12	Remuneration of auditors.	14,195,469	99.99%	1,000	0.01%	266
13	Approval of Remuneration Policy.	14,083,584	99.65%	48,774	0.35%	64,377
14	Approval of Remuneration Report.	14,092,693	99.28%	101,004	0.71%	2,966
15	Approval of the amended rules of the XP Power Limited 2012 Share Option Plan.	12,938,750	91.15%	1,256,519	8.85%	1,466
16	To authorise Directors to allot shares.	14,162,100	99.76%	34,369	0.24%	266
17	To authorise the purchase of own shares.	14,191,658	99.97%	1,811	0.01%	266

Note: Percentage of votes cast excludes withheld votes

Enquiries:

XP Power                                                                                                                  

Jonathan Rhodes, Finance Director [phone]