Result of Annual General Meeting

Invinity Energy Systems PLC

29 July 2024

 

29 July 2024

Invinity Energy Systems plc

("Invinity" or the "Company")

Result of Annual General Meeting

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading global manufacturer of utility-grade energy storage, announces that all resolutions were passed at the Company's Annual General Meeting, held today at 3.00 p.m. The result of the poll voting (including all proxies) is detailed below.

	RESOLUTION	VOTES FOR*		VOTES AGAINST	WITHHELD
		Number of votes	%	Number of votes	Number of votes
1	To receive, consider and adopt the Company's annual accounts for the financial year ended 31 December 2023	308,088,171	99.99	25,647	245,781
2	To receive, consider and adopt the Directors' remuneration report for the financial year ended 31 December 2023	287,816,092	93.41	20,294,083	249,424
3	To receive, consider and adopt the auditor's report on the Company's annual report and financial statements and the auditable part of the remuneration report for the financial year ended 31 December 2023	307,876,488	99.92	237,330	245,781
4	To elect and reappoint BDO LLP as auditor and to authorise the Directors to fix the auditor's remuneration	307,809,448	99.90	297,211	252,940
5	To empower the Directors to allot relevant securities for cash	299,747,829	97.61	7,354,840	1,259,308
6	That Resolution 5 above is valid and effective	300,667,843	97.61	7,352,672	341,462

*Any proxy appointments, which gave discretion to the Chairman, have been included in the 'For' votes total.

Highlights of Invinity Capital Markets Event 2024

Following a successful Capital Markets Event held at the Company's Motherwell and Bathgate facilities on 23 July 2024, the Company has produced a highlights video which can be viewed here.

Stay up to date with news from Invinity. Join the distribution list for the Company's monthly investor newsletter here.

Enquiries:

Invinity Energy Systems plc	[phone]
Jonathan Marren, Chief Financial Officer and Chief Development Officer Joe Worthington, Director, Communications and Investor Relations
Canaccord Genuity (Nominated Adviser and Joint Broker)	[phone]
Henry Fitzgerald-O'Connor / Harry Pardoe
VSA Capital (AQSE Corporate Advisor, Financial Adviser and Joint Broker)	[phone]
Andrew Monk / Andrew Raca
Tavistock (Financial PR Advisor)	[phone]
Simon Hudson / Saskia Sizen / Adam Baynes	[e-mail]

Notes to Editors

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF) manufactures vanadium flow batteries for large-scale, high-throughput energy storage requirements of business, industry and electrical networks.

Invinity's factory-built flow batteries run continually with no degradation for over 25 years, making them suitable for the most demanding applications in renewable energy production. Energy storage systems based on Invinity's batteries are safe, reliable, and economical, and range in size from less than 250 kilowatt-hours to tens of megawatt-hours.

Invinity was created in April 2020 through the merger of two flow battery industry leaders: redT energy plc and Avalon Battery Corporation. With 75 MWh of systems already deployed or contracted for delivery across 82 sites in 15 countries, Invinity is active in all major global energy storage markets and has operations in the UK, Canada, USA, China and Australia. Invinity Energy Systems plc is quoted in the UK on AIM and AQSE and trades in the USA on OTCQX.

To find out more, visit invinity.com, sign up to our monthly Investor Newsletter here or contact Investor Relations on via [phone] or [e-mail].

 

END