NHOA S.A.

Share Issue/Capital Change • Jul 24, 2017

Update on share capital and total number of shares making up the share capital of the EPS Group

Paris – Milan, 24 July 2017 – Electro Power Systems S.A. ("EPS"), technology pioneer in energy storage systems and microgrids, listed on the French-regulated market Euronext Paris (EPS:FP) announces modification of share capital, number of shares and voting rights of EPS:

Share capital	€1.605.942,60
Total number of shares making up the share capital	8.029.713
Theoretical number of voting rights (including treasury shares)	8.029.713

____________________________________________________________________________________________________________________

EPS in a nutshell

EPS operates in the sustainable energy sector, specializing in hybrid-storage solutions and micro-grids that enable intermittent renewable sources to be transformed into a stable power source.

Listed on the French-regulated market Euronext (EPS:FP), EPS is part of the CAC® Mid & Small and the CAC® All-Tradable indices and has registered office in Paris and research, development and manufacturing in Italy.

Thanks to technology covered by 125 patents and applications, combined with more than 10 years of R&D, the Group has developed hybrid energy storage solutions to stabilize electrical grids heavily penetrated by renewable sources in developed countries and, in emerging economies, to power off-grid areas at a lower cost than fossil fuels without the need for any subsidy or incentive scheme.

EPS has installed and has under commissioning in aggregate 36 large scale projects, including off-grid hybrid systems powered by renewables and energy storage totalizing over 35 MW of installed power that provides energy to over 165,000 customers every day, in addition to more than 18 MW of grid support systems, for a total capacity output of 47 MWh of systems in 21 countries worldwide, including Europe, Latin America, Asia and Africa.

______________________________________________________________________________________

For more information, visit www.electropowersystems.com.

Investor Relations

Francesca Cocco, Vice President Investor Relations

Tel. +33 970 467135, e-mail : francesca.cocco@eps-mail.com