Alfen N.V.

Board/Management Information • Apr 9, 2024

P R E S S R E L E A S E

Published on 9 April 2024, 17:00 CEST

Alfen announces Supervisory Board reappointment of Willem Ackermans

At the Annual General Meeting today, Alfen's shareholders reappointed Willem Ackermans for his second term as a member of the Supervisory Board. This appointment covers a period of 4 years as of the date of the AGM of 9 April 2024.

Willem Ackermans joined Alfen's Supervisory Board in July 2020. He has a wealth of experience from the financial positions he has held in the past as well as from his other supervisory positions. He will continue in his role as vice chairman of the Supervisory Board and chairman of the audit committee of the Supervisory Board.

In addition, Alfen's shareholders voted to adopt the new remuneration policy for the Management Board. With this new policy, internal pay differentials remain at equitable levels and Management Board remuneration is brought in line with the relevant market reference group.

This appointment and the new remuneration policy are supported and positively advised by the Works Council. More information on the Supervisory Board and its current composition can be found at https://alfen.com/investors/governance. For more information on Alfen's AGM 2024, please visit https://alfen.com/investors/shareholder-meetings

About Alfen

Netherlands-based Alfen is operating internationally in the heart of the energy transition, as a specialist in energy solutions for the future. With over 85 years of history, Alfen has a unique combination of activities. Alfen designs, develops and produces smart grids, energy storage systems, and electric vehicle charging equipment and combines these in integrated solutions to address the electricity challenges of its clients. Alfen has a market leading position in the Netherlands and experiences fast international growth benefitting from its first mover advantage. For further information see Alfen's website at: www.alfen.com.

For enquiries, please contact:

Investor relations: Mr. Dico van Dissel, Director Strategy & Investor Relations at Alfen T | +31 (0) 36 549 34 00 E | ir@alfen.com

Hefbrugweg 28 1332 AP Almere, The Netherlands Phone: +31 (0) 36 549 34 00 info@alfen.com / www.alfen.com