Invinity Energy Systems Plc

Declaration of Voting Results & Voting Rights Announcements • Oct 27, 2021

National Storage Mechanism | Additional information

RNS Number : 4781Q

Invinity Energy Systems PLC

27 October 2021

27 October 2021

Invinity Energy Systems plc

("Invinity" or the "Company")

Result of AGM

Invinity Energy Systems plc (AIM:IES), leading global manufacturer of utility-grade energy storage, announces that all resolutions were passed at the Company's Annual General Meeting, held today at 10am. 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	29,340,526	84.33	5,449,969	2,669
2	To receive, consider and adopt the Directors' remuneration report.	25,984,728	74.69	8,803,486	4,950
3	To receive, consider and adopt the auditors' report	34,187,936	98.30	591,785	13,443
4	To elect and reappoint PricewaterhouseCoopers LLP as auditors and to authorise the Directors to fix the auditors' remuneration.	33,558,645	96.46	1,231,139	3,380
5	To empower the Directors to allot the GaE Option Shares for cash.	34,731,853	99.84	56,149	5,162
6	To empower the Directors to allot relevant securities for cash.	30,100,877	86.52	4,688,907	3,380
7	That Resolutions 5 and 6 above are valid and effective.	30,099,095	86.52	4,688,907	5,162
8	That the Company's 'new' memorandum and articles of association are adopted.	27,807,503	80.01	6,947,451	38,210

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

The Board notes that Resolution 2 passed with the necessary majority, but with less than 80% in favour. In line with best corporate governance practices, the Board will continue to engage with shareholders to understand and discuss their concerns with respect to the above resolution and will provide an update in due course.

Enquiries:

Invinity Energy Systems plc	+44 (0)204 551 0361
Larry Zulch, Chief Executive Officer
Peter Dixon-Clarke, Chief Financial Officer Joe Worthington, Director of Communications
Canaccord Genuity (Nominated Adviser and Joint Broker)	+44 (0)20 7523 8000
Henry Fitzgerald-O'Connor / James Asensio
VSA Capital (Financial Adviser and Joint Broker) Andrew Monk / Simon Barton	+44 (0)20 3005 5000
Hudson Sandler (Financial PR) Nick Lyon / Nick Moore	+44(0) 207 796 4133

Notes to Editors

Invinity Energy Systems plc (AIM:IES) manufactures 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 over 10 MWh of systems deployed to date across 40 sites in 14 countries, Invinity is active in all major global energy storage markets and has operations in the UK, Canada, USA, China and South Africa. Invinity Energy Systems plc is listed on the London Stock Exchange.

To find out more, visit invinity.com or call Investor Relations on +44 (0)204 551 0361

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGFEFFIWEFSESS