Sondrel Plc — AGM Information 2024

May 29, 2024

National Storage Mechanism | Additional information

RNS Number : 3504Q

Sondrel (Holdings) plc

29 May 2024

29 May 2024

Sondrel (Holdings) plc

("Sondrel", the "Company" and together with its subsidiaries the "Group")

Notice of AGM

Sondrel (AIM: SND), a leading provider of ultra-complex chips for leading global technology brands, announces that the Company's 2024 Annual General Meeting will be held at 10.30a.m. on 27 June 2024 at Sondrel House, Theale Lakes Business Park, Moulden Way, Sulhamstead, Reading RG7 4GB.

The notice convening the AGM ('AGM Notice'), including the resolutions to be put to shareholders, has been sent via post and the document is now available to view on the Company's website at https://ir.sondrel.com/investors.

Shareholders are encouraged to vote on the resolutions to be put to the AGM by proxy whether or not they intend to attend.  Voting at the AGM will be conducted on a poll in accordance with best practice.

Shareholders will note that the usual resolution to receive the Company's annual report and accounts for the year ended 31 December 2023 ("FY2023 Accounts") is not being proposed at the AGM. This is due to the timing of various regulatory approvals being sought in connection with the Company's Transformation Plan. A separate general meeting will be convened as soon as possible to consider the FY2023 Accounts, as well as the resolutions relating to the reappointment and remuneration of the auditor. Shareholders will be notified of the general meeting in due course.

For further information:

Sondrel (Holdings) plc	Via Buchanan
David Mitchard, Interim CEO	Tel: +44 (0) 20 7466 5000
Nick Stone, Interim CFO
Cavendish Capital Markets Limited	Tel: +44 (0) 20 7220 0500
Ben Jeynes / Katy Birkin / George Lawson - Corporate Finance
Michael Johnson - Sales
Buchanan Communications	Tel: +44 (0) 20 7466 5000
Chris Lane / Stephanie Whitmore / Abby Gilchrist	[email protected]

About Sondrel

Sondrel is a UK-based fabless semiconductor company specialising in high end, complex digital Application Specific Integrated Circuits (ASICs) and System on Chips (SOCs). It provides a full turnkey service in the design, prototyping, testing, packaging and production of ASICs and SoCs.

The Company is one of only a few companies capable of designing and supplying the higher-spec chips built on the most advanced semiconductor technologies, selling into a range of hyper growth end markets such as high-performance computing, automotive, artificial intelligence, VR/AR, video analytics, image processing, mobile networking and data centres.  Sondrel designs have enabled products by leading technology brands including Apple (iPhone), Sony (PlayStation), Meta's (Oculus), Samsung, Google and Sony smartphones, JVC (prosumer camcorders), Tesla and Mercedes-Benz cars.

Sondrel is well-established, with a 20-year track record of successful delivery, supported by long standing ecosystem partnerships including Arm, TSMC and Samsung. Headquartered in the UK, Sondrel has a global presence with offices in UK, USA, China, India and Morocco.

For more information please visit:  ir.sondrel.com .

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