AFC Energy Regulatory News (AFC)

16 April 2020

AFC Energy PLC

("AFC Energy" or the "Company")

AGM Update

Following enquiries from shareholders and having taken professional advice regarding the Government's current restrictions on social gatherings we would like to confirm that the AFC Energy's AGM convened for 12.00 noon on 23rd April 2020 will be held at the Registered Office, Unit 71.4 Dunsfold Park, Stovolds Hill, Cranleigh, Surrey, GU6 8TB.

The business to be conducted remains as set out in the Notice of Meeting dated 27th March 2020 which has been sent to shareholders and is available on AFC Energy's corporate website (www.AFCEnergy.com).

In light of the current COVID-19 stay at home measures in the UK, the AGM will be run as a closed meeting and shareholders will not be able to attend in person. Shareholders attempting to attend the meeting will be refused admission. Instead of attending this year's AGM, shareholders are asked to exercise their votes by submitting their proxy as set out in the Notice of Meeting.

In addition, should a shareholder have a question that they would have raised at the meeting, we ask that they send it by e mail to info@AFCEnergy.com before 5.00 pm on 20th April 2020. Answers to the questions will be published on our Corporate website (www.AFCEnergy.com) after the AGM.

 For further information, please contact:

About AFC Energy

AFC Energy plc is commercialising a scalable alkaline fuel cell system, to provide clean electricity for on and off grid applications. The technology, pioneered over the past twelve years in the UK, is now being deployed in electric vehicle chargers, off-grid decentralised power systems and industrial gas plants as part of a portfolio approach to the decarbonisation of local electricity needs.