Ceres Power Regulatory News (CWR)

BLOCK LISTING RETURN AND TOTAL VOTING RIGHTS

Date: 22 December 2022

Name of company:

CERES POWER HOLDINGS PLC

Name of scheme:

EMI OPTION SCHEME

SHARESAVE SCHEME

LONG-TERM INCENTIVE PLAN SCHEME

Class of securities originally admitted:

Ordinary shares, 10 pence each

Period of return

From 21 June 2022 to 20 December 2022

Balance under scheme's Block Admission from previous return:

1,238,247

141,177

3,008,495

Number of securities issued/allotted under the scheme's Block Admission during period:

(246,969)

(128,381)

(139,652)

Number of securities lapsed/cancelled under scheme's Block Admission during period:

(9,181)

(7,109)

(447,456)

The amount by which the Block Admission under the scheme has been increased since the date of the last return:

306,427

Balance under Block Admission not yet issued/allotted at end of period

982,097

312,114

2,421,387

Total Voting Rights

As at 22 December 2022, the Company's issued share comprised 192,086,775 Ordinary Shares, with one voting right per share. The Company does not hold any Ordinary Shares in treasury. The total number of Ordinary Shares and voting rights in the Company is therefore 192,086,775.

This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company.

For further information, please contact:

Ceres Power Holdings plc

Marianne Millard (Deputy Company Secretary)

Tel: +44 (0)7752 470802

Investec Bank PLC (NOMAD & Joint Broker)

James Rudd / Patrick Robb / Ben Griffiths

Tel: +44 (0)207 597 5970

Berenberg (Joint Broker)

Ben Wright / Mark Whitmore

Tel: +44 (0)203 207 7800

FTI Consulting (Financial PR)

Dwight Burden

Tel: +44 (0)203 727 1000

Email: ceres_power@fticonsulting.com

About Ceres Power

Ceres is a world-leading developer of electrochemical technologies: fuel cells for power generation, electrolysis for the creation of green hydrogen and energy storage. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such as Weichai in China, Bosch in Germany, Miura in Japan, and Doosan in Korea, to develop systems and products that address climate change for power generation, transportation, industry, data centres and everyday living. Ceres is listed on the AIM market of the London Stock Exchange ("LSE") (AIM: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy.