IQE Regulatory News (IQE)

IQE plc

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Cardiff, UK

29 October 2020

Dr Drew Nelson awarded Institute of Physics Gold Medal and made a Fellow of the Institute of Physics

IQE plc (AIM: IQE, "IQE" or the "Group"), the leading manufacturer of advanced semiconductor wafer products for the global semiconductor industry, is pleased to announce that its President and CEO, Dr Drew Nelson, OBE, has been awarded the Institute of Physics prestigious 'Katharine Burr Blodgett' Gold Medal. Dr Nelson has also been made a Fellow of the Institute of Physics.

The Katharine Burr Blodgett Medal is awarded for contributions to the application of physics in an industrial or commercial context.

The award was made to Dr Nelson for "pioneering efforts in commercialising compound semiconductor materials and promoting the UK as the global leader in this field". The full citation can be found at www.iop.org/about/awards.

Jonathan Flint, Institute of Physics President, said:

"Congratulations to all the winners of this year's IOP Awards, which recognise and reward excellence in individuals and teams and their contribution to physics. We're delighted to celebrate the winners' extraordinary achievements."

Dr Drew Nelson, CEO and founder of IQE, said:

"This award is a huge honour, and I am delighted to have been made a Fellow of the esteemed Institute of Physics. I am extremely proud of the track record we have built at IQE and the leadership position we have developed in the global compound semiconductor industry.

However, I recognise that none of this would be possible without the support of my colleagues at IQE and I remain extremely grateful for their ongoing commitment and dedication."

Dr Nelson intends to donate his prize award of £1,000 to a local charity supporting people from underprivileged backgrounds to go through University.

Contacts:

IQE plc

+44 (0) 29 2083 9400

Drew Nelson

Tim Pullen

Amy Barlow

Headland Consultancy (Financial PR)+ 44 (0) 20 38054822

Andy Rivett-Carnac: +44 (0) 7968 997 365

Chloe Francklin: +44 (0)78 3497 4624

ABOUT IQE

http://iqep.com

IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:

· handset devices

· global telecoms infrastructure

· connected devices

· 3D sensing

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the whole market and is agnostic to the winners and losers at chip and OEM level. By leveraging the Group's intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield and unit economics.

IQE is headquartered in Cardiff UK, with c. 650 employees across nine manufacturing locations in the UK, US, Taiwan and Singapore, and is listed on the AIM Stock Exchange in London.