Itm Power Regulatory News (ITM)

6 May 2020

ITM Power plc

("ITM Power" or the "Company")

Appointment of Non-Executive Director

ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce the appointment of Katherine Roe as a non-executive director with immediate effect.

Katherine Roe (42) is CEO of Wentworth Resources plc, an AIM listed East African natural domestic gas producer. She is currently a non-executive director and Audit Committee Chair of Longboat Energy plc. Katherine joined Wentworth in 2014 and was responsible for corporate development and investor relations before becoming CFO in 2018 and CEO in 2019. Before joining Wentworth, Katherine had a 14 year plus career in investment banking and corporate finance, initially with Morgan Stanley and subsequently with Panmure Gordon where she was a Director within Investment Banking and headed up the energy team from 2010 to 2014.

Sir Roger Bone, Chairman of ITM Power said: "I am pleased to welcome Katherine to the Board of ITM Power. Her knowledge and experience of investment markets and the energy industry will add a directly relevant skill set to the governance and strategic direction of the Company. We look forward to working with her."

Further regulatory disclosures

Other than as disclosed below, there are no further disclosures to be made in accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies:

Name: Katherine Louise Margiad Roe; Age: 42;

Katherine Roe is, or has during the last five years been, a director or partner of the following companies and partnerships:

Current

Wentworth Resources plc - November 2018 to date

Wentworth Mozambique (Mauritius) Limited - January 2020 to date

Longboat Energy plc - November 2019 to date

Previous

IDE Group Holdings plc, non-executive director - January 2016 to September 2018

Faroe Petroleum plc, non-executive director - July 2018 to February 2019

Roe Resources Limited - May 2014 to November 2018

Katherine Roe does not currently hold any shares in the Company.

For further information please visit www.itm-power.com or contact:

About ITM Power plc

ITM Power plc manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004. In October 2019, the Company announced the completion of a £58.8 million fundraise, including a subscription by Linde of £38 million, together with the formation of a joint-venture with Linde to focus on delivering renewable hydrogen to large scale industrial projects worldwide. ITM Power signed a forecourt siting agreement with Shell for hydrogen refuelling stations in September 2015, (which was extended in May 2019 to include buses, trucks, trains and ships) and in January 2018 a deal to deploy a 10MW electrolyser at Shell's Rhineland refinery. ITM Power announced the lease of the world's largest electrolyser factory in Sheffield with a capacity of 1GW (1,000MW) per annum in July 2019. Customers and partners include Sumitomo, Ørsted, Phillips 66, National Grid, Cadent, Northern Gas Networks, Gasunie, RWE, Engie, BOC Linde, Toyota, Honda, Hyundai and Anglo American among others. www.itm-power.com

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