Renold Regulatory News (RNO)

Renold plc

("Renold", the "Company" or the "Group")

Annual Report and Accounts and 2020 AGM

26 June 2020

Renold announces that it has posted to shareholders its annual report and accounts for the year ended 31 March 2020, together with a notice of its annual general meeting and form of proxy for use at the 2020 annual general meeting ("2020 AGM").

An electronic copy of the annual report and the notice of the 2020 AGM are available for download from the Company's website at investors.renold.com.

The 2020 AGM will be held at 11.00 a.m. on 24 July 2020 at the Company's registered office at Trident 2, Trident Business Park, Styal Road, Wythenshawe, Manchester M22 5XB. Please note that following the introduction of laws and measures designed to reduce the transmission of COVID-19, it is not possible to hold the 2020 AGM in the normal manner whist respecting social distancing measures. The Board has therefore concluded that shareholders will not be able to gain access to the 2020 AGM in person on the day. In order to comply with the legal requirements for holding an annual general meeting, a quorum will be constituted by those Directors/employee shareholders in attendance who will observe social distancing measures.

In order to ensure that shareholders' votes are counted, the Board strongly encourages shareholders to exercise their right to vote by appointing the Chair of the 2020 AGM as their proxy to exercise their right to vote at the 2020 AGM in accordance with their instructions. Shareholders can do this by submitting their form of proxy and follow the relevant instructions.

To ensure that shareholders have an opportunity to engage with the Board, questions for the Board can be emailed to company.secretary@renold.com on or before 11:00 a.m. on 22 July 2020. Responses to questions will be posted to the Company's website after the 2020 AGM.

The results of the votes on the resolutions proposed at the 2020 AGM will be announced in the normal way as soon as practicable after the conclusion of the 2020 AGM.

We would like to thank shareholders for their understanding and cooperation in enabling the Company to proceed with the 2020 AGM and comply with the UK Government's compulsory measures in these challenging times.

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NOTES FOR EDITORS

Renold is a global leader in the manufacture of industrial chains and also manufactures a range of torque transmission products which are sold throughout the world to a broad range of original equipment manufacturers and distributors. The Company has a well-deserved reputation for quality that is recognised worldwide. Its products are used in a wide variety of industries including manufacturing, transportation, energy, steel and mining.

Further information about Renold can be found on the website at: www.renold.com