Volex Regulatory News (VLX)

24 November 2022

Volex plc

("Volex" or the "Company")

Scrip Reference Price

As set out in the Company's half year results for the 26 weeks ended 2 October 2022, an interim dividend of 1.3 pence per share will be paid on 16 December 2022 to those shareholders on the register on 18 November 2022. Shareholders may elect to receive the interim dividend as shares in the Company, in lieu of cash, under the Volex plc Scrip Dividend Scheme.

The reference price of a new ordinary share under the Scrip Dividend Scheme for the Company's interim dividend has been set at 287.30 pence, which represents the average of the mid-market closing price of the Company's ordinary shares for the five dealing days commencing on the ex-dividend date.

Shareholders who wish to elect to receive the 2022 interim dividend in shares must either (i) complete a Scrip Dividend Mandate Form and return it to Link Group, (ii) make a Scrip election online via www.signalshares.com, or (iii) submit a Dividend Election Input Message in CREST, in each case by no later than 5.00 p.m. on 2 December 2022.

Those shareholders who have opted into a permanent scrip election by completing (and not cancelling) a Scrip Dividend Mandate Form either in hard copy or via www.signalshares.com do not need to complete a new mandate form for the interim dividend. However, shareholders holding their shares in CREST need to make an election for each dividend and would need to submit a Dividend Election Input Message in respect of the interim dividend.

Further information, including a copy of the terms and conditions for the Volex plc Scrip Dividend Scheme are available on the Company's website: https://www.volex.com/wp-content/uploads/2022/07/Volex-Plc-Scrip-Dividend-Scheme-Terms-Conditions-Final.pdf.

For further information please contact: