Volex Regulatory News (VLX)

27 July 2023

Volex plc

("Volex" or the "Company")

Scrip Reference Price

As set out in the Company's Preliminary Group Results for the 52 weeks ended 2 April 2023 and in the Notice of Annual General Meeting 2023, a final dividend of 2.6 pence per share is proposed to be paid on 25 August 2023 to those shareholders on the register on 21 July 2023, subject to shareholder approval at the Company's annual general meeting to be held later today. Shareholders may elect to receive the final 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 final dividend has been set at 284.9 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 2023 final 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 4 August 2023.

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 final 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 final 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: