Issue of Q2 Newsletter

Gelion (AIM: GELN), the sulfur battery company, is pleased to publish its Q2 2026 newsletter, marking a transformative period for Gelion, characterised by significant commercial, strategic and organisational milestones. From expanding relationships with global industry leaders and advancing multiple commercialisation pathways, to positioning the business for accelerated growth under new CEO Matt Wood, Gelion continues to build momentum across its key markets of Japan, the UK, Australia and the United States, and across high-value applications including defence, consumer electronics and electric vehicles.

Link to Newsletter: https://gelion.com/news/

Gelion is seeking to replace the critical minerals in current Lithium-ion battery cathodes with Gelion's Nano-Encapsulated Sulfur (NES™) that are low cost and can be dropped into existing global manufacturing lines. Gelion's NES™ is made from sulfur which is abundantly available and free from supply chain constraints.

Q2 Highlights include:

• Appointed Matt Wood as Chief Executive Officer, marking a leadership transition as the Company moves from technology development to commercial scale-up
• Collaboration with National Laboratory of the Rockies (NLR), formerly NREL, to validate Gelion's sulfur cathode for U.S. domestic supply chains
• Secured £1.6 million in grant funding as part of the £3.4 million CoRe-SoLiS project, a strategic three-year collaboration with Nissan Technical Centre Europe (NTCE) and the University of Oxford
• Secured a significant step forward in its commercialisation strategy through an exclusive licence agreement with Max-Planck-Innovation GmbH
• Longspur Capital Limited published an in-depth report on the Company entitled "Cheaper Than China" (available at https://gelion.com/investors/financial-reports-documents-notices/)