Appointment of Chief Financial Officer

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading global manufacturer of utility-grade energy storage, is pleased to announce the appointment of Adam Howard to the role of Chief Financial Officer and Executive Director on the Board of Invinity, effective 09 December 2024.

Adam was previously a Director of Banking and Investments at the National Wealth Fund ("NWF"), responsible for leading the financing of energy and infrastructure projects in support of the UK's Net Zero transition. Prior to joining the NWF he spent over 15 years working in the energy and natural resources sectors at EBRD, ING Barings and Lloyds Bank, with a focus on direct equity and capital markets. During his career, Adam has advised and led over 30 transactions raising £4bn of capital for growth companies from Europe to Central Asia. Adam holds an Executive MBA from INSEAD and MSc Financial Economics from the University of Leicester.

Adam Howard said:

"I'm happy to be joining Invinity at such an exciting time for the business. I had the opportunity to work with the excellent team at Invinity during their recent fundraise and wanted to join the Company at this pivotal time in its story. The UK is at the forefront of the world in deploying offshore wind and phasing out coal - the next stage of the energy transition is solving the resultant intermittency challenge through long duration energy storage ("LDES"). Invinity is a world leader in this field and has developed one of the most widely deployed LDES battery technologies globally. I am excited to get started and play my part in the future success and growth of the Company."

Jonathan Marren, Chief Executive Officer at Invinity said:

"I'm delighted that Adam has decided to join the executive team. Having worked closely together during his time at the National Wealth Fund, I am confident that Adam will add real value to Invinity from his very first day as CFO. Adam shares our vision for Invinity's future, has experience of the market and the requisite skills to make this vision a reality. I look forward to working closely together with Adam and Matt to deliver on the corporate objectives we set out earlier this year and take Invinity on the next step of its journey towards profitability."

Adam James Howard (aged 41) holds or has held the following directorships or partnerships in the past five years:

Cornish Lithium plc Ingleby Partners Limited Ingleby Living Limited