Glass Lewis and ISS recommendations

Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from its technology platform, notes the voting recommendations published by Glass Lewis & Co ("Glass Lewis") and Institutional Shareholder Services ("ISS") in relation to the Group's forthcoming General Meeting to be held on 13 December 2024.

Both Glass Lewis and ISS recommend that shareholders:

• Vote AGAINST the appointment of Rhys Drennan Summerton as a director of the Company
• Vote AGAINST the appointment of Andre Charles Tonkin as a director of the Company

Christopher Richards, Non-Executive Chairman of Nanoco, commented:

"It is encouraging that both Glass Lewis and ISS have supported the Board's recommendations to vote against both resolutions at our upcoming general meeting.

We have been clear that the Board believe that the Resolutions are not aligned with the interests of all of the Company's Shareholders and would be highly disruptive to the Board's ability to execute its clear strategy to deliver value to Shareholders.

Given the composition of Nanoco's shareholder register, it is critical that all shareholders vote at the upcoming general meeting in order to protect their future returns. If shareholders have any questions on how to vote their shares, particularly through nominee accounts, I would personally urge them to contact us."

For shareholder enquiries on how to vote your shares, or instruct your broker on how to vote shares on your behalf, please contact nanoco@georgeson.com.

Nanoco Group plc:

Christopher Richards, Chairman +44 (0)1928 761 404

Dmitry Shashkov, CEO

Liam Gray, CFO & Company Secretary

Cavendish Capital Markets Limited (Financial Adviser and Corporate Broker):

Ed Frisby / George Lawson (Corporate Finance) +44 (0) 20 7220 0500

Tim Redfern / Charlie Combe (Corporate Broking)

Jasper Berry (Sales)

CDX Advisors (Financial Adviser):

Steven Foland +1 415 425 2224

Steve Month

Patrick Foley

Sodali & Co (Public Relations)

Elly Williamson +44 (0)79 3535 1934

Pete Lambie