Block Listing Application

14 January 2025

Ceres Power Holdings plc

("Ceres Power" or the "Company")

Block Listing Application

Block Listing Application

The Company has made an application to the London Stock Exchange Plc for a block listing of 1,100,000 Ordinary Shares of 10 pence each ("Ordinary Shares").  The Ordinary Shares will be allotted from time to time in accordance with the exercise of options under the Company's Long Term Incentive Plan (LTIP) and Sharesave Plan.

It is expected that the block admission will become effective on 16 January 2025.

The Ordinary Shares, when issued, shall rank equally with the Company's existing issued Ordinary Shares.

For further information visit www.ceres.tech or contact:

About Ceres Power

Ceres is a leading developer of clean energy technology: electrolysis for the production of green hydrogen and fuel cells for power generation. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Bosch, Doosan, Delta, Denso, Shell, Thermax and Weichai. Ceres' solid oxide technology supports greater electrification of our energy systems and produces green hydrogen at high-efficiencies as a route to decarbonise emissions-intensive industries such as steelmaking, ammonia and future fuels. Ceres is listed on the London Stock Exchange ("LSE") (LSE: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy. Read more on our website www.ceres.tech or follow us on LinkedIn.