Exclusivity agreement with Design Blue Limited

Zotefoams plc

("Zotefoams" or "Group")

Exclusivity agreement with personal protection experts Design Blue Limited

19 April 2024 - Zotefoams, a world leader in cellular materials, is pleased to announce that it has entered into an exclusivity agreement with design and technology company, Design Blue Limited ('DBL') in relation to a newly launched foam material, developed in partnership with DBL, for high-performance impact protection solutions for the defence and law enforcement sectors.

Regarded as world leaders in impact protection, DBL designs and manufactures high-performance, shock absorbing and ballistic solutions under the D3O and Delta Three Oscar brand, producing solutions for global customers that include the US Department of Defence, Harley Davidson, Fox and Adidas. As well as being used by Formula 1 and NASCAR race teams, D3O materials can be found throughout a wide range of categories including sports, electronics, motorcycle, automotive, defence and law enforcement.

For the first time, Zotefoams' ZOTEK^® NC, a lightweight high-performance, nylon-based foam, will be designed into D3O's highly effective body armour and ballistic helmet liner systems - offering high levels of impact protection at very light weight.

David Stirling, Zotefoams Group CEO, comments, "We are delighted to announce our partnership with DBL, who will harness the exceptional performance benefits of Zotefoams' high-performance material to revolutionise personal protection for those working in defence and law enforcement. This partnership perfectly aligns with our purpose of creating optimal material solutions for the benefit of society."

Stuart Sawyer, DBL CEO, comments, "This partnership enables D3O to take another step towards our vision of saving lives. By combining D3O's strengths of protecting people, with Zotefoams' unique technology, we are introducing a new era of ultra-lightweight, environment-stable ballistic protection that will re-define the industry standard of protection."

-ENDS-

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About Zotefoams plc

Zotefoams plc (LSE - ZTF) is a world leader in cellular materials technology delivering optimal material solutions for the benefit of society. Utilising a variety of unique manufacturing processes, including environmentally friendly nitrogen expansion for lightweight AZOTE^® polyolefin and ZOTEK^® high-performance foams, Zotefoams sells to diverse markets worldwide. Zotefoams uses its own cellular materials to manufacture T-FIT^® advanced insulation for demanding industrial markets. Zotefoams also owns and licenses patented microcellular foam technology to reduce plastic use in extrusion applications and for ReZorce^® mono-material recyclable barrier packaging.

Zotefoams is headquartered in Croydon, UK, with additional manufacturing sites in Kentucky, USA and Brzeg, Poland (foam manufacture), Oklahoma, USA (foam products manufacture and conversion), Massachusetts, USA and Stilling, Denmark (microcellular foam technology) and Jiangsu Province, China (T-FIT).

www.zotefoams.com

AZOTE^®, ZOTEK^®, ReZorce^® and T-FIT^® are registered trademarks of Zotefoams plc.