H-power PlcLSE: HPOW

Generator Attestation of Conformity for CE Mark

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER ARTICLE 7 OF THE EU REGULATION 596/2014 AS IT FORMS PART OF THE UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

4 March 2024

AFC Energy PLC

("AFC Energy" or the "Company")

H-Power Generator Receives Attestation of Conformity for CE Mark

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce receipt of its first independent Attestation of Conformity certificate for CE Mark from German certification agency TÜV SÜD for the 30kW H-Power S Series Generator. 

TÜV SÜD's Attestation of Conformity is globally recognised and respected as an independent validation of a product's compliance with all applicable directives and standards required for issuance of the CE Mark, which is a prerequisite for commercial product sales into the European, UK and other international markets that recognise CE Marks.

This is a major achievement in the commercialisation of AFC Energy's state of the art H-Power Generator platform, providing customers and partners such as Speedy Hire and Acciona with the assurance of a fuel cell generator product that is compliant with requisite laws and standards. 

Adam Bond, Chief Executive at AFC Energy, said: 

"AFC Energy's first CE Mark Attestation of Conformity reinforces the significant progress made by the Company in recent years in bringing to market a compliant and viable product in the form of our 30kW H-Power Generator.  Our customers and partners demand the highest of product standards and today's announcement demonstrates our ability to meet the demanding requirements from the world's leading independent certification agencies. Congratulations to all who have worked tirelessly in delivering this important milestone for the Company".  

For further information, please contact:

AFC Energy plc

Adam Bond (Chief Executive Officer) 

+44 (0) 14 8327 6726

investors@afcenergy.com

Peel Hunt LLP - Nominated Adviser and Joint Broker

Richard Crichton / Tom Ballard / Georgia Langoulant

+44 (0) 207 418 8900

Zeus - Joint Broker

David Foreman / James Hornigold (Investment Banking)

Dominic King (Corporate Broking) / Rupert Woolfenden (Sales)

+44 (0) 203 829 5000

RBC Capital Markets - Joint Broker

Matthew Coakes / Teri Su

Eduardo Famini / Jack Wood

FTI Consulting - Financial PR Advisors

Ben Brewerton / Tilly Abraham / Evie Taylor

+44 (0) 20 7653 4000

+44 (0) 203 727 1000

afcenergy@fticonsulting.com

About AFC Energy

AFC Energy plc is a leading provider of hydrogen energy solutions, to provide clean electricity for on and off grid power applications. The Company's fuel cell technology is now deployable as electric vehicle chargers, off-grid decentralised power systems for construction and temporary power with emerging opportunities across maritime, data centres and rail as part of a portfolio approach to the decarbonisation of society's growing electrification needs.