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Publication of Research Report

Gelion plc announced the publication of a research report by Longspur Capital Limited titled "Cheaper Than China," highlighting the company's Nano-Encapsulated Sulfur (NES™) technology as a low-cost, supply chain-unconstrained alternative to strategic minerals in lithium-ion battery cathodes, which can be integrated into existing manufacturing lines. Disclaimer*

Gelion PlcJune 4, 20264
Publication of Research Report

About this update from Gelion Plc

4 June 2026   Gelion plc ("Gelion", "Company" or the "Group")   Publication of Research Report   Gelion is seeking to replace the strategic minerals in current Lithium-ion battery cathodes with Gelion's Nano-Encapsulated Sulfur (NES™) that are low cost and can be dropped into existing global manufacturing lines.  Gelion's NES™ is made from sulfur which is abundantly available, free from supply chain constraints.   Gelion plc (AIM: GELN), the sulfur battery company , is pleased to announce that Longspur Capital Limited, has today published an in depth report on the Company entitled "Cheaper Than China".   The full report is available on the Company's website.   For more information, please visit Next-Generation Sulfur Battery Technologies | Gelion or contact:   Gelion plc John Wood, CEO Amit Gupta, CFO   via Tavistock Strand Hanson Limited (Nominated and Financial Adviser) Christopher Raggett / Rob Patrick / Harry Marshall +44 (0) 20 7409 3494 Oberon Capital (Joint Broker) Nick Lovering / Mike Seabrook / Adam Pollock   +44 (0) 20 3179 5300 Allenby Capital Limited  (Joint Broker) Jos Pinnington / Lauren Wright (Sales and Corporate Broking) Alex Brearley / Ashur Joseph (Corporate Finance)   +44 (0) 20 3328 5656 Tavistock (Financial & Corporate PR) Simon Hudson / Nick Elwes / Saskia Sizen +44 20 7920 3150 [email protected]     About Gelion Gelion plc, the sulfur battery company is developing next ‑ generation battery technologies that aim to accelerate the clean energy transition by delivering sustainable, high ‑ performance, cost ‑ effective energy storage solutions. Central to its strategy is proprietary sulfur ‑ based cathode active material (CAM) technology, which uses nanoconfinement to control sulfur behaviour in lithium ‑ sulfur and room ‑ temperature sodium ‑ sulfur battery architectures Nano-Encapsulated Sulfur (NES ™ ), addressing historical performance limitations and enabling compatibility with standard lithium ‑ ion and sodium ‑ ion manufacturing infrastructure. The NES ™ material has been developed with the goal of having "drop in" capability in place of alternate cathode materials to support scalable production in existing gigafactories and targets critical benchmarks for energy density and power performance, with applications across electric mobility, e ‑ aviation, grid and stationary storage. Gelion works with blue-chip industrial and research partners to commercialise its technology and deliver integrated energy storage systems that support global decarbonisation goals.   -ends-

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