Result of AGM

About this update from Velocity Composites Plc

11 March 2025 Velocity Composites plc ("Velocity", the "Company", the "Group")   Results of Annual General Meeting   Velocity Composites plc (AIM: VEL.L), the leading supplier of composite material kits to aerospace and other high-performance manufacturers, announces that the resolutions put to Shareholders at the Annual General Meeting of the Company held earlier today were duly passed.   The votes cast at the Annual General Meeting, including proxy votes, were as follows:   Resolution Number Number of Votes For % of Votes For Number of Votes Against % of Votes Against Number of Votes Withheld 1 22,849,381 100.00% Nil 0.00% 3,076 2 22,417,638 98.25% 400,212 1.75% 34,607 3 22,656,514 99.84% 35,792 0.16% 160,151 4 22,659,214 99.17% 189,417 0.83% 3,826 5 22,658,788 99.85% 33,518 0.15% 160,151 6 22,659,214 99.85% 33,092 0.15% 160,151 7 22,665,101 99.88% 27,955 0.12% 159,401 8 22,666,101 99.32% 156,325 0.68% 30,031 9 22,610,760 98.96% 238,621 1.04% 3,076 10 17,910,585 98.46% 279,840 1.54% 4,662,032 11 18,140,985 98.70% 239,040 1.30% 4,472,432 12 Resolution withdrawn   A "vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" and resolution.   Enquiries:   Velocity Composites plc Andy Beaden, Chairman Jon Bridges, Chief Executive Officer Rob Smith, Group Chief Financial Officer   +44 (0) 1282 577577 Canaccord Genuity Limited Nominated Adviser and Joint Broker Max Hartley George Grainger   +44 (0) 20 7523 8000 Dowgate Capital Limited Joint Broker Russell Cook Nick Chambers   +44 (0) 20 3903 7715 SEC Newgate Financial Communications Robin Tozer George Esmond Harry Handyside +44 (0)7540 106 366 [email protected]   About Velocity Composites plc Based in Burnley, UK, Velocity is the leading supplier of composite material kits to aerospace, that reduce costs and improve sustainability.  Customers include Airbus, Boeing, and GKN.   By using Velocity's proprietary technology, manufacturers can also free up internal resources to focus on their core business.  Velocity has significant potential for expansion, both in the UK and abroad, including into new market areas, such as wind energy, urban air mobility and electric vehicles, where the demand for composites is expected to grow.    

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