Results of 2024 Annual General Meeting

About this update from Chesterfield Special Cylinders Holdings Plc

21 March 2024 Pressure Technologies plc ("Pressure Technologies" or "the Company")   Results of 2024 Annual General Meeting   Pressure Technologies plc (AIM: PRES), the specialist engineering group,  announces the voting results of its 2024 annual general meeting (the "AGM") held today. Resolutions 1-12 were proposed by the Board and all were duly passed. Resolution 13 was proposed by the Board as a special resolution, requiring a 75% majority of votes cast to pass. This resolution received votes in favour equating to 66.34% of those cast and so was not passed. The Board notes this vote against Resolution 13 and will engage with shareholders to understand their views. The total votes were cast as follows:   Resolution For % Against % Withheld** 1 To receive and adopt the FY23 audited Annual Report & Financial Statements 24,236,812 99.98 6,000 0.02 11,144 2 To approve the Directors' Remuneration Report in the FY23 Annual Report & Financial Statements 17,730,648 99.90 18,314 0.10 6,504,964 3 To re-appoint Nick Salmon as a Director 17,736,515 99.90 17,114 0.10 6,500,297 4 To re-appoint Chris Walters as a Director 24,236,515 99.93 17,114 0.07 297 5 To re-appoint Steve Hammell as a Director 24,236,515 99.93 17,114 0.07 297 6 To re-appoint Mike Butterworth as a Director 17,736,315 99.90 17,314 0.10 6,500,297 7 To re-appoint Tim Cooper as a Director 17,736,515 99.90 17,114 0.10 6,500,297 8 To re-appoint Richard Staveley as a Director 24,231,551 99.91 22,078 0.09 297 9 To re-appoint Cooper Parry as Auditor 24,231,312 99.95 11,500 0.05 11,144 10 To authorise the Audit & Risk Committee to set the Auditor's remuneration 24,231,015 99.91 22,614 0.09 297 11 To authorise the Directors to allot shares 16,327,509 67.32 7,926,417 32.68 0 12 To authorise the Company to purchase its own shares* 22,886,823 94.36 1,367,103 5.64 0 13 To disapply pre-emption rights* 16,089,797 66.34 8,164,129 33.66 0   * Special Resolution ** A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes 'For' and 'Against' any of the resolutions.   Notes 1.    Any proxy appointments, which gave discretion to the Chair, have been included in the 'for' votes total. 2.    At the date of the notice of the AGM the total number of shares in issue was 38,667,163.     For further information, please contact:   Pressure Technologies plc   Chris Walters, Chief Executive   Steve Hammell, Chief Financial Officer Tel: 0333 015 0710 [email protected]   Singer Capital Markets (Nomad and Broker)   Rick Thompson / Asha Chotai Tel: 0207 496 3000 COMPANY DESCRIPTION   www.pressuretechnologies.com   With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial and hydrogen energy markets. The Group has two divisions:   ·    Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com   ·    Precision Machined Components (PMC) - www.pt-pmc.com o  Includes the Al-Met, Roota Engineering and Martract sites.

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