Xp Power Ltd.LSE: XPP

Rule 12 of the Singapore Takeover Panel

· Issued by Xp Power Ltd.

FOR IMMEDIATE RELEASE

29 MAY 2024

XP POWER LIMITED

DEALINGS DISCLOSURE ANNOUNCEMENT BY BLACKROCK, INC.

Pursuant to Rule 12.1 of the Singapore Code on Take-overs and Mergers (the "Code"), BlackRock, Inc. announces the following dealing in the ordinary shares/financial instruments of XP Power Limited (the "Shares") on the following dates (the "Dealing"): Date of Dealing

Nature of Dealing

Number of Shares

Dealing Price (GBP £)

28 May 2024 - ordinary shares

Sale

1,143

16.03

28 May 2024 - ordinary shares

Sale

3,432

15.96

28 May 2024 - ordinary shares

Loan Out

14,507

N/A

After the Dealing reported above, BlackRock, Inc. holds 1,237,404 Shares (comprised of 1,018,149 ordinary shares & 219,255 financial instruments) representing approximately 5.23% of the total Shares in issue1.

1 The percentage shareholding is computed based on a total of 23,674,254 (excluding treasury shares) as at 27 May 2024 and rounded to the nearest two (2) decimal places.