Company Announcements

For Release:

22 November 2023

discoverIE Group plc

Notice of Interim Results

discoverIE Group plc (LSE: DSCV), a leading international designer and manufacturer of customised electronics for industrial applications, will announce its Interim Results for the six months ended 30 September 2023 on Tuesday, 5 December 2023.

An analyst presentation will be held at the offices of Peel Hunt at 09:30 GMT on the day of the results. The presentation will also be accessible via live webcast on discoverIE's corporate website www.discoverIEplc.com

If you would like to attend in person, please contact discoverIE@buchanan.uk.com.

Enquiries:

Notes to Editors:

About discoverIE Group plc

discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial applications.

The Group provides application-specific components to original equipment manufacturers ("OEMs") internationally through its two divisions, Magnetics & Controls, and Sensing & Connectivity. By designing components that meet customers' unique requirements, which are then manufactured and supplied throughout the life of their production, a high level of repeating revenue is generated with long-term customer relationships.

With a focus on sustainable key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, electrification of transportation, and industrial automation & connectivity, the Group aims to achieve organic growth that is well ahead of GDP and to supplement that with complementary acquisitions. The Group is committed to reducing the impact of its operations on the environment with an SBTi aligned plan to reach net zero. With its key markets aligned with a sustainable future, the Group has been awarded an ESG "AA" rating by MSCI and is Regional (Europe) Top Rated by Sustainalytics.

The Group employs c.4,900 people across 20 countries with its principal operating units located in Continental Europe, the UK, China, Sri Lanka, India, Thailand and North America.

discoverIE is listed on the Main Market of the London Stock Exchange and is a member of the FTSE250, classified within the Electronic and Electrical Equipment sector.