Company Announcements

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

System deliveries

Proton Motor Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, announces that it has delivered three of its emission-free high-tech innovation "HyFrame® S36" systems to its new customer, WILO SE ("Wilo").

The Dortmund-based group, Wilo (www.wilo.com), is a leading provider of pumps and pump systems for the building services, water management and industrial sectors.

The modular and universally applicable "HyFrame® S36" systems, supplied by the Company, can generate 36kW of electricity each and will be integrated as components into Wilo's planned "H₂Powerplant". The pilot project will serve as an emergency power plant for Wilo's headquarters "Wilopark" in the south of Dortmund, which was inaugurated in 2021. The state of North Rhine-Westphalia and the city of Dortmund issued the official building permit in the Spring of 2022.

Dr. Nahab, CEO of Proton, commented: "The entire Proton Motor team is very proud of the powerful hydrogen fuel cells we have provided and which provide a decentralised and decarbonised energy supply. We are confident that they will make a decisive contribution to the success of a sustainable energy transition for industrial companies such as Wilo."

For further information:

Proton Motor Power Systems Plc  

Dr Faiz Nahab, CEO   

Helmut Gierse, Chairman                                                                                                      

Roman Kotlarzewski, CFO                                          +49 (0) 173 189 0923

Antonio Bossi, Non-Executive Director          

Investor relations:                                           www.protonpowersystems.com

investor-relations@proton-motor.de

Allenby Capital Limited       

Nominated Adviser & Broker                                     +44 (0) 20 3328 5656

James Reeve / Vivek Bhardwaj         

About Proton Motor Power Systems plc

Proton Motor has more than 20 years of experience in Power Solutions using CleanTech technologies such as hydrogen fuel cells and fuel cell hybrid systems with a zero carbon footprint.  Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source - from the development and production through the implementation of customised solutions.  The focus of Proton Motor is on back-to-base, for example, for mobile, marine and stationary solutions applications.  The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customised systems.

Proton Motor serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, SPower also offers solutions for Solar Systems as well as a product line for Solar Energy Storage.

Proton Motor Fuel Cell GmbH is a wholly owned subsidiary of Proton Motor Power Systems plc. The Company has been quoted on the AIM market of the London Stock Exchange since October 2006 (code:PPS).

About Wilo SE

The Wilo Group is one of the world's leading premium providers of pumps and pump systems for the building services, water management and industrial sectors.

The Wilo Group operates in five market segments: Building Services Residential, Building Services Commercial, OEM (Original Equipment Manufacturers), Water Management and Industry.

Wilo's innovative solutions, smart products and individual services move water in an intelligent, efficient and climate-friendly manner. Wilo is also making an important contribution to climate protection with its sustainability strategy in conjunction with its partners.