Reach - non-regulatory announcement*

21 June 2023

Active Energy Group Plc

("Active Energy", "AEG", the "Company" or the "Group")

Award of trademarks

Active Energy (AIM:AEG, OTCQB:ATGVF), the international biomass based renewable energy business, is pleased to announce it has received a trademark for the registration of CoalSwitch® in the European Union.

The European Union Intellectual Property Office has issued Trademark Registration No. 018826869 for CoalSwitch®. The trademark follows earlier trademarks in the United States and UK and is an important step for AEG as it grows its intellectual property portfolio through the continued development of its CoalSwitch® technology.

AEG's next generation biomass technology, CoalSwitch®, has been shown to reduce CO₂ emissions by up to 99 per cent. compared to coal and up to 97 per cent. compared to natural gas in an independent report from Life Cycle Associates. This is in addition to independent testing carried out under the STEP programme that showed this fuel can readily co-fire with coal and in doing so significantly reduces emissions and produces fewer pollutants.

Michael Rowan, CEO of Active Energy, commented: "The award of this trademark is another great step for AEG and the development of CoalSwitch®. We now have trademarks in the US, UK and European Union and we continue to focus on protecting and growing our intellectual property portfolio as we deliver on our strategy of producing a next generation biomass pellet."

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