23 February 2021
VELOCITY COMPOSITES PLC
("Velocity" or the "Company")
Results of Annual General Meeting
Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced composite material kits to the aerospace market, announces that the resolutions put to Shareholders at the Annual General Meeting of the Company held earlier today were duly passed.
The proxy votes cast prior to the Annual General Meeting were as follows:
| Resolutions | For | % | Against | % | Withheld |
| 1 | 19,102,496 | 100.00% | 0 | 0.00% | 0 |
| 2 | 18,924,244 | 99.64% | 68,252 | 0.36% | 110,000 |
| 3 | 19,059,708 | 100.00% | 0 | 0.00% | 42,788 |
| 4 | 19,059,708 | 100.00% | 0 | 0.00% | 42,788 |
| 5 | 19,059,708 | 99.78% | 42,788 | 0.22% | 0 |
| 6 | 19,059,708 | 100.00% | 0 | 0.00% | 42,788 |
| 7 | 19,059,708 | 100.00% | 0 | 0.00% | 42,788 |
| 8 | 19,059,708 | 99.78% | 42,788 | 0.22% | 0 |
| 9 | 19,034,244 | 99.65% | 66,106 | 0.35% | 2,146 |
| 10 | 19,086,359 | 99.92% | 16,137 | 0.08% | 0 |
| 11 | 17,530,991 | 100.00% | 0 | 0.00% | 1,571,505 |
A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
Enquiries:
| Velocity Composites plc Andy Beaden, Chairman Jon Bridges, Chief Executive Officer Chris Williams, Finance Director
| +44 (0)1282 577577
|
| Cenkos Securities (Nominated Adviser and Broker) Russell Cook Ben Jeynes | +44 (0)20 7397 8900
|
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