Press Release

09 August 2023

Ashington Innovation plc

("Ashington" or "the Company")

Change of Accounting Reference Date

Ashington Innovation plc (LSE: ASHI), a special purpose acquisition company, announces a change to its accounting reference date and financial year end from 31 July to 31 December with immediate effect.

As a result of this change in the accounting reference date, Ashington's financial reporting timetable will be as follows:

·   Publication of audited annual results for the 17 months to 31 December 2023 (including the Company's firstseven months as a listed plc), by 30 April 2024.

·    Publication of unaudited interim accounts for the 6 months to 30 June 2024, by 30 September 2024.

·    Publication of audited annual results for the 12 months to 31 December 2024, by 30 April 2025.

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About Ashington Innovation plc

Ashington Innovation PLC is a special purpose acquisition company (SPAC), formed with the intention of acquiring businesses operating in the technology sector.

The Company believes that in the increasingly fast-changing global environment there will be an abundance of opportunities to acquire existing businesses in the technology sector, and in particular businesses that possess and utilise proprietary technologies and own applicable intellectual property.

The Company is not limited to any specific geographic region in identifying its target companies.

www.ashingtoninnovationplc.com