Press Release

24 May 2024

Ashington Innovation plc

("Ashington" or "the Company")

Posting of Annual Report and Notice of Annual General Meeting

Ashington Innovation plc (LSE: ASHI; FSE: 6FW), a special purpose acquisition company ("SPAC"), announces it will hold its Annual General Meeting ("AGM") at 11:00 a.m. on 17 June 2024 at the offices of Fladgate LLP at 16 Great Queen Street, London, WC2B 5DG.

Details of the arrangements for this year's AGM are set out in the Notice of AGM. The Notice of AGM, together with the Company's Annual Report and Financial Statements for the 17 months ended 31 December 2023 and a Form of Proxy, will be posted to shareholders today. Copies of the Notice of AGM and the Company's Annual Report and Financial Statements will shortly be available on the Company's website.

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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, in particular the financial services technology and deep technology sectors.

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.ashingtoninnovation.com.