AVON TECHNOLOGIES PLC

("Avon" or the "Group")

$20.3M ACH GEN II DELIVERY ORDER

Avon Technologies plc is pleased to confirm that Team Wendy Ceradyne has received a further delivery order worth $20.3 million from the U.S. Defense Logistics Agency ("DLA") under the second-generation Advanced Combat Helmet ("ACH GEN II") framework contract originally announced in February 2022. This order fulfils the maximum volume authorized for the current option year.

Jos Sclater, Chief Executive Officer, commented:

"This additional delivery order is another strong endorsement of Team Wendy's performance and reliability. Bringing the current option year to its maximum ordering volume demonstrates the confidence DLA has in our ability to manufacture and deliver ACH Gen II helmets to schedule.

We remain focused on supporting the warfighter and delivering for our customer. This award helps cement our continued, long-term relationship with the customer on ACH in the coming years and reflects the progress Team Wendy has made in operational performance, execution and reliability."

For further enquiries, please contact:

Avon Technologies plc

Jos Sclater, Chief Executive Officer                                                   

Rich Cashin, Chief Financial Officer                 [email protected]

Gabriella Colley, Corporate Affairs Director                                                 +44 7891 206 239

Sodali & Co

Pete Lambie                                                                               [email protected]

Tilly Abraham                                                                                                 +44 7855 432 699

About Avon Technologies plc:

Avon Technologies is a Military and Law Enforcement protective equipment specialist. Our products are trusted to protect over 4 million service personnel and first responders in over 70 markets around the world.  

Driven by a culture of continuous improvement, we empower every individual in our organisation to identify opportunities and implement meaningful change. This commitment fuels our innovation and ensures we're constantly advancing our mission: to provide unparalleled protection for those who protect us. 

Our business is structured around two Strategic Business Units: 

·      Avon Protection - a leading provider of advanced respiratory and integrated protective systems. 

·      Team Wendy - a specialist in high-performance ballistic and impact protection helmet systems. 

For further information, please visit our website www.avon-technologiesplc.com 

Legal Entity Identifier: 213800JM1AN62REBWA71