REACH

17 January 2025

CAP-XX Limited

("CAP-XX" or "the Company")

Strategic Distribution Agreement with JM Elektronik to Expand Presence in Poland

The Board of CAP-XX, a global leader in supercapacitor and energy management system design, is pleased to announce the signing of a franchised distribution agreement with JM elektronik sp. z o.o. ("JM Elektronik"), a leading Polish-based electronic component distributor. This agreement grants JM Elektronik the rights to distribute CAP-XX's full range of high-performance supercapacitor products throughout Poland.

JM Elektronik will target key growth markets, including smart metering, home automation, point-of-sale systems, lighting, medical devices, and industrial controls. With its strong industry presence, JM Elektronik is well-positioned to drive demand for CAP-XX's innovative energy storage solutions across these sectors in Poland.

JM Elektronik was established over 30 years ago and is a family-owned company. It is a trusted supplier of electronic components and is one of the most prominent electronics manufacturing services providers in Poland with nearly 1,000 active clients.

CAP-XX's Chief Executive, Lars Stegmann, commented: "We are excited to partner with JM Elektronik to expand our market reach in Poland.  Its extensive experience and strong customer relationships make it an ideal partner to introduce CAP-XX's supercapacitor technology to new industries and applications.  This strategic alliance marks a significant milestone for CAP-XX as it continues to grow its international footprint and deliver advanced energy storage solutions for a smarter and more efficient world."

For further information contact:

CAP-XX Limited                                                                                                     +61 (2) 9157 0000

Pat Elliott (Chairman)

Lars Stegmann (Chief Executive Officer)

Allenby Capital (Nominated Adviser and Joint Broker)                                     +44 (0) 20 3328 5656

David Hart / Piers Shimwell (Corporate Finance)

Jos Pinnington/Tony Quirke / (Sales and Corporate Broking)

About CAP-XX

CAP-XX (LSE: CPX) is a leader in the design and manufacture of thin, flat supercapacitors and energy management systems used in portable and small-scale electronic devices, and to an increasing extent, in larger applications such as automotive and renewable energy. The unique feature of CAP-XX supercapacitors is their very high-power density and high energy storage capacity in a space-efficient prismatic package. These attributes are essential in power-hungry consumer and industrial electronics and deliver similar benefits in automotive and other transportation applications.

About JM Elektronik

JM Elektronik is a leading Polish distributor of electronic components and EMS provider, offering comprehensive support for customers in electronics design and production. The company is committed to providing high-quality products and services that drive technological innovation.

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