2 February 2026

Volution Group plc

Completion of Acquisition of AC Industries in Australia

Volution Group plc ("Volution" or the "Group"), a leading international designer and manufacturer of energy efficient indoor air quality solutions, is pleased to announce that it has completed the acquisition of AC Industries ("ACI") in Australia, which provides ducting solutions for copper and gold mines.

Ronnie George, Volution Chief Executive Officer, commented:

"On behalf of the Volution team, I'm delighted to complete the acquisition of ACI, further extending our market reach across the Australasian region.  We're excited to work with the talented ACI team and to support them as they continue their impressive growth journey and build on their strong market position."

For further information on the acquisition please refer to the announcement and presentation of 10 December 2025 at the following links:

ACI Announcement - 10 December 2025

ACI Presentation - 10 December 2025

Volution will publish its Half Year Results on Thursday 12 March 2026.

-ends-

For further information:

Volution Group plc

Ronnie George, Chief Executive Officer                          +44 (0) 1293 441501

Andy O'Brien, Chief Financial Officer                              +44 (0) 1293 441536

FTI Consulting                                                                       +44 (0) 203 727 1340

Richard Mountain

Volution Group plc Legal Entity Identifier: 213800EPT84EQCDHO768.

Note to Editors:

Volution Group plc (LSE: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions.  Volution Group comprises 30 key brands across three regions:

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer, Ventilair, ClimaRad, ERI Corporation, VMI, I-Vent.

Australasia: Simx, Ventair, Manrose, DVS, Fantech, Ideal Air, NCS Acoustics, Air Design, Major Air, Systemaire, Burra Steel, ACI.

For more information, please go to: www.volutiongroupplc.com