IQE plc

Cardiff, UK

30 May 2023

Notice of Annual General Meeting and Annual Report

IQE plc (AIM:  IQE, "IQE" or the "Group"), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, announces the publication of IQE's 2023 Notice of Annual General Meeting (AGM), which is now available to view on IQE's corporate website at www.iqep.com/investors/agm/. The AGM will be held at 9:00am on Thursday 29 June 2023 at White & Case LLP, 5 Old Broad St, London EC2N 1DW.

Instructions on how shareholders may vote at the AGM and pose questions to the Board are contained in the Notice of AGM. The Company will conduct votes on all resolutions by way of a poll to ensure that the votes of all shareholders are counted, the results of which will be announced during the meeting.

IQE's 2022 Annual Report and Accounts are also now available at www.iqep.com/investors/results-reports-presentations/ and will be posted to shareholders together with the 2023 Notice of Annual General Meeting today.

Contacts:

IQE plc

+44 (0) 29 2083 9400

Americo Lemos

Tim Pullen

Amy Barlow

Peel Hunt (Nomad and Joint Broker)

+44 (0) 20 7418 8900

Paul Gillam

Richard Chambers

James Smith

Numis (Joint Broker)

+44 (0) 20 7260 1000

Simon Willis

Hugo Rubinstein

Iqra Amin

Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822

Andy Rivett-Carnac: +44 (0) 7968 997 365

Chloe Francklin: +44 (0)78 3497 4624

ABOUT IQE

http://iqep.com

IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:

·    Smart Connected Devices

·    Communications Infrastructure

·    Automotive and Industrial

·    Aerospace and Security

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the global market and is enabling customers to innovate at chip and OEM level. By leveraging the Group's intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield and unit economics.

IQE is headquartered in Cardiff UK, with employees across eight manufacturing locations in the UK, US and Taiwan, and is listed on the AIM Stock Exchange in London.