30th June 2023

Ondo InsurTech Plc ("Ondo" or "the Company")

Accounting Reference Period

Further to the RNS released on 26th September 2022, Ondo InsurTech Plc (LON: ONDO) confirms the revised year end date and arrangements.

Ondo advises that the permitted period for publication of its audited results is four months from end of the applicable period so that is until 31 July 2023, with the AGM to be held on or before 30 September 2023. In order to accommodate the significant post-period items into the narrative and to present the most comprehensive picture to investors, the results are now expected to be released on or before 31 July 2023. A Notice of AGM will be published on or around the same date. 

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About Ondo InsurTech PLC

Ondo InsurTech Plc is a world leading provider of claims prevention technology for home insurers. Ondo's focus is on the global scale-up of LeakBot - claims prevention technology that prevents water damage claims in houses.  Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined.  LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to 'find and fix' the problem.  Recent independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by 70%.

LeakBot partners with 11 insurance carriers - including Admiral, Direct Line Group, Hiscox, Mapfre and TopDanmark - across 5 different countries, in Europe and the USA.

In March 2022 LeakBot became the first InsurTech to IPO in London, as Ondo InsurTech Plc (LSE:ONDO).

For more information, visit www.ondoplc.com