2 October 2023

Quadrise Plc
("Quadrise" or the "Company")

Directorate Change

Quadrise Plc (AIM: QED), the supplier of innovative energy solutions for a cleaner planet, is pleased to announce the appointment of Vicky Boiten-Lee (also known as Vicky Su Yin Lee) as Non-Executive Director with immediate effect.

Vicky has more than 20 years of international experience in the energy sector with Shell. She spent 10 years working in South East Asia and the balance working out of London covering global businesses across Europe, North America, China, and Asia. Between 2015 and 2021, Vicky led Shell's global marketing for automotive lubricants and downstream fuels, including Shell's entry into Electric Vehicle fast-charging. She focuses on delivering value from the transition to net zero and has led organisational transformations accelerating the growth of lower-carbon fuels, developing circular supply chains, and reducing the cost of compliance.

Vicky holds a B.Eng degree from Universiti Malaya, an MBA from Strathclyde University, and studied Business and Sustainability Leadership at Cambridge University.

In conjunction with the appointment of a new non-executive director, Philip Snaith stepped down as a director of the Company on 30 September 2023 after a nine-year tenure as a non-executive director in order to focus on his other commitments. Quadrise wishes to thank Philip for his contribution to the Company.

Andy Morrison, Chairman of Quadrise commented:

"On behalf of the Board, I'd like to thank Phil for his commitment and valuable contributions to the business. The Board would like to wish him all the best for the future.

Concurrently, we are delighted to welcome Vicky to the board as a Non-Executive Director. Vicky brings many years of energy and advisory experience and was instrumental in the publication of Quadrise's inaugural sustainability report last year. Her experience in and knowledge of the energy sector and in particular ESG will be important in the years ahead as Quadrise moves towards commercialisation."

Other than her appointment to the Board of the Company, Vicky Su Yin Lee, aged 48, does not hold, and has not held in the past five years, any other directorships or partnerships and currently has no interest in the Company's ordinary shares.

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About Quadrise

Quadrise is the supplier of MSAR® and bioMSAR™ emulsion technology, fuels and biofuels, providing innovative solutions to reduce energy costs and greenhouse gas emissions today for clients in the global power generation, shipping, industrial and refining industries.

Learn more at: www.quadrise.com