Notice of Trading Update and Investor Presentation

18 May 2021

ITM Power plc

("ITM Power" or the "Company")

Notice of Trading Update

Analyst and investor presentation

ITM Power (AIM: ITM), the energy storage and clean fuel company, announces that it will issue a Trading Update for the year ended 30 April 2021 on Thursday 10 June 2021.  There will be an analyst and investor presentation on the day at 1400h BST on the Investor Meet Company platform.  Those wishing to attend can register for the event at: https://www.investormeetcompany.com/itm-power-plc/register-investor 

On the same day, ITM Power's partner Linde will be holding a green hydrogen seminar between 0900h and 1130h BST (1000h-1230h CET) which will cover, among other things, the Company's joint-venture with Linde, ITM Linde Electrolysis. Those wishing to attend this event should register at: https://www.engineering.linde.com/green-hydrogen-seminar2

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For further information please visit www.itm-power.com or contact:

About ITM Power plc:

ITM Power plc manufactures integrated hydrogen energy solutions for grid balancing, energy storage and the production of renewable hydrogen for transport, renewable heat and chemicals. ITM Power plc was admitted to the AIM market of the London Stock Exchange in 2004. In October 2019, the Company announced the completion of a £58.8 million fundraising, including an investment by Linde of £38 million, together with the formation of a joint venture with Linde to focus on delivering renewable hydrogen to large-scale industrial projects worldwide. ITM Power signed a deal to deploy a 10MW electrolyser at Shell's Rhineland refinery. In November 2020, ITM Power completed a £172m fundraising, including a £30m investment by Snam, one of the world's leading energy infrastructure operators. ITM Power operates from the world's largest electrolyser factory in Sheffield with a capacity of 1GW (1,000MW) per annum. ITM Power received an order for the world's largest PEM electrolyser of 24MW from Linde in January 2021. Other customers and partners include Sumitomo, Ørsted, Phillips 66, Scottish Power, Siemens Gamesa, Cadent, Northern Gas Networks, Gasunie, RWE, Engie, GNVert, National Express, Toyota, Hyundai and Anglo American among others.