Appointment of Alternate Director.

CEPS PLC

 ("CEPS" or the "Company")

Appointment of Alternate Director

CEPS is pleased to announce the appointment of Mr Harry Horner as an Alternate Director to Executive Chairman, David Horner, with immediate effect. David Horner will remain in position as Executive Chairman and will continue his duties as an executive director and the Chairman of CEPS. Harry Horner is the son of David Horner and will attend certain Board meetings in the event of David's absence. Harry Horner will be unpaid for his role as Alternate Director. This appointment has been approved by the Board of Directors of the Company.

Since 2020 Harry Horner has served as the Strategy & Insights Lead at cCarbon.info (a division of cKinetics), where he oversees the evolution of cCarbon.info's products, is the editor-in-chief for its insight reports, and helps guide the team into newer markets and opportunities. From January 2022 to date, Harry Horner was appointed a Director of Idyll Company LDA. Idyll Company LDA is based in Portugal and is involved in rural hospitality and environmental regeneration. Between 2015 and 2018 Harry Horner was the European Content Manager at Climate Connect Technologies, based in India and the Netherlands and a Director of Chelverton Asset Management Holdings Limited from 2017 to 2024.

Mr Horner graduated from Oxford University in 2015 with an MA in History and Economics.

Pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies, the following information is disclosed in respect of Mr Harry Roy Horner (aged 30):

Mr Horner holds 100,000 ordinary shares of 0.3 pence each in the Company, representing approximately 0.48% of the Company's issued share capital, and no options or warrants over ordinary shares in the Company. Mr Harry Horner's shareholding constitutes part of the Horner family shareholding, being 6,299,000 Ordinary Shares in the Company, representing 29.99% of the Company's issued share capital. There is no further information regarding Harry Horner required to be disclosed under the AIM Rules.

The Directors of the Company take responsibility for the content of this announcement.

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