TIDMAGM

RNS Number : 2544T

Applied Graphene Materials PLC

24 March 2021

24 March 2021

Applied Graphene Materials plc

("Applied Graphene Materials", "AGM" or "the Group")

DIRECTORATE CHANGE - MIKE TOWNEND

Applied Graphene Materials, the producer of specialty graphene materials, announces that Mike Townend has indicated that he wishes to step down as a Non-Executive Director from the AGM Board with effect from 25 March 2021.

Mike is also shareholder IP Group's representative on the AGM Board. IP Group will not be replacing Mike with a new representative.

Bryan Dobson, Chairman of AGM, said:

"The Board would like to thank Mike for his resolute guidance and input as part of the Board team to help steer AGM to the position of being the leading technology provider that it is today. It has been an absolute pleasure working with Mike and we wish him well in the future."

For further information please contact:

Applied Graphene Materials +44 (0) 1642 438 214

Adrian Potts, Chief Executive Officer

David Blain, Chief Financial Officer

N+1 Singer +44 (0) 207 496 3000

Peter Steel / Amanda Gray

Allenby Capital Limited (Joint Broker) +44 (0) 203 328 5656

Nick Athanas / Liz Kirchner (Corporate Finance)

Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)

Hudson Sandler +44 (0) 207 796 4133

Charlie Jack / Emily Dillon

Notes to Editors:

About Applied Graphene Materials

For the last decade, AGM has been at the forefront of harnessing the possibilities of graphene. Founded originally by Professor Karl Coleman, the Group has grown from an academic idea from Durham University to a world leader in the development and application of graphene nanoplatelet dispersions for customers in the coatings, composites and functional materials sectors.

The Group utilises its proprietary bottom-up manufacturing process to produce high purity graphene nanoplatelets. Its expertise in dispersion chemistry enables AGM to create optimised, stable and easy to handle dispersions that customers use in real-world industrial products. AGM's unique approach enables industries to fully realise the potential of graphene in a simple, safe and easy to formulate way.

AGM, based at the Wilton Centre on Teesside, was admitted to AIM in November 2013, raising GBP11 million. The Group successfully raised GBP8.5m in January 2016 and a further GBP9.8m in November 2017. Since August 2020, the Group's shares are also listed on OTCQB in the United States and, in January 2021, the Group successfully raised a further GBP6m gross. As a result of the funding support and its industry leading technology platform, AGM has been able to develop a significant sales distribution network covering Europe, North America and Asia. The Group continues to work closely with industrial partners, and has seen the successful launch of numerous commercial products enhanced by its Graphene Dispersions.

https://www.appliedgraphenematerials.com/

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