OTAQ : Result of Annual General Meeting

24 September 2021

OTAQ PLC

("OTAQ", or the "Company")

Result of Annual General Meeting

OTAQ (LSE: OTAQ), the marine technology products and solutions group for the global aquaculture and offshore oil and gas industries, announces that at the Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed on a show of hands. Resolutions 1-11 were passed as ordinary resolutions and resolutions 12-13 were passed as special resolutions. The proxy votes received from shareholders on each resolution are set out below.

	Resolution	For	For	Against	Against	Total	Votes	Votes
		(incl.	(% of		(% of	number	cast (%	Withheld
		discretionary)	votes		votes	of votes	of
			cast)		cast)	cast	issued
							share
							capital)
1	Directors'
	Report and	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	Company's
	Annual Accounts
2	Directors'
	Remuneration	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	Report
3	Re-elect Mr	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	Enright
4	Re-elect Mr	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	Newby
5	Re-elect Mr	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	Watt
6	Re-elect Ms Gills	986,015	100%	Nil	Nil	986,015	3.14%	Nil
7	Re-elect Mr	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	Hambro
8	Elect Mr Pye	986,015	100%	Nil	Nil	986,015	3.14%	Nil
9	Re-appoint the
	Company's	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	auditor
10	Directors'
	Remuneration of	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	the auditors
11	Allotment of	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	securities
12	General
	disapplication of	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	pre-emption
	rights
13	Specific
	disapplication of	986,015	100%	Nil	Nil	986,015	3.14%	Nil
	pre-emption
	rights

Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' and 'against' a resolution or the total number of votes cast.

Copies of the resolutions required to be made available for inspection in accordance with LR 9.6.2 have been submitted today to the Financial Conduct Authority and will shortly be available for

inspection on the National Storage Mechanism website at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

Contacts:
OTAQ PLC	Via Walbrook
Alex Hambro, Non-Executive Chairman
Phil Newby, Chief Executive Officer
Matt Enright, Chief Financial Officer
Dowgate Capital Ltd (Broker & Adviser)	020 3903 7715
David Poutney / James Serjeant
Nicholas Chambers
Walbrook PR Ltd	Tel: [phone] or [e-mail]
Tom Cooper/Nick Rome/Nicholas Johnson	0797 122 1972 or 07748 325 236 or 07884 664 686
About OTAQ

OTAQ is a highly innovative marine technology company focused on the marine aquaculture, offshore energy, renewables and oceanographic research sectors. It operates in four worldwide locations: Lancaster, Aberdeen and Ulverston in the UK and Puerto Montt in Chile.

OTAQ's marine technology portfolio includes a market-leading intelligent acoustic deterrent system, Sealfence, designed to protect marine-based aquaculture sites from predation, with multiple systems deployed in Scotland, Chile, Finland and Russia.

The Company's Oceansenseleak detection systems have a global reputation as the industry standard solution and have been deployed successfully on hundreds of jobs. OTAQ's Dragonfish laser measurement system is fast becoming recognised as one of the most accurate underwater precision laser measurement systems available. OTAQ also has significant experience in the design and manufacture of underwater connectors, penetrators and communication systems.

It seeks to develop and continuously improve its products using its specialist mechanical, electronic and software engineers with decades of experience in bringing underwater technology products to market. Concurrently, OTAQ seeks to expand its technology portfolio through acquisitive growth, with the aim of further expanding its aquaculture and offshore product offering.

OTAQ is proud to be fully ISO 9001:2015 accredited through DNV-GL. ISO 9001 is an internationally recognised quality management system and demonstrates OTAQ's commitment to consistency, continual improvement and customer satisfaction. The certification also demonstrates its ability to consistently deliver products and services to market whilst meeting statutory and regulatory requirements by applying an effective quality management system.