Pressure Technologies : Notice of General Meeting

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the action you should take, you are recommended to seek your own independent financial advice from your stockbroker, bank manager, solicitor, accountant or other independent financial adviser authorised under the Financial Services and Markets Act 2000 if you are resident in the United Kingdom, or if you reside elsewhere, from another appropriately authorised independent financial adviser.

If you have sold or transferred all your ordinary shares in Pressure Technologies PLC, please forward this document, together with any documents that accompany it, as soon as practicable to the purchaser or transferee, or to the stockbroker, bank or other person through whom the sale or transfer was effected, so they can pass these documents to the person who now holds the shares.

Pressure Technologies PLC

(Incorporated in England & Wales with registered number 06135104)

NOTICE OF

GENERAL MEETING

Notice of the 2023 General Meeting of Pressure Technologies PLC, to be held at the offices of Singer Capital Markets, 1 Bartholomew Lane, London EC2N 1AX on 13 June 2023 at 9.30am, is set out on page 4 of this document.

Your attention is drawn to the letter from the Chair on pages 2 to 3 of this document which sets out the arrangements for the meeting. You are encouraged to appoint the Chair of the meeting as your proxy and to give instructions on how the Chair should vote on each of the resolutions in advance of the meeting. To be valid, the proxy appointment must be received at the address for delivery specified in the Notes to the notice of GM by no later than 9.30am on 9 June 2023.

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LETTER FROM THE CHAIR OF PRESSURE TECHNOLOGIES PLC

Directors:		Registered Office:
Nick Salmon	(Non-Executive Chair)	Pressure Technologies
Chris Walters	(Chief Executive)	Building
Mike Butterworth	(Non-Executive Director)	Meadowhall Road
Tim Cooper	(Non-Executive Director)	Sheffield
		S9 1BT

24 May 2023

Notice of General Meeting of Pressure Technologies PLC

Dear Shareholder

I am pleased to be writing to you with details of the 2023 general meeting (GM) of Pressure Technologies PLC (Company), which will be held at the offices of Singer Capital Markets, 1 Bartholomew Lane, London EC2N 1AX on 13 June 2023 at 9.30am.

The formal notice of the GM is set out on page 4 of this document and contains the proposed resolutions. Explanatory Notes to the business to be considered at the GM are set out in the Appendix to this document on page 8.

A copy of the annual report and accounts of the Company for the period ended 1 October 2022 and a form of proxy for use at the GM, accompany this document.

Attendance at the GM

All shareholders are entitled to attend and vote on all resolutions at the GM. Any shareholder who wishes to attend the GM in person is asked to register their intention to do so. I would be grateful if this could be done by emailing [e-mail] 9.30am on 9 June 2023.

If there are changed circumstances which mean that the arrangements must be amended, including at short notice, the Board will announce such modifications and it is recommended that you monitor the Company's RNS announcements for updates.

Appointing a proxy and voting

You may appoint another person as proxy to exercise your rights to vote at the meeting by completing and returning the accompanying proxy form.

You are encouraged to appoint the Chair of the meeting as your proxy and to give your instructions on how you wish the Chair to vote on the proposed resolutions. This will ensure that your votes will be counted if you (or any other proxy who you might otherwise appoint) are not able, or do not wish, to attend the GM in person. If you appoint the Chair of the meeting as your proxy, the Chair will vote in accordance with your instructions. If the Chair is given discretion as to how to vote, he will vote in favour of each of the resolutions set out in the notice of GM.

Whether or not you intend to be present at the meeting, you are requested to complete and return the form of proxy in accordance with the instructions printed thereon as soon as possible and in any event so that it is received by the Company's Registrars, Neville Registrars Limited, Neville House, Steelpark Road, Halesowen, B62 8HD not later than 9.30am on 9 June 2023. Alternatively, you may register the appointment of your proxy electronically. CREST members may appoint proxies by using the CREST electronic proxy appointment service.

Further details on how to submit your proxy votes are set out on pages 5 to 7 of this document in the Notes to the notice of GM and in the accompanying proxy form.

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All proposed resolutions at the GM will be put to a vote on a poll. This will result in a more accurate reflection of the views of shareholders by ensuring that every vote is recognised. On a poll, each shareholder has one vote for every share held.

Questions

Shareholders are invited to submit any questions that they have on the business of the GM by email to [e-mail]

GM results

The results of the GM will be published on the Company's website at www.pressuretechnologies.comfollowing the meeting.

Please note that you should not use any electronic address provided in this document, or in any related document (including the accompanying form of proxy), to communicate with the Company for any purposes other than those expressly stated.

Recommendation

The Board considers that each of the proposed resolutions set out in the notice of GM are in the best interests of the Company and are most likely to promote the success of the Company for the benefit of its members as a whole. The Directors unanimously recommend that shareholders vote in favour of the resolutions, as they intend to do in respect of their own beneficial shareholdings.

Yours faithfully

Nick Salmon

Chair

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PRESSURE TECHNOLOGIES PLC

(Incorporated in England & Wales with registered number 06135104)

NOTICE OF GENERAL MEETING

Notice is hereby given that the General Meeting (GM) of Pressure Technologies PLC (Company) will be held at the offices of Singer Capital Markets, 1 Bartholomew Lane, London EC2N 1AX on 13 June 2023 at 9.30am.

You will be asked to consider and vote on the resolutions below. Resolutions 1 to 2 (inclusive) will be proposed as ordinary resolutions.

Explanatory Notes explaining each proposed resolution are set out in the Appendix on page 8.

Ordinary resolutions

Resolution 1: To receive and adopt the Company's audited accounts together with the reports of the directors of the Company (Directors) and auditors for the period ended 1 October 2022.

Resolution 2: To approve the Directors' remuneration report, as set out in the Company's annual report and accounts for the period ended 1 October 2022.

By order of the Board

Pressure Technologies PLC

Pressure Technologies Building

Meadowhall Road

Sheffield

S9 1BT

24 May 2023

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NOTES:

The following notes explain your general rights as a shareholder and your right to attend and vote at the GM or appoint someone else to vote on your behalf.

Entitlement to attend and vote

1. Only those shareholders registered in the Company's register of members at 9.30am on 9 June 2023 (or if this meeting is adjourned, 48 hours before the adjourned meeting) shall be entitled to attend, speak and vote at the meeting. Changes to the register of members after the relevant deadline shall be disregarded in determining the rights of any person to attend and vote at the meeting.

Voting

2. Voting on all resolutions will be conducted by way of a poll. This is a more transparent method of voting as all shareholders' votes are counted according to the number of shares registered in their names.

Appointment of proxies

1. If you are a shareholder who is entitled to attend and vote at the meeting, you are entitled to appoint one or more proxies to exercise all or any of your rights at the meeting and you should have received a proxy form with this notice of meeting. A proxy does not need to be a shareholder of the Company but must attend the meeting to represent you. You can only appoint a proxy using the procedures set out in these notes and the notes to the proxy form.
2. You may appoint more than one proxy, provided each proxy is appointed to exercise the rights attached to a different share or shares held by that shareholder.
3. You may use the enclosed proxy form to appoint a proxy and give proxy instructions. If a proxy form is not enclosed please contact the Company's registrars, Neville Registrars Limited, Neville House, Steelpark Road, Halesowen B62 8HD. Alternatively, if you wish you may register the appointment of your proxy electronically, by following the instructions in Note 8. CREST members may appoint a proxy or proxies through the CREST electronic proxy appointment service in accordance with paragraphs 9 to 12 of these notes.
4. If you wish to appoint more than one proxy using the enclosed proxy form, you must complete and return a separate proxy form for each proxy. Photocopies of the enclosed proxy form may be used for that purpose or you may obtain copies from the Company's registrars, Neville Registrars Limited, Neville House, Steelpark Road, Halesowen B62 8HD. On each separate proxy form you must: (i) insert the proxy's full name and the number of shares in relation to which he/she is authorised to act as your proxy, ensuring that the aggregate number of shares entered on all such proxy forms does not exceed your full voting entitlement; and (ii) tick the box in each proxy form indicating that you are appointing more than one proxy. All proxy forms must be returned together and in accordance with the instructions in the proxy form. Please note that failure to comply with these requirements may invalidate your intended appointments.
5. To be effective, any proxy form or any other instrument appointing a proxy must be completed, signed and sent (together with any power of attorney or other authority under which an appointment is made or a duly certified copy) by post to the Company's registrars, Neville Registrars Limited, Neville House, Steelpark Road, Halesowen B62 8HD, to be received not later than 9.30am on 9 June 2023 or, if the meeting is adjourned, not less than 48 hours before the time appointed for holding any adjourned meeting.
6. Proxies may be submitted electronically at www.sharegateway.co.uk by using the Personal Proxy Registration Code as shown on the Form of Proxy. The appointment of a proxy electronically will not be valid if it is (i) received later than 9.30am on 9 June 2023 or, if the meeting is adjourned, not less than 48 hours before the time appointed for holding any adjourned meeting or (ii) sent to any other electronic address.

Appointment of proxies through CREST

9. CREST members who wish to appoint a proxy or proxies by utilising the CREST electronic proxy appointment service may do so for the general meeting and any adjournment(s) of it by using the procedures described in the CREST Manual (available via www.euroclear.com). CREST Personal Members or other CREST sponsored members, and those CREST members who have appointed a voting service provider(s), should refer to their CREST sponsor or voting service provider(s), who will be able to take the appropriate action on their behalf.

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