Leclanché SA Concludes its 2025 Annual General Meeting

Ad hoc announcement pursuant to Art. 53 LR

Leclanché SA Concludes its 2025 Annual General Meeting

• The Shareholders have approved the conversion of CHF 17.7 million into shares of the Company. This initiative significantly augments the company's capital reserves, reinforcing its balance sheet and underlining its commitment to sustained growth and market leadership.
• The Shareholders have further approved an increase of the conditional capital as well as the adoption of a capital band.

YVERDON-LES-BAINS, Switzerland, 5^th August, 2025 – Leclanché SA, one of the world’s leading energy storage companies, announces the decisions by the Company's shareholders on the proposals of the Board of Directors at its 2025 Annual General Meeting (AGM) held today at La Prairie Hotel, 9 Avenue des Bains, 1400 Yverdon-les-Bains, Switzerland.

The shareholders have approved a proposal by the board of directors to convert existing debt of CHF 17,700,00.00 owed to Strategic Equity Fund – Renewable Energy into equity through an ordinary capital increase. This restructuring aims to strengthen Leclanché's balance sheet and increase its capital base, strategically positioning the company to leverage opportunities in the high-growth e-Mobility business segment.

The Board of Directors' proposition to increase the Company's share capital in the amount of CHF 11,287,676.20, to bring it from CHF 102,542,298.40 to CHF 113,829,974.60 by way of an ordinary capital increase has been approved.

The three current members of the Board, Mr. Lex Bentner, Mr. Marc Lepièce and Mr. Christophe Manset have been re-elected. Further, Mr. Jean-Michel Pacaud and Mr. Raphaël Houillon have been elected as additional members of the Board of Directors. Furthermore, Mr. Lex Bentner has been re-elected as Chairman of the Board of Directors. The members of the Appointment and Remuneration Committee, Mr. Lex Bentner, Mr. Christophe Manset and Mr. Marc Lepièce have also been re-elected.

Further, the shareholders have approved an increase of the conditional capital pursuant to Art. 3quinquies and Art. 3ter of the articles of association as well as the adoption of a capital band. The increased conditional capital and the capital band give the Board of Directors further flexibility.

The shareholders have approved all other proposals of the Board of Directors including the maximum aggregate amount of the Executive Committee's compensation CHF 2,350,000.00, for the financial year 2026 and the amendment of the company name from LECLANCHE SA to Leclanché SA (Leclanché AG) (Leclanché Ltd).

“We are pleased with the outcomes of our 2025 Annual General Meeting and the support from our shareholders approving all agenda items including the capital increase. The approval to convert CHF 17.7 million of debt into equity marks a pivotal step in strengthening our balance sheet and positions us well for future growth”, said Lex Bentner, Chairman of the Board of Directors, Leclanché SA.

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About Leclanché

Leclanché is a world leading provider of low-carbon footprint energy storage solutions based on lithium-ion cell technology. Established in 1909 in Yverdon-les-Bains, Switzerland, Leclanché’s history and heritage is rooted in battery and energy storage innovation. The company’s Swiss culture for precision and quality, together with its production facilities in Germany, make Leclanché the partner of choice for companies seeking the very best in battery performance and who are pioneering positive changes in how energy is produced, distributed and consumed around the world. Leclanché is organised into three business units: energy storage solutions, e-Mobility solutions and specialty battery systems. The company currently employs over 350 people with representative offices in eight countries around the world. Leclanché is listed on the Swiss Stock Exchange (SIX: LECN).

SIX Swiss Exchange : ticker symbol LECN | ISIN CH 011 030 311 9

Disclaimer

This press release contains certain forward-looking statements relating to Leclanché's business, which can be identified by terminology such as "strategic", "proposes", "to introduce", "will", "planned", "expected", "commitment", "expects", "set", "preparing", "plans", "estimates", "aims", "would", "potential", "awaiting", "estimated", "proposal", or similar expressions, or by expressed or implied discussions regarding the ramp up of Leclanché's production capacity, potential applications for existing products, or regarding potential future revenues from any such products, or potential future sales or earnings of Leclanché or any of its business units. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of Leclanché regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Leclanché's products will achieve any particular revenue levels. Nor can there be any guarantee that Leclanché, or any of the business units, will achieve any particular financial results.

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