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RCS - CyanConnode Holdings - Hardman October 2022 Investor Forum - CyanConnode

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RNS Number : 8367C  CyanConnode Holdings PLC  13 October 2022

Hardman & Co Research on CyanConnode Holdings plc (CYAN): October 2022
Investor Forum - Smart meter breadth and depth

CyanConnode has steadily been making progress in India, where the national
smart meter programme has been gathering pace. In July 2022, the company
crossed the one million mark for meters connected to its RF network across
nine Indian states. This is the aggregate RF device number in India connected
since 2014 and represents market share of 22%. The latest update from the
company states an order book of 2.6m RF nodes for India. Performance of smart
meters is a critical aspect of the Indian programme and CyanConnode's uptime
rates of over 99% are industry-leading metrics. There remain around 41m meter
deployments to be awarded in India this financial year.

Please click on the link below for the full report:

https://hardmanandco.com/research/corporate-research/october-2022-investor-forum/
(https://hardmanandco.com/research/corporate-research/october-2022-investor-forum/)

If you are interested in meeting the company, you can register your interest
by clicking on the above link.

During the Investor Forum, CyanConnode, CEO John Cronin and CFO Heather
Peacock took investors through the company's vast growth opportunities in
India, robust order book and strong partner relations, as well as further
prospects in the UAE.

Please click here (https://youtu.be/N9lFiqfSzVw) to watch CyanConnode's
presentation.

To view the full Investor Forum please click here
(https://youtu.be/q89lOuCs6wQ) .

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