REG - ITM Power PLC - Appointment of New Non-Executive Chair

ITM PowerAnnouncement

Yesterday 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250609:nRSI9032La&default-theme=true

RNS Number : 9032L  ITM Power PLC  09 June 2025

9 June 2025

 

ITM Power PLC

 

Appointment of New Non-Executive Chair

 

ITM Power is pleased to announce the appointment of Jürgen Nowicki as
Non-Executive Chair of the Board, effective from 15 January 2026. Sir Roger
Bone, the incumbent Non-Executive Chair, will retire on the same date.

Jürgen brings deep industrial expertise and a strong track record in the
global hydrogen sector and the wider industrial gases industry. Up until May
this year, Jürgen served as CEO of Linde Engineering and as a member of Linde
PLC's Executive Leadership Team. Before that, he held various senior executive
positions within Linde's Gases and Forklift division in Germany, the US and
the Czech Republic. His extensive experience in large-scale engineering and
the international markets aligns strongly with ITM's strategy to further scale
and commercialise its technology. Jürgen served as Linde's nominated Board
representative from November 2019 until January 2025 and his new term as
Non-Executive Chair will take into account his prior appointment tenure at
ITM.

Sir Roger Bone has served as Non-Executive Chair since 2019 and as
Non-Executive Director since 2014. During Sir Roger's chairmanship, ITM
transitioned from a development-stage company to an established commercial
business and market leader in electrolysers, and strengthened its governance
and leadership team.

Dennis Schulz, CEO, commented, "Jürgen's appointment as Chair signals our
ambition. He brings sharp strategic instinct and industry depth. His
experience and customer contacts will be invaluable as we execute the next
phase of our growth strategy.

"On behalf of the Board and the wider ITM team, I would like to extend our
sincere thanks to Sir Roger Bone for his stewardship, wise counsel, and
unwavering support over the past years. His commitment and leadership helped
guide the Company through a crucial phase of transformation."

Jürgen Nowicki said: "I am deeply honoured to take on the role of Chair at
ITM during this pivotal moment in the Company's growth. As we continue to lead
the charge in green hydrogen innovation, I firmly believe that this technology
will play a central role in the global energy transition. ITM stands at the
forefront of this transformation, uniquely positioned with its cutting-edge
technology and robust manufacturing capabilities.

"Having had the privilege of working with Dennis previously, I'm excited to
renew our partnership. Together, we will accelerate ITM's growth and enhance
long-term value.

"Lastly, I would like to extend my heartfelt thanks to Sir Roger Bone for his
outstanding leadership, commitment, and contributions to ITM. It has truly
been an honour working alongside him, and I look forward to building on the
strong legacy he leaves."

 

 Director information

Jürgen Nowicki, aged 61, holds or has held the following
directorships/partnerships in the past five years:

 Current Directorships/Partnerships  Former Directorships/Partnerships (past five years)
                                     Linde Kryotechnik AG
                                     LPM, S.a. de C.V.
                                     Linde Holding GmbH
                                     Linde GmbH
                                     ITM Power PLC
                                     Commercium Immobilien - und Beteiligungs - GmbH
                                     Carl von Linde-Stiftung an der Technischen Universitat Munchen

 

Save as set out above, there is no further information to be disclosed in
relation to Jürgen Nowicki's appointment pursuant to AIM Rule 17 or paragraph
(g) of Schedule Two of the AIM Rules for Companies.

 

For further information, please visit www.itm-power.com
(http://www.itm-power.com) or contact:

 ITM Power PLC
 Justin Scarborough, Head of Investor Relations  +44 (0)114 551 1080

 Berenberg
 Ciaran Walsh, Harry Nicholas                    +44 (0)20 3207 7800

 J.P. Morgan Cazenove
 Richard Perelman, Charles Oakes                 +44 (0)20 7742 4000

 

 

About ITM Power PLC:

ITM Power was founded in 2000 and ITM Power PLC was admitted to the AIM market
of the London Stock Exchange in 2004. Headquartered in Sheffield, England, ITM
Power designs and manufactures electrolysers based on proton exchange membrane
(PEM) technology to produce green hydrogen, the only net zero energy gas,
using renewable electricity and water.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAUWOVRVKUNRAR