REG-XP Power Ltd: Holding(s) in Company

XP PowerAnnouncement

14/03/2023 16:30

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

SG9999003735

Issuer Name

XP Power Ltd

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Aggregate of abrdn plc affiliated investment management entities with
delegated voting rights on behalf of multiple managed portfolios

City of registered office (if applicable)

Edinburgh

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

13-Mar-2023

6. Date on which Issuer notified

14-Mar-2023

7. Total positions of person(s) subject to the notification obligation

                                     .                                      % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer  
 Resulting situation on the date on which threshold was crossed or reached                        9.960518                                                         0.000000                                             9.960518                               1,965,688                   
 Position of previous notification (if applicable)                                                10.215104                                                        0.000000                                             10.215104                                                          

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)  
 SG9999003735                                                                                           1,965,688                                                                      9.960518                 
 Sub Total 8.A                                                                      1,965,688                                                                        9.960518                                   

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is exercised/converted  % of voting rights  
                                                                                                                                                                                       
 Sub Total 8.B1                                                                                                                                                                        

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights  
                                                                                                                                                      
 Sub Total 8.B2                                                                                                                                       

9. Information in relation to the person subject to the notification
obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 Ultimate controlling person  Name of controlled undertaking        % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher than the notifiable threshold  Total of both if it equals or is higher than the notifiable threshold  
 abrdn plc                                                                                                                                                                                                                                                                                                                       
 abrdn plc                    abrdn Investments (Holdings) Limited                                                                                                                                                                                                                                                               
 abrdn plc                    abrdn Investment Management Limited                                    7.876727                                                                                   0.000000                                                                                 7.876727                                
                                                                                                                                                                                                                                                                                                                                 
 abrdn plc                                                                                                                                                                                                                                                                                                                       
 abrdn plc                    abrdn Holdings Limited                                                                                                                                                                                                                                                                             
 abrdn plc                    abrdn Investments Limited?                                                                                                                                                                                                                                                                         

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

In reference to Section 9, the shares detailed are managed by the named
discretionary investment management entity within multiple portfolios on
behalf of underlying clients, based on investment management agreements
whereby the client has delegated the exercise of the voting power to the
referenced investment manager.

12. Date of Completion

14-Mar-2023

13. Place Of Completion

Edinburgh, United Kingdom



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