Annual Report and AGM Notice

discoverIE Group plc

ANNUAL REPORT AND ACCOUNTS 2021

NOTICE OF ANNUAL GENERAL MEETING 2021

discoverIE Group plc (LSE : DSCV, "discoverIE" or the "Company"), a leading international designer, manufacturer and supplier of customised electronics to industry, announces that the following documents have today been submitted to the National Storage Mechanism, where they will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism:

· Annual Report and Accounts for the year ended 31 March 2021

· Notice of Annual General Meeting 2021

· Form of Proxy

The Annual Report and Accounts and the Notice of Annual General Meeting can also be downloaded from the Company's website at www.discoverIEplc.com.

Hard copies of these documents have been posted to those shareholders who have elected to receive paper communications.

For further information, please contact:

discoverIE Group plc 01483 544 500

Greg Davidson - Company Secretary

Buchanan

Chris Lane, Toto Berger 020 7466 5000

[email protected]

Notes to Editors:

About discoverIE Group plc

discoverIE Group plc is an international group of businesses that designs, manufactures and supplies innovative components for electronic applications.

The Group provides application-specific components to original equipment manufacturers ("OEMs") internationally. By designing components that meet customers' unique requirements, which are then manufactured and supplied throughout the life of their production, a high level of repeating revenue is generated with long term customer relationships.

With a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, transportation and industrial & connectivity, the Group aims to achieve organic growth that is well ahead of GDP and to supplement that with targeted complementary acquisitions. The Group has an ongoing commitment to reducing the impact of its operations on the environment, while its key markets are aligned with a sustainable future.

The Group employs c.4,400 people and its principal operating units are located in Continental Europe, the UK, China, Sri Lanka, India and North America.

The Group is listed on the Main Market of the London Stock Exchange and is in the top quartile of the FTSE Small Cap Index, classified within the Electrical Components and Equipment subsector, and has revenues of over £450m.