Global Distribution Agreement with RS Group plc

30 June 2025

CAP-XX Limited

("CAP-XX" or "the Company")

Global Distribution Agreement with RS Group plc

A Strategic Partner for Industrial Applications

Partnership expands CAP-XX's global reach alongside Digi-Key and Farnell (Avnet)

CAP-XX Limited (LSE: CPX), a world leading developer of high-performance supercapacitors and energy storage solutions, announces a global distribution agreement (the "Agreement") with RS Group plc ("RS Group"), a world-renowned distributor of industrial and electronic components and services.

The Agreement extends the global availability of CAP-XX's prismatic, cylindrical, and hybrid supercapacitors through RS Group's far-reaching logistics infrastructure, further accelerating the Company's accessibility worldwide.

Expanding Global Reach with RS and Tier-One Distributors

The Agreement builds on CAP-XX's expanding global presence through a trio of premier distribution partners: RS Group, Farnell (part of Avnet) and Digi-Key underlined with the master distributor WALDOM. Together, they provide the infrastructure and scale to deliver CAP-XX solutions from design to deployment across every major global market.

About RS Group

RS Group plc is a global distributor of industrial and electrical products headquartered in London, England. It is listed on the London Stock Exchange under the ticker RS1 and is a constituent of the FTSE 250 Index.

The company operates in over 30 countries, employs approximately 9,000 people, and serves more than 1 million customers worldwide. In its most recent financial year, RS Group reported revenue of approximately £2.9 billion.

RS Group's portfolio includes RS, RS Americas (formerly Allied Electronics), Distrelec, and OKdo, offering a combined catalogue of over 600,000 stocked products sourced from more than 2,500 suppliers. The group is supported by advanced logistics, digital procurement platforms, and localized engineering services, with a strong presence across Europe, North America, and Asia-Pacific. RS is particularly recognised for its capabilities in OEM manufacturing support and industrial automation.

A Strategic Partner for Industrial Innovation

RS Group's global reach and industrial focus make it an ideal partner for CAP-XX. With a customer base that spans industrial OEMs, automation engineers, and maintenance professionals, RS supports fast, reliable fulfillment through strategically located logistics hubs across key regions. Its active engineering community and strong market penetration across sectors, including smart metering, asset tracking, transportation, and renewable energy, grow CAP-XX's ability to meet rising global demand.

Strengthening a Global Distribution Network

Together with Farnell and Digi-Key, RS Group enables CAP-XX to provide comprehensive global distribution coverage, from early-stage design and prototyping to large-scale production and deployment. These partnerships position CAP-XX to support a wide range of applications in IoT, automotive, consumer electronics, industrial automation, and energy storage.

Progress with distribution agreements going forwards will now focus on expanding our market reach, enhancing collaboration with key partners, and optimizing supply chain efficiency to ensure timely delivery and customer satisfaction.

"Our agreement with RS Group marks a key milestone in our global expansion," said Lars Stegmann, CEO of CAP-XX. "RS Group's industrial focus and extensive logistics reach mean our high-performance supercaps will be easily accessible to a broader range of customers, from students, design engineers to SMEs. Together with Farnell and Digi-Key, this partnership cements CAP-XX's position in the global market and ahead of growing demand during the design-in phase in the IoT, energy storage, industrial automation, defence and aerospace markets."

For further information contact:

CAP-XX Limited

Dr Graham Cooley (Chairman) +61 (2) 9157 0000

Lars Stegmann (Chief Executive Officer)

Allenby Capital (Nominated Adviser and Broker)

David Hart/Piers Shimwell (Corporate Finance)  +44 (0) 20 3328 5656

Jos Pinnington/Tony Quirke (Sales and Corporate Broking)

Notes to Editors:

CAP-XX (LSE: CPX) is a leader in the design and manufacture of thin, flat supercapacitors and energy management systems used in portable and small-scale electronic devices, and to an increasing extent, in larger applications such as automotive and renewable energy. The unique feature of CAP-XX supercapacitors is their very high-power density and high energy storage capacity in a space-efficient prismatic package. These attributes are essential in power-hungry consumer and industrial electronics and deliver similar benefits in automotive and other transportation applications.

For more information about CAP-XX, visit www.cap-xx.com