Result of AGM

For immediate release

13 November 2019

ABCAM PLC

("Abcam" or the "Company")

Result of Annual General Meeting

Abcam plc (AIM: ABC), a global leader in the supply of life science research tools, announces that all resolutions put to its Annual General Meeting (the "AGM") held today were passed.

The Board is pleased that the majority of resolutions received strong support from shareholders but notes that a minority of shareholders opposed Resolution 6 (To approve the re-election of Peter Allen).

From our ongoing engagement with shareholders and proxy voting agencies, we understand that the concerns are largely in relation to Mr Allen being potentially over-committed in terms of the demands on his time. The Board will consult with those shareholders who did not vote in favour to understand their views with respect to Mr Allen's other board commitments. The Board is entirely comfortable in Mr Allen's ability to commit the requisite time to perform the role, notwithstanding his other board commitments. Further, the Board believes that the depth and breadth of Mr Allen's experience is invaluable to Abcam and believe this far outweighs any potential concerns based on his other commitments.

The Board remains firmly committed to maintaining an open dialogue with shareholders to ensure it fully understands their views.

Full details of the poll results are available at www.abcamplc.com.

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