03 May 2022

i(x) Net Zero PLC

("i(x)" or the "Company")

Senior Management Appointment

i(x) Net Zero PLC (AIM: IX.), the investing company which focuses on Energy Transition and Sustainability in the Built Environment, is pleased to announce the appointment of Dmitri Tsvetkov as Group Finance Director with effect from 1 June 2022.

Dmitri has more than 27 years of financial, accounting and operational experience, including significant experience of working with energy sector listed companies in London, Africa, Asia and Canada.

Dmitri joins the Company from OPG Power Ventures plc, an AIM quoted developer and operator of power generation facilities in India, where he is Chief Financial Officer and a Board Director. Dmitri is a member of OPG's ESG committee and part of the leadership team developing its energy transition strategy and its first standalone ESG report. Prior to OPG, he was CFO at Advance International Exploration Inc., a Canadian private oil & gas company, and Interim Chief Executive Officer and CFO at Mart Resources Inc., a TSX-listed international exploration and production oil and gas company. Dmitri, who is a non-executive director of AIM quoted Mercantile Ports & Logistics Limited, is a member of the Association of Chartered Certified Accountants and the Canadian Institute of Chartered Accountants.

Steve Oyer, Chief Executive Officer of the Company, said: "I am delighted to welcome Dmitri to i(x). He brings with him more than two decades of financial and managerial experience in publicly listed companies and will be a significant addition to our finance team."

Dmitri Tsvetkov, Group Finance Director of i(x), commented: "I am excited to join i(x), which is committed to facilitating global energy transition across multiple industry sectors. I am looking forward to enabling and assisting in the future growth of the Company."

- Ends -

For further information visit https://ixnetzero.com/ or contact:

Notes to Editors

About i(x) Net Zero PLC

i(x) Net Zero PLC is an AIM quoted investing company that provide its shareholders the opportunity to create long-term capital growth with positive, scalable, measurable and sustainable impact on the environment and on the communities it serves.

In accordance with its belief that the world's biggest problems are also the biggest market opportunities, i(x) Net Zero focuses on two critical areas in which it aims to make a positive impact: (i) Energy Transition and (ii) Sustainability in the Built Environment. The Company uses a multi-strategy investment approach, providing the companies in which it invests with the expertise and catalytic capital to help them grow. To date, i(x) Net Zero has invested in biofuels, direct air capture (carbon removal), renewable energy, sustainable workforce housing and net zero construction technology.

i(x) Net Zero is a provisional signatory to the UN Principles for Responsible Investing. The Company has received the London Stock Exchange's Green Economy Mark.