12 April 2023

LEI: 213800IE1PPREDIIZB62

Atrato Onsite Energy plc

(the "Company")

Appointment of additional Non-Executive Director

The Board of Atrato Onsite Energy plc (LSE: ROOF) is pleased to announce the appointment of Duncan Neale as an independent Non-executive Director of the Company with effect from 12 April 2023. He will also join the Audit Committee and Management Engagement Committee and will hold the position of Audit Chair with effect from the same date.

Duncan is a chief financial officer and finance director with over 20 years of public and private markets experience. He is a Fellow of the Institute of Chartered Accountants having qualified with Price WaterhouseCoopers in London. Duncan is currently a Non-executive Director and Audit Chair of Gresham House Energy Storage Fund plc. He is also a Trustee of Cambodian Children's Fund UK.

The Board also announces that the Company's current Audit Chair, Marlene Wood, is intending to step down from the Board. She will remain as a Non-executive Director until after the release of the Company's 2023 interim results in order to support the transition.  

There are no details or disclosures required under LR9.6.13R of the Financial Conduct Authority's Listing Rules.

Juliet Davenport, Chair of the Company said:

"I would like to thank Marlene for the significant contribution that she has made to the Company during her time on the Board. She will continue to provide valuable support to the Company over the coming months.

I am delighted to welcome Duncan to Atrato Onsite Energy. He brings significant renewables experience and will be a strong addition to the Board. I look forward to working alongside him."

ENQUIRIES

Atrato Partners Limited                                +44 (0)77 9597 5560

Gurpreet Gujral

Christopher Fearon

Berenberg                                        +44 (0)20 3207 7800

Gillian Martin

Ben Wright

Dan Gee-Summons                                       

Kaso Legg Communications        atrato@kl-communications.com

Charles Gorman                                               +44 (0)20 3995 6673

Millie Steyn                                        +44 (0)20 3995 6671

Notes to Editors

Atrato Onsite Energy plc (LSE: ROOF) is an investment company focused on clean energy generation, providing new renewable energy capacity with 100% carbon traceability to industrial and commercial counterparties. The Company focuses on UK commercial solar, helping its corporate clients achieve net zero and reduce their energy bills. It raised £150 million in a significantly oversubscribed IPO in November 2021. Atrato Onsite Energy plc provides investors with attractive capital growth and secure, index-linked income, targeting a 5% dividend yield and a total shareholder return of 8 - 10%⁽¹⁾. Its shares were admitted to trading on the premium segment of the Main Market of the London Stock Exchange on 23 November 2021. Atrato Partners Limited is the Company's investment adviser.

Further information is available on the Company's website, www.atratoroof.com.

(1) The target dividend set out above is a target and is not a profit forecast. There can be no assurance that this target can or will be met. This target has been developed based upon assumptions with respect to future business decisions and conditions that are subject to change, including the Company's execution of its investment objective and strategies, as well as growth in the sector and markets in which the Company operates. As a result, the Company's actual results may vary from the targets set out above and those variations may be material. The target dividend yield reflects the IPO price of 100 pence per Ordinary Share.