11 December 2023

Volution Group plc - Auditor Resignation

In accordance with section 520(2) of the Companies Act 2006 (the "Act"), Volution Group plc (the "Company"), announces, for information only, that, following the competitive audit tender process undertaken by the Company earlier this year, it has received a statutory statement from Ernst & Young LLP ("EY") in connection with their resignation as auditors of the Company.

The resignation of EY will take effect at the conclusion of the Company's Annual General Meeting, scheduled for 13 December 2023.

As previously announced on 1 February 2023, following the outcome of the competitive audit tender process, the Company has proposed the appointment of PricewaterhouseCoopers LLP as auditor for the financial year ending 31 July 2024.

As required by Section 520(2) of the Companies Act 2006, a copy of EY's reason for its resignation, being the outcome of the competitive audit tender process, is being sent to shareholders for information only and will also be uploaded to the National Storage Mechanism. It will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

There are no other matters connected with EY's ceasing to hold office that are required to be brought to the attention of the members or creditors of the Company for the purposes of section 519 of the Act.

-Ends-

For further information:

Volution Group plc Legal Entity Identifier: 213800EPT84EQCDHO768.

Note to Editors:

Volution Group plc (LSE: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions. Volution Group comprises 22 key brands across three regions:

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer, Ventilair, ClimaRad, ERI Corporation, VMI, I-Vent.

Australasia: Simx, Ventair, Manrose, DVS.

For more information, please go to: www.volutiongroupplc.com