Accsys Technologies : 06/02/2018 - Board Appointment

06 February 2018

AIM: AXS

Euronext Amsterdam: AXS

ACCSYS TECHNOLOGIES PLC

("Accsys" or "the Company")

BOARD APPOINTMENT of Dr Trudy Schoolenberg

Accsys, the chemical technology group, is delighted to announce the appointment of Dr Trudy Schoolenberg as a Non-Executive Director of the Company. Trudy will join Accsys' Nomination and Remuneration Committee, Audit Committee and shall become the Board's Senior Independent Director with all appointments effective from 1 April 2018.

Trudy Schoolenberg has nearly 30 years' experience working for blue-chip companies in the chemicals, engineering and high performance product sectors, including over ten years with Royal Dutch Shell where she led business strategy and growth plans for Shell Chemicals, a business unit with a multi-billion dollar turnover.

As well as strategy and growth experience, Dr Schoolenberg has strong operational knowledge, gained both during her time at Shell and thereafter at Akzo Nobel, where following supply chain and research and development roles on Akzo's $4 billion decorative paints Board, she subsequently had responsibility for delivering a new manufacturing plant in Newcastle.

Trudy is currently a Non-Executive Director of The Netherlands Petroleum Stockpiling Agency (COVA), Spirax-Sarco Engineering Plc and was appointed as a Non-Executive Director of high performance material producer, Low & Bonar Plc in 2013.

Accsys' Chairman, Patrick Shanley commented:

"I am delighted to welcome Trudy to the Board. Her appointment adds strength and diversity to our current Board of Directors, particularly given Trudy's operational and growth strategy experience, two areas that are crucially important to the success of our business as we expand our manufacturing capabilities. Trudy's broad experience both in Executive and Non-Executive roles within the chemicals, engineering and performance product sectors, will I am sure add real value to Accsys as it continues to grow its Accoya® and Tricoya® businesses. I look forward to welcoming Trudy to the Board."

The following disclosures are required regarding Dr Schoolenberg's appointment pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies:

There are no further disclosures required to be made in respect of the appointments under Schedule 2(g) of the AIM Rules for Companies.

ACCSYS TECHNOLOGIES PLC

("Accsys" or "the Company")

BENOEMING TOT LID VAN DE RAAD VAN BESTUUR van Dr. Trudy Schoolenberg

Accsys, de chemische technologiegroep,is verheugd om de benoeming van Dr. Trudy Schoolenberg als 'Non-Executive Director' van het bedrijf aan te kondigen. Trudy zal naast de toetreding tot het Benoemings- en Remuneratiecomité van Accsys, ook deel uitmaken van de Auditcommissie en zal aangesteld worden als de 'Senior Independant Director' van de Raad van Bestuur met ingang per 1 april 2018.

Trudy Schoolenberg heeft bijna 30 jaar werkervaring voor hoogstaande bedrijven in de chemische, werkbouwkundige en high performance productsectoren, waaronder meer dan tien jaar bij Royal Dutch Shell, waar zij instond voor de bedrijfsstrategie en groeiplannen voor Shell Chemicals, een bedrijfsafdeling met een omzet van meerdere miljarden dollars.

Naast de nodige strategie- en groei-ervaring beschikt Dr. Schoolenberg ook over sterke operationele kennis, zowel opgedaan tijdens haar werkzaamheden bij Shell als daarna bij Akzo Nobel, waar ze instond voor de toeleveringsketen, onderzoek en voor de ontwikkelingsdoelstellingen van Akzo's decoratieve verven met een omzet van $ 4 miljard dollar, en later ook de verantwoordelijkheid had voor de oplevering van een nieuwe productieafdeling in Newcastle.

Trudy is momenteel 'Non-Executive Director' van de Nederlandse Petroleum Stockpiling Agency (COVA), Spirax-Sarco Engineering Plc en werd in 2013 benoemd tot 'Non-Executive Director' van de high performance materiaalproducent Low & Bonar Plc.

De voorzitter van Accsys, Patrick Shanley merkte hierbij op:

"Ik ben verheugd om Trudy te verwelkomen in de Raad. Haar benoeming voegt kracht en diversiteit toe aan onze huidige Bestuursraad. Vooral gezien haar operationele en groeistrategie-ervaring, twee gebieden die van cruciaal belang zijn voor het succes van onze onderneming en voor de uitbreiding van onze productiemogelijkheden. Haar uitgebreide ervaring in zowel uitvoerende als niet-uitvoerende functies binnen de sectoren chemie, werkbouwkunde en high performance producten, betekent een toegevoegde waarde voor Accsys bij de uitbreiding van de afdelingen Accoya® en Tricoya®. Ik kijk er dan ook naar uit om Trudy te verwelkomen in de Raad."

De volgende toelichtingen zijn vereist met betrekking tot de benoeming van Dr. Schoolenberg op grond van Bijlage 2, paragraaf (g) van de AIM-bedrijfsvoorschriften:

Er zijn verder geen toelichtingen vereist met betrekking tot de benoemingen onder Bijlage 2 (g) van de AIM-bedrijfsvoorschriften.

Ends

For further information, please contact:Accsys Technologies PLC

Paul Clegg, CEO Will Rudge, FD

via MHP Communications

Hans Pauli, Executive Director, Corporate Development

Numis Securities

Nominated Adviser: Oliver Cardigan

+44 (0) 20 7260 1000

Jamie Lillywhite

Corporate Broking: Christopher Wilkinson Ben Stoop

MHP Communications

Tim Rowntree

+44 (0) 20 3128 8100

Kelsey Traynor

Off the Grid

(The Netherlands)

Frank Neervoort Yvonne Derske

+31 681 734 236 +31 222 379 666

Notes to editors:

Further information - Dr Trudy Schoolenberg

A Dutch national, Trudy is based near Rotterdam but is a regular visitor to both London and Arnhem, where Low & Bonar also have offices.

In addition to expertise in operations and growth strategy, Trudy has experience in remuneration, corporate governance and investor relations, sitting on the Remuneration Committees of Low & Bonar and Spirax-Sarco, as well as acting as Senior Independent Director at Low & Bonar, where she is now currently acting as Interim Chief Executive Officer pending the appointment of a permanent CEO on 1 March 2018.

Accsys Technologies PLC(www.accsysplc.com)is a chemical technology group whose primary focus is on the production of Accoya® wood and technology licensing via its subsidiary, Titan Wood Limited, which has manufacturing operations in Arnhem, the Netherlands (through its subsidiary Titan Wood B.V.), a European office in London, United Kingdom, an American office in Dallas, Texas (via its subsidiary Titan Wood, Inc) and technology licencing associated with the acetylation of wood elements via its subsidiary Tricoya Technologies Limited. Any references in this announcement to agreements with Accsys shall mean agreements with either Accsys or its subsidiary entities unless otherwise specified. Accsys Technologies PLC is listed on the London Stock Exchange AIM market and on Euronext Amsterdam, under the symbols 'AXS'. Accsys' operations comprise three principal business units: (i) Accoya® wood production; (ii) technology development, focused on a programme of continuous development of and improvements to the process engineering and operating protocols for the acetylation of solid wood and the development of technology for the acetylation of wood elements; and (iii) the licensing of technology for the production of Accoya® wood and Tricoya® wood elements across the globe.

Accoya® Wood(www.accoya.com)is produced using Accsys' proprietary patented acetylation technology that effectively converts sustainably grown softwoods and non-durable hardwoods into what is best described as a "high technology wood". Distinguished by its durability, dimensional stability and, perhaps most importantly of all, its reliability (in terms of consistency of both supply and quality), Accoya® wood is particularly suited to exterior applications where performance and appearance are valued. Moreover, the Accoya® wood production process does not compromise the wood's strength or machinability. The combination of dimensional stability, durability and retained strength means that Accoya® wood offers a wealth of new opportunities to architects, designers and specifiers. These benefits result in lower maintenance and total cost of ownership while using a higher sustainable and environmental responsible building material. For a full archive of Accoya® news, visitwww.accoya.com/news.

Tricoya® Wood Elements(www.tricoya.com)are produced using Accsys' proprietary technology for the acetylation of wood chips, and particles for use in the fabrication of panel products such as medium density fibreboard and particle-board. These products demonstrate enhanced durability and dimensional stability which allow them to be used in a variety of applications that were once limited to solid wood or man-made products. Exploitation of Accsys' proprietary technology relating to Tricoya® Wood Elements is carried out through Tricoya Technologies Limited. Tricoya® Wood Elements are lauded as the first major innovation in the wood composites industry in more than 30 years.

Wood Acetylation is a process which increases the amount of 'acetyl' molecules in wood, thereby changing its physical properties. When carried out to a sufficient level throughout the wood, this process protects wood from rot by making it "inedible" to most micro-organisms and fungi, without - unlike conventional treatments - making ittoxic. It also greatly reduces the wood's tendency to swell and shrink, making it less prone to cracking and ensuring that, when painted, it requires dramatically reduced maintenance.

Accsys Technologies is the trading name of Titan Wood Limited. ACCOYA®, TRICOYA® and the Trimarque Device are registered trademarks owned by Titan Wood Limited ("TWL"), a wholly owned subsidiary of Accsys Technologies PLC, and

may not be used or reproduced without written permission from TWL, or in the case of the Tricoya® registered trademark, from Tricoya Technologies Limited, a subsidiary of TWL with exclusive rights to exploit the Tricoya® brand.