AFC Energy appoints Gary Bullard to its Board as Non-Executive Chairman

– UK, London –  AFC Energy (LON: AFC), a leading provider of hydrogen power generation technologies, today announced the appointment of Gary Bullard to its Board as its Non-Executive Chair with immediate effect, succeeding John Rennocks who retired from the Board after the AGM on 14 April.

“we are delighted to have found a chairman in Gary with such extensive experience and enthusiasm for the business.  Our key priority is to put in place the required distribution channels, manufacturing, and staffing to drive our commercial sales with significant annuity revenue and Gary’s commercial acumen will be invaluable during this phase of the company’s development.” said CEO, Adam Bond.

About Gary Bullard

Gary Bullard is an experienced Chairman, non-executive director, and executive with a successful international career in the Industrial and Information Technology industries. His Board level experience includes working with companies in the scale-up of high-volume manufacturing and supporting high-value, high-growth businesses in the commercialization of technology across a range of sectors.

He has particular expertise in understanding the opportunities for companies to expand their market reach through geographic expansion; expanding their value chain; digital transformation and innovation; increasing services or annuity revenues; partnering and expanding their routes to market. He will draw upon his considerable experience on the Boards of UK companies that have specialist offerings with a global marketplace and growth aspirations.

Mr. Bullard brings strong business and governance experience to the role. Gary has held several senior management positions in major corporates such as IBM and BT. Until 2012 he was President at Logica UK and a member of the Executive Committee of Logica plc. He has a wealth of AIM & Main Market experience and is currently Chairman of Gooch & Housego plc as well as being a Non-Executive Director of Spirent Communications plc.

Gary Bullard said: “I am hugely excited to have the opportunity to chair a growing business that will play a pivotal role in decarbonizing industry to reduce the effect of climate change. I believe that my commercial experience will be of significant benefit to AFC Energy as it scales up its operations to meet growing demand and I look forward to working with Adam and the senior executive team to make this happen.”

Gary Bruce Bullard is currently a director of Gooch & Housego plc, Spirent Communications plc, Recycling Technologies Ltd, and New Model Identity Ltd.

About AFC Energy plc

AFC Energy plc is commercializing a scalable alkaline fuel cell system, to provide clean electricity for on and off-grid applications. The technology, pioneered over the past twelve years in the UK, is now deployable in electric vehicle chargers, off-grid decentralized power systems, and industrial gas plants as part of a portfolio approach to the decarbonization of local electricity needs.

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