30 January 2023

Velocity Composites plc (“Velocity” or the “Company”)

Director PDMR Shareholding

Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced composite material kits to the aerospace market, announces that on 20 January 2023, Jon Bridges, Chief Executive Officer, dematerialised his certificated shareholding in the Company and transferred his entire holding of 5,515,929 Ordinary Shares in the Company into CREST, registered in the name of HL Nominees Limited. Following the transaction, Mr Bridges’ beneficial interest in the Company remains unchanged.

Enquiries:

Velocity Composites plc Andy Beaden, Chairman Jon Bridges, Chief Executive Officer +44 (0) 1282 577577

Cenkos Securities plc Nominated Adviser and Broker Katy Birkin Ben Jeynes

+44 (0) 20 7397 4000 SEC Newgate Financial PR Robin Tozer / Richard Bicknell +44 (0)7540 106 366 velocitycomposites@secnewgate.co.uk