SMS will pay a second interim cash dividend for FY2021 of 6.875p per share on 27 January 2022 to shareholders on the register at 7 January 2022, with an ex-dividend date of 6 January 2022.

No Scrip alternative will be offered for this second interim dividend.

For further information:

Smart Metering Systems plc
Alan Foy, Chief Executive Officer
Dilip Kejriwal, Investor Relations
0141 249 3850

Cenkos Securities plc (Joint Broker and Nomad)
Neil McDonald / Pete Lynch
0131 220 6939 / 020 7397 8900

Investec Bank plc (Joint Broker)
Christopher Baird / Henry Reast
020 7597 5970

RBC Capital Markets (Joint Broker)
Matthew Coakes / Evgeni Jordanov / Jack Wood
020 7653 4000

Instinctif Partners
Tim Linacre / Guy Scarborough / Sarah Hourahane
07949 939237 / 020 7457 2020

Notes to Editors

Smart Metering Systems plc (www.sms-plc.com) is the fully integrated energy infrastructure company owning and managing meter assets, energy data, grid-scale batteries and other carbon reduction (CaRe) assets. The Group manages and optimises these assets through its in-house technology and data analytical platform "METIS".

Established in 1995, SMS provides a full end-to-end service, from funding and installation to management and maintenance, with a highly skilled workforce, deep engineering expertise and well-established industrial partnerships.

SMS is leading the low carbon, smart energy revolution in the UK and is committed to reducing its own carbon emissions to net zero by 2030. SMS has been recognised with the London Stock Exchange's Green Economy Mark every year since it was introduced in 2019.

SMS plc is headquartered in Glasgow with a national presence across twelve UK locations.

SMS's shares are listed on AIM.