Smart Wires Inc.

Smart Wires Technology Ltd Publishes Annual Report 2021

April 28, 2022

Smart Wires Technology Ltd (“Smart Wires”) today announced the publication of its Annual Report 2021. The Annual Report is attached to this press release and available on the company’s website at: https://www.smartwires.com/investors/financial-reports-presentations/

CONTACTS

Julie Andrews, CFO

E-mail: julie.andrews@smartwires.com

Tel: +1 (901) 687-8314

The information was submitted for publication, through the agency of the contact persons set out above, at 2022-04-28, 16:00 CET

ABOUT SMART WIRES TECHNOLOGY LTD.

Smart Wires conducts grid technology business that helps utilize, modernize, optimize, and monetize grid capacity to meet the demands and opportunities of the energy transition. The Company operates in the global transmission grid technology market and is a leader in modular power flow control technology. Power flow control technology controls and directs power flow on high voltage electric transmission systems. Smart Wires serves transmission owners, primarily electric utilities. Transmission owners use power flow controllers to eliminate line overloads by redirecting power to other lines, to reduce transmission congestion, and to enable renewable energy connection and dispatch. Currently, Smart Wires’ main projects are located in Europe, the United States and Australia with upcoming projects in South America and Canada. The Company has a large customer base comprised of utilities globally. Smart Wires Technology Ltd is listed on the Nasdaq First North Growth Market. For more information, please visit www.smartwires.com.

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