Yverdon-les-Bains, Switzerland, April 3, 2014 – Leclanché S.A. (SIX Swiss Exchange: LECN), specialized in the production of large-format lithium-ion cells and energy storage solutions, announced today that shareholders approved all the resolutions proposed by the Board of Directors at its 2014 annual general meeting held today in Yverdon-les-Bains, including the annual report and statutory financial statements and the proposed capital reduction/increase (see below). The capital increase approved is pursuant to the election by Precept to convert part of its loan into ordinary shares of the company and does not result in any new cash. Mr Jim Atack was confirmed by shareholders as Chairman of the Leclanché Board of Directors as well as all other members who have stood for annual re-election.
Shareholders of Leclanché S.A. approved in particular:

•  a reduction of the share capital of the company of CHF 8,158,607.87 by way of par value reduction from currently CHF 2.11 to CHF 1.50 per share
• an ordinary capital increase of CHF 10,703,782.50 through the issuance of 7,135,855 new registered shares with a nominal value of CHF 1.50 for the conversion of the Precept loan;
• the re-elections to the Board of Directors of Messrs Jim Atack, Stefan A. Müller, Antoine Spillmann and Bryan Urban
• the election of Mr Jim Atack as Chairman of the Board and the elections to the Remuneration Committee of Messrs Jim Atack, Stefan A. Müller and Bryan Urban, as well as the election of the Independent Proxy.
• the consequential amendments to the Articles of Association.

The Board will proceed shortly to implement the capital Increase and file the necessary registrations in the commercial register. The issuance of 7,135,855 new shares, will bring the number of shares in issue to 20,510,622. Following the acceptance of the proposed capital increase and the conversion of the Precept loan into shares, Precept will hold 10,278,240 shares representing 50.1% of the issued share capital of Leclanché SA.

About Leclanché

Headquartered in Switzerland, Leclanché SA is a leading provider of high-quality energy storage solutions designed to accelerate our progress towards a clean energy future. Leclanché’s history and heritage is rooted in over 100 years of battery and energy storage innovation and the Company is a trusted provider of energy storage solutions globally. This coupled with the Company’s culture of German engineering and Swiss precision and quality, continues to make Leclanché the partner of choice for both disruptors, established companies and governments who are pioneering positive changes in how energy is produced, distributed and consumed around the world. The energy transition is being driven primarily by changes in the management of our electricity networks and the electrification of transport, and these two end markets form the backbone of our strategy and business model. Leclanché is at the heart of the convergence of the electrification of transport and the changes in the distribution network. Leclanché is the only listed pure play energy storage company in the world, organised along three business units: stationary storage solutions, e-Transport solutions and specialty batteries systems. Leclanché is listed on the Swiss Stock Exchange (SIX: LECN).

SIX Swiss Exchange: ticker symbol LECN | ISIN CH 011 030 311 9

Disclaimer

This press release contains certain forward-looking statements relating to Leclanché’s business, which can be identified by terminology such as “strategic”, “proposes”, “to introduce”, “will”, “planned”, “expected”, “commitment”, “expects”, “set”, “preparing”, “plans”, “estimates”, “aims”, “would”, “potential”, “awaiting”, “estimated”, “proposal”, or similar expressions, or by expressed or implied discussions regarding the ramp up of Leclanché’s production capacity, potential applications for existing products, or regarding potential future revenues from any such products, or potential future sales or earnings of Leclanché or any of its business units. You should not place undue reliance on these statements. Such forward-looking statements reflect the current views of Leclanché regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no guarantee that Leclanché’s products will achieve any particular revenue levels. Nor can there be any guarantee that Leclanché, or any of the business units, will achieve any particular financial results.

Contacts

Media Switzerland /Europe:

Thierry Meyer

T: +41 (0) 79 785 35 81

E-mail: tme@dynamicsgroup.ch

Media North America:

Henry Feintuch / Ashley Blas

T: +1-914-548-6924 / +1-509-494-4053

E-mail: leclanche@feintuchpr.com

Media Germany:

Christoph Miller

T: +49 (0) 711 947 670

E-mail: leclanche@sympra.de

Investor Contacts:

Anil Srivastava / Hubert Angleys

T: +41 (0) 24 424 65 00

E-mail: invest.leclanche@leclanche.com