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  • Currently serves as Chief Financial Officer of Fluence
  • Significant water industry experience, including 10+ years as CFO
  • Following a transition period, Tom Pokorsky will retire but remain with the Company in an advisory role

Fluence Corporation Limited (ASX: FLC; “Fluence” or the “Company”) is pleased to announce the appointment of Benjamin Fash as CEO and Managing Director effective on or before 30 December 2025. Mr. Fash currently serves as the Company’s Chief Financial Officer, a position he has held since 2023. Following a transition period, current CEO and Managing Director Tom Pokorsky will retire following a distinguished 50-year career. Mr. Fash will assume the new positions no later than December 30, 2025. The Company has commenced a search for a new Chief Financial Officer.

Mr. Fash brings 20+ years of successful water industry and capital markets experience to Fluence including:

  • More than 13 years of experience as an executive in the water industry, including 10+ years in CFO roles
  • Spent the past 3 years as Fluence CFO, supporting the strategic transition and turnaround of the Company
  • 8 plus years of investment banking and private equity experience, primarily mergers and acquisitions

Reflecting on Mr. Fash’s appointment and Mr. Pokorsky’s retirement, Fluence Chairman Doug Brown said: “The Fluence Board is excited to appoint Ben as our new CEO and Managing Director. Ben was brought in as the CFO at Tom’s urging and is a natural choice to succeed Tom. The Board has worked with Ben for several years and has the utmost confidence he will continue to build on the great work Tom and his team have done to transform the Company and position Fluence for future growth. We are confident that Ben will work with the team to deliver outstanding growth and profitability in the years ahead. I also wanted to thank Tom for his contributions to Fluence and congratulate him on a remarkable career. We are grateful he has offered to work with Ben and the team over the next few months of transition and will continue to serve the Company either in an advisory role or continuing as a director.”

Mr. Fash remarked: “I’m honored and excited to step into these new roles at this pivotal moment for Fluence. I want to extend my deepest gratitude to Tom for both his leadership and vision in guiding us during the past several years. I have personally known and worked with Tom for over a decade. I consider him a mentor and am grateful for everything I’ve been fortunate enough to learn from him. Our team has worked tirelessly to reposition ourselves for future growth and profitability, and I am confident that our redefined strategic focus and unwavering commitment to sustainable and profitable growth will drive significant value for our customers, employees, and shareholders in the years to come.”

A summary of Mr. Fash’s key employment terms, along with the proposed remuneration, is attached hereto as Appendix A. The Company will seek shareholder approval for the equity securities and termination payments proposed to be granted to Mr. Fash as part of his remuneration package at its extraordinary general meeting (“EGM”) which is anticipated to be held in October. The Notice of Meeting for the EGM is expected to be dispatched within the next two weeks.

For further information, please contact:

Australia
Andrew Angus
Investor Relations
E: [email protected]
P: +61 402 823 757

United States of America
Tom Pokorsky
Managing Director & CEO
E: [email protected]

About Fluence Corporation Limited (ASX: FLC)

Fluence is a leader in Wastewater Treatment and Reuse, High-Strength Wastewater Treatment, Wastewater-to-Energy, Industrial and Drinking Water markets, with its pre-engineered, standardized Smart Products Solutions (SPS), including Aspiral™, NIROBOX™, SUBRE and Nitro. In addition to rapid delivery and commissioning of solutions to meet a broad range of needs from smaller communities to city-scale systems, Fluence offers ongoing operation and maintenance support, Build Own Operate (BOO) and other recurring revenue solutions. Fluence has a broad international footprint and focuses on high growth markets including North America and Southeast Asia.

Further information can be found at https://www.fluencecorp.com/

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