VivoPower International PLC announced that it has signed a definitive agreement with Fourche Maline Ltd. distribute and service Tembo-powered electric utility vehicles ("EUV") across Ghana. Fourche Maline provides engineering and technical services in the local Ghana market to a number of the companies in the Oil & Gas, Mining, Power & Energy, and Food & Beverage sectors. Under the Agreement, Fourche Maline has committed to sell a total of 2,500 Tembo EUV conversion kits from execution of this Agreement over the next 5 years across Ghana and West Africa.

Fourche Maline will be responsible for acquiring utility vehicles, converting the vehicles to ruggedised EUVs using Tembo conversion kits, selling the units to end-customers and providing after-sale servicing and maintenance with support from Tembo. Sensors where the Tembo EUV will be used are wide-ranging, including Mining but also Power, Oil & Gas, Government services, Insurance and Agriculture. The Hilux and LandCruiser are widely used in the local mining industry and several international mining companies with a local presence have declared global sustainability goals.

Ghana has also been a proponent of Electric Vehicle ("EV") adoption with the Ghana Energy Commission launching a "Drive Electric Initiative" (DEI-Gh) to foster development of the EV market and infrastructure. The Tembo EUV kits will transform new and second-hand diesel-powered 4x4 LandCruiser and Hilux vehicles into ruggedised EUVs. Tembo EUV conversion kits are a key component of VivoPower's turnkey sustainable energy solutions, designed to help corporate customers accelerate towards their net zero carbon goals and to achieve cost savings.