Fowler, 37, was appointed manager at the Neuven Stadium in February 2020, having had a long playing career between 1999 and 2018.
Fowler said: “I’m delighted to be able to sign this new deal. I’ve thrown myself into this club and am looking forward to helping us develop further. A massive factor has been the support I have from the people above and around me which made this decision a complete no brainer. I’m excited for what can be achieved over the next two years.”
Chairman Paul Hilton added: “I am really happy to get this deal done. As a club there is a lot of work to do in the next period of our development and it important that we can set out on that path with a level of stability with a team capable of taking us to the next level on and off the field.
"Lee has had an extremely difficult start to his tenure due to the pandemic but I am confident that the professionalism and expertise he has shown is what we need as we face the next set of challenges and I am looking forward to what we can achieve together.”
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