CAPRICORN ENERGY PLC

Transaction in Own Shares • Feb 4, 2022

FOR IMMEDIATE RELEASE 4 February 2022

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

TRANSACTIONS IN OWN SHARES

Capricorn announces that, on 3 February 2022, it purchased the following number of its ordinary shares of ²¹/¹³ pence each (the "Ordinary Shares") on the London Stock Exchange from Morgan Stanley & Co. International Plc ("Morgan Stanley"). Such purchase was effected pursuant to the instructions issued by the Company in accordance with the non-discretionary share repurchase arrangements entered into with Morgan Stanley, as announced on 15 November 2021, and extended as announced on 25 January 2022.

Ordinary Shares

Date of purchase:	3 February 2022
Aggregate number of Ordinary Shares purchased:	949
Lowest price paid per share:	200.00 pence
Highest price paid per share:	200.00 pence
Average price paid per share:	200.00 pence

The Company intends to cancel the purchased Ordinary Shares.

Since 15 November 2021, the Company has purchased 4,432,805 shares at a cost (including dealing and associated costs) of £8,390,184.88.

A full breakdown of the individual trades made by Morgan Stanley on behalf of the Company as part of the share repurchase programme is set out below.

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

Enquiries Analysts/Investors David Nisbet, Corporate Affairs Tel: 0131 475 3000 Media Linda Bain/Jonathan Milne, Corporate Affairs Tel: 0131 475 3000

Transaction Details:

Date	Time (BST)	Price (pence)	Quantity bought	Exchange Venue	Reference number of the transaction
03/02/2022	08:01:22	200.00	250	LSE	E0946PJxPzFW
03/02/2022	08:02:02	200.00	699	LSE	E0946PJxQ1pM