CAPRICORN ENERGY PLC

AGM Information • May 11, 2022

FOR IMMEDIATE RELEASE 11 May 2022

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

1. Results of Annual General Meeting 2022

Capricorn announces that at the Annual General Meeting held earlier today, all resolutions set out in the Notice of Annual General Meeting put to the Annual General Meeting were passed by the requisite majority.

Each of the resolutions put to the Annual General Meeting was voted on by way of a poll and the results are set out in the table below. Each shareholder, present in person or by proxy, was entitled to one vote per share held.

RESOLUTION	FOR*	%	AGAINST	%	TOTAL	WITHHELD**
Resolution 1 Annual Report & Accounts	176,153,863	99.52	855,092	0.48	177,008,955	216,637
Resolution 2 Remuneration report	169,523,838	95.75	7,529,592	4.25	177,053,430	172,162
Resolution 3 Re-appointment of auditor	174,967,990	98.74	2,235,005	1.26	177,202,995	22,597
Resolution 4 Auditor's remuneration	177,068,901	99.94	101,199	0.06	177,170,100	55,492
Resolution 5 Re-election of Nicoletta Giadrossi	162,940,789	93.65	11,052,601	6.35	173,993,390	3,232,202
Resolution 6 Re-election of Keith Lough	174,790,813	98.70	2,302,390	1.30	177,093,203	132,389
Resolution 7 Re-election of Peter Kallos	171,943,280	98.82	2,054,437	1.18	173,997,717	3,227,875
Resolution 8 Re-election of Alison Wood	173,595,622	98.03	3,488,966	1.97	177,084,588	141,004
Resolution 9 Re-election of Catherine Krajicek	175,050,846	98.85	2,036,437	1.15	177,087,283	138,309
Resolution 10 Re-election of Erik Daugbjerg	176,738,304	99.81	336,495	0.19	177,074,799	150,793
Resolution 11 Re-election of Simon Thomson	173,329,948	97.82	3,866,373	2.18	177,196,321	29,271
Resolution 12 Re-election of James Smith	176,774,681	99.78	389,220	0.22	177,163,901	61,691

Resolution 13 Authority to allot shares	173,111,821	97.72	4,045,540	2.28	177,157,361	68,231
Resolution 14*** Disapplication of pre-emption	176,176,369	99.71	511,563	0.29	176,687,932	537,660
rights Resolution 15*** Disapplication of	168,298,842	95.25	8,388,035	4.75	176,686,877	538,715
pre-emption rights
Resolution 16*** Authority to purchase own shares	173,129,983	97.71	4,059,958	2.29	177,189,941	35,651
Resolution 17*** 14 days' notice of general meetings	171,032,325	96.56	6,098,327	3.44	177,130,652	94,940

* Includes discretionary votes.

** A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes 'For' and 'Against' a resolution.

*** Indicates a Special Resolution.

2. Resolutions Submitted to NSM

The Company has today submitted to the National Storage Mechanism (NSM) copies of the resolutions passed at the Annual General Meeting concerning items other than ordinary business. The NSM can be accessed athttps://data.fca.org.uk/#/nsm/nationalstoragemechanism

The resolutions carried at the Annual General Meeting are set out in full in the Notice of Annual General Meeting which can be found on the Company's website at www.capricornenergy.com