Energean PLC

AGM Information • May 23, 2024

Energean PLC ("the Company")

Registered in England Wales, Number: 10758801

RESOLUTIONS PASSED ON 23 MAY 2024

Pursuant to the Annual General Meeting of the company held on 23 May 2023 at 9 a.m., the following resolutions were validly passed as an ordinary resolution in the case of resolution 15 and special resolutions in the case of resolutions 16-19.

Ordinary Resolution

• 1. THAT, in accordance with section 551 of the Act, the Directors be generally and unconditionally authorised to allot Relevant Securities (as defined in the notes to this Resolution):
  2. a) comprising equity securities (as defined by section 560 of the Act) up to an aggregate nominal amount of £1,221,983.18 (being approximately two-thirds of the nominal value of the Company's current issued share capital), such amount to be reduced by the nominal amount of any Relevant Securities allotted pursuant to the authority in paragraph 15 b) below, in connection with a preemptive offer:
     • i. respective holdings; and
     • ii. the Directors otherwise consider necessary,

but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates, legal, regulatory or practical problems in or under the laws of any territory or the requirements of any regulatory body or stock exchange; and

b) in any other case, up to an aggregate nominal amount of £610,991.59 (being approximately one-third of the nominal value of the Company's current issued share capital), such amount to be reduced by the nominal amount of any equity securities allotted pursuant to the authority in paragraph 15 a) above in excess of £610,991.59,

provided that this authority granted by this Resolution shall, unless renewed, varied or revoked by the Company, expire at the conclusion of the next annual general meeting of the Company or at close of business on the date falling 15 months from the date of passing this Resolution, whichever is earlier, save that the Company may, before such expiry, make offers or agreements which would or might require Relevant Securities to be allotted and the Directors may allot Relevant Securities in pursuance of such offer or agreement notwithstanding that the authority conferred by this Resolution has expired.

This Resolution revokes and replaces all unexercised authorities previously granted to the Directors to allot Relevant Securities but without prejudice to any allotment of shares or grant of rights already made, offered or agreed to be made pursuant to such authorities.

Special Resolutions

• 1. THAT subject to the passing of Resolution 15, the Directors be generally empowered to allot equity securities (as defined in section 560 of the Act) for cash, either pursuant to the authority conferred by Resolution 15 or by way of a sale of treasury shares, in each case as if section 561(1) of the Act did not apply to any such allotment or sale, provided that this power shall be limited to:
  2. a) the allotment of equity securities or sale of treasury shares for cash in connection with an offer of equity securities:
     • i. to the holders of Ordinary Shares in proportion (as nearly as may be practicable) to their respective holdings; and
     • ii. to the holders of other equity securities as required by the rights of those securities or as the Directors otherwise consider necessary,

but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates, legal, regulatory or practical problems in or under the laws of any territory or the requirements of any regulatory body or stock exchange;

• b) the allotment (otherwise than pursuant to paragraph 16 a) above) of equity securities or sale of treasury shares up to an aggregate nominal amount of £183,480.95 (representing no more than 10 per cent of the current issued share capital of the Company); and
• c) the allotment of equity securities or sale of treasury shares (otherwise than pursuant to paragraph 16 a) or paragraph 16 b) above) up to a nominal amount equal to 20 per cent of any allotment of equity securities or sale of treasury shares from time to time under paragraph 16 b) above, such authority to be used only for the purposes of making a followon offer which the Directors determine to be of a kind contemplated by paragraph 3 of Section 2B of the Statement of Principles on Disapplying Pre-Emption Rights most recently published by the Pre-Emption Group prior to the date of this Notice,

provided that the power granted by this Resolution will expire at the conclusion of the next annual general meeting of the Company or at close of business on the date falling 15 months from the date of passing this Resolution, whichever is earlier, save that the Company may, before such expiry, make offers or agreements which would or might require equity securities to be allotted (or treasury shares to be sold) after such expiry and the Directors may allot equity securities (and sell treasury shares) in pursuance of any such offer or agreement notwithstanding that the power conferred by this Resolution has expired.

This Resolution revokes and replaces all unexercised powers previously granted to the Directors to allot equity securities as if section 561(1) of the Act did not apply but without prejudice to any allotment of equity securities already made or agreed to be made pursuant to such authorities.

• 1. under Resolution 16, the Directors be generally empowered to allot equity securities (as defined in section 560 of the Act) for cash, either pursuant to the authority given by Resolution 15 or by way of a sale of treasury shares, as if section 561(1) of the Act did not apply to any such allotment or sale, provided that this power shall be:
  2. a) limited to the allotment of equity securities or sale of treasury shares for cash up to an aggregate nominal amount of £183,480.95 (representing no more than 10 per cent of the current issued

share capital of the Company) such authority to be used only for the purposes of financing (or refinancing, if the authority is to be used within 12 months after the original transaction) a transaction which the Directors determine to be either an acquisition or a specified capital investment of a kind contemplated by the Statement of Principles on Disapplying Pre-Emption Rights most recently published by the Pre-Emption Group prior to the date of this Notice; and

b) limited to the allotment of equity securities or sale of treasury shares (otherwise than pursuant to paragraph 17 a) above) up to a nominal amount equal to 20 per cent of any allotment of equity securities or sale of treasury shares from time to time pursuant to paragraph 17 a) above, such authority to be used only for the purposes of making a follow-on offer which the Directors determine to be of a kind contemplated by paragraph 3 of Section 2B of the Statement of Principles on Disapplying Pre-Emption Rights most recently published by the Pre-Emption Group prior to the date of this Notice,

provided that the power granted by this Resolution will expire at the conclusion of the next annual general meeting of the Company or at close of business on the date falling 15 months from the date of passing this Resolution, whichever is earlier, save that the Company may, before such expiry, make offers or agreements which would or might require equity securities to be allotted (or treasury shares to be sold) after such expiry and the Directors may allot equity securities (and sell treasury shares) in pursuance of any such offer or agreement notwithstanding that the power conferred by this Resolution has expired.

• 1. THAT any general meeting, other than an annual general meeting, may be called on not less than 14 clear days' notice.
• 1. THAT the Company be generally and unconditionally authorised in accordance with section 701 of the Act to make market purchases (within the meaning of section 693(4) of the Act) of Ordinary Shares of £0.01 each provided that:
  2. a) the maximum aggregate number of Ordinary Shares that may be purchased under either market purchases (within the meaning of section 693(4) of the Act) is 18,348,095 (representing 10 per cent of the current issued share capital of the Company);
  3. b) the minimum price (excluding expenses) that may be paid for each Ordinary Share is £0.01 (the nominal value thereof); and
  4. c) the maximum price (excluding expenses) which may be paid for each Ordinary Share is the higher of:
     • i. derived from the middle market quotations for an Ordinary Share on the London Stock Exchange Daily Official List for the five trading days prior to the day the purchase is made; and
     • ii. for:
       • 1. the last independent trade of; and
       • 1. the highest current bid for,

any number of the Company's Ordinary Shares on the trading venue where the purchase is carried out,

provided that the authority conferred by this Resolution shall expire at the conclusion of the next annual general meeting of the Company or at close of business on the date falling 15 months from the date of passing this Resolution, whichever is earlier, save that the Company may, before the expiry of the authority granted by this Resolution, enter into a contract to purchase Ordinary Shares which will or may be executed wholly or partly after the expiry of such authority.

23 MAY 2024 Date

Chair