STRIKE ENERGY LIMITED — M&A Activity 2023

Feb 2, 2023

ASX: STX The Company Announcement Officer ASX Ltd via electronic lodgement

Takeover Offer Update

Strike Energy Limited’s (Strike - ASX: STX) sixth supplementary bidder’s statement released earlier today detailed the incorrect CHESS Acceptance Code for market participants to validly accept Strike West Holdings Pty Ltd’s off-market takeover bid to acquire all of the shares in Warrego Energy Limited (ASX: WGO) ( Warrego ) that Strike does not already own ( Offer ).

Please note the correct CHESS Acceptance Code is: WGOSTK

Further information on how to accept the Offer is set out below.

Notice of status of conditions

Section 630(3) of the Corporations Act 2001 (Cth) ( Corporations Act ) requires a bidder to lodge a notice of status of conditions at least 7 days before the end of the offer period.

For the purposes of section 630(3) of the Corporations Act, we attach a notice of the status of defeating conditions to the Offer. A copy of the formal notice of the status of defeating conditions to the Offer has been sent to Warrego today.

How to accept

You can accept our Offer at any time during the Offer period which is currently due to close at 7pm Perth time on 13 February 2023.

How you may accept the Offer depends on whether your Warrego Shares are held in an Issuer Sponsored Holding or a CHESS Holding. If Your Warrego Shares are registered in the name of a broker, investment dealer, bank, trust company or other nominee, you should contact that nominee for assistance in accepting the Offer.

• (a) CHESS Holdings (you have a Holder Identification Number starting with the letter X)

If your Warrego Shares are held in a CHESS Holding, you can accept the Offer by:

• instructing your Controlling Participant (usually your broker) to accept the Offer on your behalf before the end of the Offer period (you are not required to return the Acceptance Form yourself). If you are instructing your Controlling Participant the CHESS Acceptance Code is WGOSTK ; or

• completing and signing your Acceptance Form in accordance with the instructions on the form, and returning it (together with all documents required by the instructions on it) so that it is received at the address (or email address, as applicable) shown on the Acceptance Form before the end of the Offer period.

• (b) Issuer Sponsored Holdings (you have a Securityholder Reference Number starting with the letter I)

If your Warrego Shares are held in an Issuer Sponsored Holding, you can accept the Offer by completing and signing your Acceptance Form in accordance with the instructions on the form, and returning it (together with all documents required by the instructions on it) so that it is received at the address (or email address, as applicable) shown on the Acceptance Form before the end of the Offer Period.

• (c) Controlling Participants

If you are a Controlling Participant, acceptance of the Offer must be initiated in accordance with rule 14.14 of the ASX Settlement Operating Rules before the end of the Offer Period. The CHESS Acceptance Code is WGOSTK .

strike@strikeenergy.com.au ABN 59 078 012 745 www.strikeenergy.com.au 2, 66 Kings Park Rd, West Perth WA 6005

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Offer Information Line

If you have any questions about Strike Offer please:

• call the Offer Information Line, on 1300 737 760 from within Australia (toll-free) or +61 2 9290 9600 from outside Australia (charges apply) between 8.15am and 5.30pm (Sydney time) Monday to Friday; or

• email Brendan Henry on bhenry@allianceadvisors.com who would be happy to help you. For more information on the Offer, please visit Strike’s website at the following link: https://strikeenergy.com.au/warrego-offer/

This announcement is authorised for release by the Managing Director and Chief Executive Officer in accordance with the Company’s Continuous Disclosure Policy.

Company Contact Media Contacts Stuart Nicholls Paul Ryan (Citadel-MAGNUS) CEO & MD Phone: 0409 296 511 stuart.nicholls@strikeenergy.com.au pryan@citadelmagnus.com

Statutory Notice

Strike West Holdings Pty Ltd ACN 616 395 398

Notice under section 630(3) of the Corporations Act 2001 (Cth)

To:

ASX Limited Warrego Energy Limited ACN 125 394 667 (Warrego)

This notice ( Notice ) is given under section 630(3) of the Corporations Act 2001 (Cth) ( Corporations Act ) by Strike West Holdings Pty Ltd ACN 616 395 398 ( Strike West ) a wholly owned subsidiary of Strike Energy Limited ACN 078 012 745 ( Strike ) in relation to its offer to acquire all issued fully-paid ordinary shares in Warrego Energy Limited ACN 125 394 667 ( Warrego ) that are not owned by Strike ( Offer ).

The Offer is contained in Strike West’s bidder’s statement dated 23 December 2022 as supplemented and varied by Strike West’s first supplementary bidder’s statement dated 30 December 2022, second supplementary bidder’s statement dated 6 January 2023, third supplementary bidder’s statement dated 12 January 2023, fourth supplementary bidder’s statement dated 17 January 2023, fifth supplementary bidder’s statement dated 23 January 2023 and sixth supplementary bidder’s statement dated 3 February 2023.

Notification

Strike West gives notice under subsection 630(3) of the Corporations Act that:

(a) the Offer is unconditional and has been unconditional since 17 January 2023; and

(b) as at the date of this notice, Strike West’s voting power in Warrego is 24.91%.

This notice is dated 3 February 2023.

Signed for and on behalf of Strike West by:

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Stuart Nicholls Sole Director