Investor Presentation Update

Corcel Plc (London AIM: CRCL), the pan-Angola-Brazil focused energy company, is pleased to announce that it has published an updated investor presentation now available for download on its website.

The presentation can be accessed via the link below.

Link: https://tinyurl.com/3n8maznh

The company is also pleased to share its plans to host investor events in January 2025. Further details will be shared in due course. We look forward to engaging with our investors and stakeholders during these events.

Scott Gilbert, Corcel's Chief Executive Officer, commented: "We are excited to present our updated investor presentation, reflecting the progress Corcel has made in 2024. This year, we focused on strategically optimising our portfolio to align with our long-term objectives and enhance overall asset quality. The diversification of our portfolio, including the addition of assets in Brazil and the implementation of the operational plan for exploration in Angola, demonstrates our commitment to creating sustainable value for our shareholders through long-term growth and operational efficiency. We look forward to the upcoming investor events in January 2025, which will provide an excellent opportunity to engage directly with our investors and share detailed insights into the quality of our portfolio and our operational plans."

• a 20% interest in the IRAI gas field
• a right-of-first refusal ("ROFR") over the remaining 80% in the IRAI field, and