Result of Retail Offer

EARNZ plc (AIM: EARNZ), an energy services company whose objective is to capitalise on the drive for global decarbonisation, announce that the Retail Offer launched on 12 March 2026 has now closed. The Retail Offer raised approximately £55,000 through the issuance of 1,109,432 Retail Offer Shares at a price of 5 pence each.

Accordingly, conditional on the passing of the Resolutions at the General Meeting and admission of the Placing Shares and Retail Offer Shares, the Company has conditionally raised total gross proceeds of approximately £3.555 million in aggregate by way of the Fundraising.

Admission and Total Voting Rights

Application will be made to the London Stock Exchange for admission of the Placing Shares, Initial Consideration Shares and Retail Offer Shares, a total of 101,109,432 new Ordinary Shares, to trading on AIM. It is expected that Admission will become effective and dealings in the Placing Shares, Initial Consideration Shares and Retail Offer Shares will commence on AIM at 8.00 a.m. on or around 31 March 2026 (or such later date as may be agreed between the Company and Zeus, but no later than 30 April 2026) ("Admission").

The Placing Shares, Initial Consideration Shares and Retail Offer Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.

Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 235,017,794 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's share capital pursuant to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

A separate announcement has been made on 11 March 2026 at 4:41p.m. (the "Placing Announcement") regarding the Placing and its terms which also sets out the reasons for the Fundraising and the use of proceeds of the Fundraising. The Retail Offer is not part of the Placing and the Placing is not conditional upon any minimum amount being raised under the Retail Offer. If the Placing is terminated prior to Admission, the Retail Offer shall also lapse.

Capitalised terms used but not otherwise defined in this announcement shall have the meanings ascribed to such terms in the Placing Announcement, unless the context requires otherwise.

Engage with the Earnz PLC management team directly by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our interactive investor hub here: https://investors.earnzplc.com/link/PGKJxP

For further information, please contact: https://investors.earnzplc.com/link/PGKJxP.

Subscribe to our news alert service: http://investors.earnzplc.com/auth/signup

UK Product Governance Requirements

EU Product Governance Requirements