Notice of GM and Posting of Circular

& Notice of General Meeting to be held 3 March 2026 and Posting of Circular

Notice is hereby given that the General Meeting of the Company scheduled for 11:00 a.m. on 27 February 2026 is adjourned sine die (indefinitely).

Notice is given that a new General Meeting will be held at 11:00 a.m. (U.K. time) on 3 March 2026 at the offices of Tennyson Securities, Second Floor, 26 Caxton Street, London, SW1 0RJ. All shareholders are invited to participate in the poll.

As notified earlier today, the Company was pleased to announce that the WRAP Retail Offer, only offered to existing shareholders of the Company (Shareholders), was still multiple times oversubscribed, demonstrating strong support from Europa's retail shareholder base. Europa greatly values the support of its retail shareholders and considers it important that existing Shareholders are given an opportunity to minimise dilution that could be the result of the Company's fundraising activities. Seeking to avoid overall dilution of existing shareholders who participated in the WRAP Retail Offer, the Company has decided to increase the size of the WRAP Retail Offer to partially accommodate the excess demand from existing Shareholders.

Consequently, the resolution to be proposed at the new General Meeting reflects the increased number of Ordinary Shares to be issued pursuant to the WRAP Retail Offer.

A revised Shareholder Circular is now available on the Company's website at www.europaoil.com and will today be sent by mail to shareholders who have elected to receive a hard copy. The Shareholder Circular contains a Notice of General Meeting ("GM") at which the following authorities will be sought:

• approval of the conditional Placing of approximately £3.5m;
• approval of the WRAP Retail Offer of approximately £641,177 (previously £350,000);
• approval of Fundraising Warrants to be issued; and
• approval of Broker Warrants to be issued in consideration of the successful Placing.

Shareholders are encouraged to vote in advance of the GM with votes cast by poll/proxy card or letters of representation from nominee account holders. In order to vote by proxy, please use the Form of Proxy which has been posted to you or can be found on the website. Please use the Form of Proxy in accordance with the instructions printed on it and return it to the Company's registrar, Computershare Investor Services PLC at The Pavilions, Bridgwater Road, Bristol, BS99 6ZY, as soon as possible and, in any event, so as to be received by no later than 11:00am on Friday 27th February 2026. You are strongly advised to appoint the Chair of the meeting as your proxy to ensure that your vote is counted.