Notification of Proposed Transfer from the Equity Shares (Transition) Category to the Equity Shares (Commercial Companies) Category

Genel Energy plc is proposing to transfer its ordinary shares from the equity shares (transition) category to the equity shares (commercial companies) category of the Official List, effective upon the completion of its recommended cash acquisition of Capricorn Energy plc. This transfer is a requirement under the UK Listing Rules due to the acquisition constituting a reverse takeover, and it will subject Genel Energy to additional regulations. The company confirms it meets the new eligibility requirements for the commercial companies category, and its board remains committed to adhering to the UK Corporate Governance Code. As of August 19, 2026, Genel Energy had 279,402,863 ordinary shares in issue.