Directorate Change

3 July 2024 - Singapore: Jadestone Energy plc (the "Company"), an independent upstream company focused on the Asia-Pacific region, announces that Bert-Jaap Dijkstra, Executive Director and Chief Financial Officer, has decided to leave the Company in order to pursue other career opportunities and repatriate back to the Netherlands to rejoin his family. Mr Dijkstra will remain in his post during the publication of the Company's 2024 Half-Year Results and the scheduled September 2024 redetermination of the Company's reserve-based lending ("RBL") facility.

The Company will immediately commence a search for his replacement.

Bert-Jaap Dijkstra, Chief Financial Officer of Jadestone commented:

"The positive outcome from the recent RBL redetermination again demonstrates the confidence that our banks have in the Jadestone management team and business model, helping to support the growth and diversification strategy. It has been a pleasure to work with the entrepreneurial Jadestone team and its external stakeholders, notably the banks, and I would like to thank the team and the Board for a very rewarding experience."

Adel Chaouch, Chairman of Jadestone commented:

"On behalf of the Board of Directors, I would like to thank Bert-Jaap for his efforts at Jadestone and his commitment to ensuring a smooth transition. We wish him well on his return to the Netherlands and in his future endeavours."