Issue of Equity

Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey-based Oil and Gas Company with producing hydrocarbon operations and exploration activity focussed on Trinidad and Morocco, announces that it has issued 3,866,090 new ordinary shares ("Shares") to Paul Griffiths, Chief Executive Officer.

Background

Mr Griffiths is currently owed £323,785 arising from the capitalisation of his loans in May 2023. This amount remains recognised as a current liability within trade and other payables in the Company's audited financial statements for the year ended 31 December 2025 and is payable in cash upon either a flow rate of 1 million cubic feet of gas per day being achieved from any Guercif well or a flow rate of 100 bopd being achieved from any participating Trinidad well.

Amended Terms

The Remuneration Committee of the Company has recommended that settling part of the liability in Shares would preserve the Company's cash resources and reduce the liability by the value of the Shares issued. Consequently it was agreed that:

• 40% of the existing liability, being £129,514, be settled through the issue of Shares to Mr Griffiths at the closing mid-market price on 17 August 2026; and
• The remaining 60%, being £194,271, will become payable upon the earlier of an announcement that either a stabilised flow rate of greater than 3 million cubic feet of gas per day has been achieved from MOU-6 or a stabilised oil rate of greater than 200 bopd has been achieved from Snowcap-3.

Issue of Shares

The Company has issued Mr Griffiths with 3,866,090 Shares at a price of 3.35 pence per Share.

Admission and Total Voting Rights

Application will be made to the London Stock Exchange for admission to trading of the Shares ("Admission") and it is expected that Admission will become effective at 8.00 a.m. on or around 25 August 2026.

The rights attaching to the Shares will be uniform in all respects and the Shares will rank pari passu with the existing issued shares of no par value in the Company.

Following Admission, the Company will have 904,438,190 ordinary shares of no par value in issue, each with one vote per share (and none of which are held in treasury). This figure of 904,438,190 may be used by shareholders in the Company as the denominator for calculations to determine if they have a notifiable interest in the share capital of the Company under the Disclosure Guidance and Transparency Rules, or if such interest has changed.

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