Deferred Annual Bonus Plan Shares Option Awards

Reabold Resources plc, the investing company focussed on developing strategic gas projects for European energy security, announces that on 6 June 2024 (the "Grant Date"), the following share option awards (the "Awards") were made to certain Directors and Persons Discharging Managerial Responsibilities ("PDMRs") under the Reabold Resources plc Deferred Annual Bonus Plan (the "Plan").

The Awards were made in accordance with the rules of the Plan and as provided for in the 2023 Directors' Remuneration Report, which can be found in the Company's 2023 Annual Report. The Awards represent 50% of the total 2023 annual bonus value, which is required to be deferred into nil-cost options over ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares"), pursuant to the terms of the Plan. In calculating the number of Ordinary Shares over which the Awards have been made, the Remuneration Committee has applied the closing price per Ordinary Share on the day prior to the Grant Date.

The number of Ordinary Shares subject to the nil-cost options granted under the Awards are set out in the table below. The nil-cost options will become exercisable from the third anniversary of the Grant Date, subject to the terms and conditions of the Plan.

PDMR Notifications

• Details of the person discharging managerial responsibilities / person closely associated

• Name Sachin Oza

2. Reason for notification

• Position / status Co-CEO
• Initial notification / amendment Initial Notification

• Details of the issuer or emission allowance market participant

• Name Reabold Resources PLC
• LEI 2138006DR8T8XE87OC49
• Description of the financial instrument Identification code Ordinary Shares GB00B95L0551
• Nature of the transaction 36,839,030 nil-cost options over Ordinary Shares awarded under the Reabold Deferred Annual Bonus Plan
• Price(s) and volume (s) Price (s) Volume (s) Nil consideration 36,839,030
• Aggregated information · Volume · Price · Total N/A, single transaction
• Date of the transaction 6 June 2024
• Place of the transaction Outside a trading venue

• Details of the person discharging managerial responsibilities / person closely associated

• Name Stephen Williams

2. Reason for notification

• Position / status Co-CEO
• Initial notification / amendment Initial Notification

• Details of the issuer or emission allowance market participant

• Name Reabold Resources PLC
• LEI 2138006DR8T8XE87OC49
• Description of the financial instrument Identification code Ordinary Shares GB00B95L0551
• Nature of the transaction 36,839,030 nil-cost options over Ordinary Shares awarded under the Reabold Deferred Annual Bonus Plan
• Price(s) and volume (s) Price (s) Volume (s) Nil consideration 36,839,030
• Aggregated information · Volume · Price · Total N/A, single transaction
• Date of the transaction 6 June 2024
• Place of the transaction Outside a trading venue

• Details of the person discharging managerial responsibilities / person closely associated

• Name Chris Connolly

2. Reason for notification

• Position / status CFO (PDMR)
• Initial notification / amendment Initial Notification

• Details of the issuer or emission allowance market participant

• Name Reabold Resources PLC
• LEI 2138006DR8T8XE87OC49
• Description of the financial instrument Identification code Ordinary Shares GB00B95L0551
• Nature of the transaction 22,338,750 nil-cost options over Ordinary Shares awarded under the Reabold Deferred Annual Bonus Plan
• Price(s) and volume (s) Price (s) Volume (s) Nil consideration 22,338,750
• Aggregated information · Volume · Price · Total N/A, single transaction
• Date of the transaction 6 June 2024
• Place of the transaction Outside a trading venue