WRAP Retail Offer

Sunda Energy plc (AIM: SNDA), the AIM-quoted exploration and appraisal company focused on gas assets in the Asia-Pacific region, is pleased to announce a retail offer via the Winterflood Retail Access Platform (“WRAP”) to raise up to £0.525 million (the “Retail Offer”) through the issue of new ordinary shares of £0.001 each ("Ordinary Shares") in the capital of the Company (“New Ordinary Shares”). Under the Retail Offer up to 35,000,000 New Ordinary Shares (the “Retail Offer Shares”) will be made available at a price of 1.5 pence per share (the “Issue Price”).

In addition to the Retail Offer, at 7.00 a.m. on 22 September 2026 the Company announced (the "Fundraising Announcement") a placing (the "Placing") and subscription (the "Subscription") of new Ordinary Shares (the “Placing Shares” and the "Subscription Shares" and, together with the Retail Offer Shares, the “Fundraising Shares”) to raise £5.25 million (before expenses) at the Issue Price. The Issue Price represents a discount of approximately 45.5 per cent. to the mid-market price of 2.75p per Ordinary Share on 9 September 2026, being the last practicable date prior to the Company entering into the Capital Access Window on 10 September 2026.

A separate announcement has been made regarding the Placing and Subscription and their terms and sets out the reasons for the Placing, the Subscription and the Retail Offer and use of proceeds. The proceeds of the Retail Offer will be utilised in the same way as the proceeds of the Placing and Subscription.

The issue of the Retail Offer Shares is conditional upon, inter alia, the passing of certain resolutions to be put to shareholders of the Company at a General Meeting, which is expected to be held on 8 October 2026. A circular containing further details of the proposals and containing the Notice of General Meeting (the "Circular") is expected to be despatched to Shareholders on or about 22 September 2026. Following its publication, the Circular will be available on the Company's website at https://sundaenergy.com/.

Conditional upon the passing of those resolutions, admission of the Retail Offer Shares ("Second Admission") is expected to occur at 8.00 a.m. on or around 12 October 2026 or such later time and/or date as Allenby Capital, Hannam and the Company may agree (being in any event no later than 8.00 a.m. on 26 October 2026).

WRAP Retail Offer

Therefore, the Company is making the Retail Offer available to eligible investors in the United Kingdom following release of this announcement through certain financial intermediaries, being existing shareholders of Sunda Energy plc.

Existing shareholders can contact their broker or wealth manager to participate in the Retail Offer.

The Retail Offer is expected to close at 04.30 p.m. on 23 September 2026. Eligible retail investors should note that financial intermediaries may have earlier closing times. The result of the Retail Offer is expected to be announced by the Company on or around 07.00 a.m. on 24 September 2026.

There is a minimum subscription of £250 per investor under the Retail Offer. The terms and conditions on which investors subscribe will be provided by the relevant financial intermediaries including relevant commission or fee charges.

It should be noted that a subscription for Ordinary Shares and investment in the Company carries a number of risks, including the risk that investors may lose their entire investment. Investors should take independent advice from a person experienced in advising on investment in securities such as the Retail Offer Shares if they are in any doubt.

No offering document, prospectus or admission document has been or will be prepared or submitted to be approved by the Financial Conduct Authority (or any other authority) in relation to the Retail Offer, and investors' commitments will be made solely on the basis of the information contained in this announcement and information that has been published by or on behalf of the Company prior to the date of this announcement by notification to a Regulatory Information Service in accordance with the AIM Rules for Companies and the UK Market Abuse Regulation (EU Regulation No. 596/2014) as it forms part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018 (as amended)) ("UK MAR").

Unless defined in this announcement, all capitalised terms have the meaning ascribed to them in the Fundraising Announcement.

The Company's LEI is 213800MBSOS9UZ5SW712.

UK Product Governance Requirements