23 January 2026

Aminex plc

 ("Aminex" or "the Company")

Ntorya to Madimba Pipeline  

Aminex, the oil and gas exploration and development company focused on Tanzania, is pleased to announce that the pipe required for construction of the pipeline from the Ntorya gas field to the Madimba gas processing plant has arrived from China into Mtwara port, Tanzania and that groundwork and pipelaying remains on schedule to commence in February 2026.

Charles Santos, Executive Chairman of Aminex, commented:

"We are very pleased to report that the pipe for the Ntorya to Madimba pipeline has arrived ahead of schedule, demonstrating the commitment of TPDC and the Government of Tanzania to move this project forward to completion. We will provide a further operational update shortly."

Notes to Editors:

The Ntorya Development Licence area lies adjacent to a region containing supergiant world-class LNG projects, extending from offshore Tanzania into Mozambique waters to the south. The JV partners intend to produce Ntorya gas into the growing domestic gas market, helping to alleviate energy poverty and boost the energy transition in Tanzania.

Aminex, with a 25% non-operated interest, is carried throughout the ongoing work programme to a maximum gross capital expenditure of $140 million ($35 million net to Aminex). The carry is expected to see the Company through to the commencement of commercial gas production from the Ntorya field at zero cost to the Company.