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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY VIRTUE OF THE EU (WITHDRAWAL) ACT 2018 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

28 January 2026

Ascent Resources plc

("Ascent" or the "Company")

Grant of Share Options / PDMR Notification

Ascent Resources Plc (LON: AST), the onshore US focused oil and gas company, announces that it has granted options over a total of 50,000,000 ordinary shares of £0.005 each in the Company ("Ordinary Shares") to members of the senior management team, including 25,000,000 options to its Chief Executive Officer, under individual share option agreements.

The options have an exercise price of 0.65 pence per Ordinary Share and will vest in three approximately equal tranches on 1 July 2026, 1 July 2027 and 1 July 2028, subject to continued service (or accelerated vesting in the case of a good leaver cessation, including death). Each tranche has an exercise period of five years from its vesting date. The options are not subject to performance conditions beyond continued service. The grant is intended to align the interests of the senior management team with those of shareholders.

The grant made to Mr Patterson is in accordance with the terms of his service agreement dated 1 July 2025.

Notifications have been made in accordance with the requirements of the UK Market Abuse Regulation and are set out below.

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