Corcel PLC

("Corcel" or the "Company")

RESULTS OF GENERAL MEETING

18 November 2025

Corcel Plc (London AIM: CRCL), the Angola-Brazil-focused energy company, advises that the Company held its General Meeting (GM) earlier today and is pleased to announce that the resolution proposed at the GM was duly passed.

The resolution put to the GM was voted on by way of a poll and the result is as follows:

For further information, please contact:

Scott Gilbert                                                                            

Corcel Plc, CEO & Director

[email protected]   

Melissa Byeon

Corcel plc, Public Relations Officer

[email protected]                                                               

James Joyce / James Bavister / Andrew de Andrade   

Zeus, NOMAD & Broker

020 3829 5000        

Jonathan Wright / Rupert Holdsworth Hunt                             

Auctus Advisors LLP, Joint Broker

07711 627449

About Corcel

Corcel has a notable oil and gas portfolio in onshore Angola that includes brownfield redevelopment opportunities and significant exploration upside. Corcel marked a new country entry into Brazil through the option to acquire rights to producing gas and exploration assets, further diversifying its portfolio and enhancing its growth potential.

Corcel's Angola portfolio consists of interests in three licenses:

·      KON - 16 upon completion: operated - 80% working interest - 71.5% net to CRCL

·      KON - 11 Non-Operated - 20% working interest - 18% net to CRCL

·      KON - 12 Non-Operated - 25% working interest - 22.5% net to CRCL

Corcel's Brazil portfolio consists of the option to acquire:

·      20% interest in the IRAI gas field

·      Right-of-first refusal ("ROFR") over the remaining 80% in the IRAI field

·      ROFR for 100% of the adjacent TUC-T-172 exploration block, located in the state of Bahia, onshore Brazil

Corcel's Battery Metals portfolio consists of an 80% working interest in the Mt Weld Rare Earth Elements project in Western Australia.