THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

 Energean plc

("Energean" or the "Company")

Maiden Dividend Announcement

London, 8 September 2022 - Energean plc (LSE: ENOG, TASE: אנאג) is pleased to announce that Board has declared its maiden quarterly (Q2) dividend of 30 US cents per share, underpinned by the strong cash flows generated by the ex-Edison assets during the first half of the year.

Key dates related to the declared dividend include:

For London Stock Exchange:

Ex-dividend Date:                                                             15 September 2022

Record Date:                                                                      16 September 2022

Payment Date[1]:                                                              30 September 2022

Currency:                                                                            US Dollars

For Tel Aviv Stock Exchange:

Record Date:                                                                      16 September 2022

Ex-dividend Date:                                                              18 September 2022

Payment Date¹:                                                                 30 September 2022

Currency:                                                                            US Dollars

Inside Information

Some of the information contained within this announcement is considered by Energean to constitute inside information, as defined under the EU Market Abuse Regulation, EU No.596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018. By the publication of this Announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. The person responsible for arranging for the release of this announcement on behalf of Energean is Eleftheria Kotsana, Company Secretary.

Enquiries

For capital markets: [email protected]

Kate Sloan, Head of IR and ECM                                                                           Tel: +44 7917 608 645

For media: [email protected]

Paddy Blewer, Head of Corporate Communications                                           Tel: +44 7765 250 857

Forward looking statements

This announcement contains statements that are, or are deemed to be, forward-looking statements. In some instances, forward-looking statements can be identified by the use of terms such as "projects", "forecasts", "on track", "anticipates", "expects", "believes", "intends", "may", "will", or "should" or, in each case, their negative or other variations or comparable terminology. Forward-looking statements are subject to a number of known and unknown risks and uncertainties that may cause actual results and events to differ materially from those expressed in or implied by such forward-looking statements, including, but not limited to: general economic and business conditions; demand for the Company's products and services; competitive factors in the industries in which the Company operates; exchange rate fluctuations; legislative, fiscal and regulatory developments; political risks; terrorism, acts of war and pandemics; changes in law and legal interpretations; and the impact of technological change. Forward-looking statements speak only as of the date of such statements and, except as required by applicable law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The information contained in this announcement is subject to change without notice.