Kibo Energy PLC (Incorporated in Ireland)

(Registration Number: 451931)

(External registration number: 2011/007371/10)

LEI Code: 635400WTCRIZB6TVGZ23

Share code on the JSE Limited: KBO

Share code on the AIM: KIBO

ISIN: IE00B97C0C31

('Kibo' or 'the Company')

Dated: 23 December 2024

Kibo Energy PLC ('Kibo' or the 'Company')

Dematerialisation of Shares

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company, notifies shareholders that, as a result of EU regulations, effective from 1 January 2025, share certificates will no longer be issued or represent evidence of title. Entries on the Register of Members will be recorded electronically solely in dematerialised form by book entry. Whilst paper share certificates will no longer be valid, there will be no change in the number of shares which a shareholder holds as a result of dematerialisation. Kibo  Shareholders holding share certificates will not need to take any action to effect the dematerialization of your shareholding. This will be processed automatically on 1 January 2025 by our registrar (Link Registrars Limited ("Link").

For further details please see the attached link on the Kibo website https://kibo.energy/wp-content/uploads/Kibo-Share-Certificate-Dematerialisation-Notice-6-Dec-2024.pdf

Johannesburg

23 December 2024

Corporate and Designated Adviser

River Group