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')

02 May 2025

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

2024 Audited Accounts Publication Date

Kibo Energy PLC (AIM: KIBO; AltX: KBO), announces that its Financial Statements to 31 December 2024 (the "2024 Accounts") are unlikely to be published by 30 June 2025 as required by the AIM Rules.

As advised on its previous RNS of 14 April 2025, the Company is at an advanced stage in its assessment of potential projects that it is considering for acquisition under a Reverse Takeover Transaction ("RTO"). Following a project acquisition being agreed, the Company intends to access further funds under its loan facility with Aria Capital Management Limited (announced on 3 December 2024) which will, inter alia, enable audit preparation to commence in time to permit completion and publication of the 2024 Accounts.

The Company will keep the market updated with progress on its project acquisition initiatives and on any further updates to its estimated 2024 Accounts publication date.

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.

**ENDS**

For further information please visit www.kibo.energy or contact:

Beaumont Cornish Limited ('Beaumont Cornish') is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

Johannesburg

02 May 2025

Corporate and Designated Adviser

River Group