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: 1 July 2026

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

2025 Audited Accounts Publication Date

Company Update

Kibo Energy PLC (the "Company") announces that its audited Annual Report and Financial Statements for the year ended 31 December 2025 have not been published by the deadline of 30 June 2026 required under the AIM Rules for Companies.

As previously announced, trading in the Company's securities on AIM and the JSE remains suspended. The Company is currently in advanced negotiations in respect of agreeing the terms for a proposed reverse takeover transaction and will provide a further update to the market, together with a revised timeline for the publication of its audited accounts, in due course.

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

1 July 2026

Corporate and Designated Adviser

River Group