THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

3 July 2025

Kistos Holdings plc

("Kistos" or the "Company")

Issue of Class C Warrants and Cancellation of Class B Warrants

Kistos (LSE: KIST), an independent energy company focused on generating value across the upstream and midstream markets, announces that, further to its announcement of 2 June 2025 (RNS Number: 9010K) it has today issued 1,759,066 class C warrants exercisable into new Kistos ordinary shares at a price of 385 pence each (the "Class C Warrants") pursuant to the warrant instrument constituted by Kistos on 22 May 2023 (the "Warrant Instrument") to certain holders of the Kistos Energy (Norway) AS hybrid callable bonds 2023/2083 (ISIN: NO0012867326), which were cancelled on 2 June 2025.

In addition, and in accordance with the terms of the Warrant Instrument, Kistos has today cancelled 1,392,594 class B warrants exercisable into new Kistos ordinary shares at a price of 385 pence each (the "Class B Warrants"). 507,406 Class B Warrants remain in issue.

For the purposes of UK MAR, the person responsible for arranging the release of this announcement on behalf of Kistos is Andrew Austin, Executive Chairman.

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