Neo Energy Metals plc / LSE: NEO, A2X: NEO / Market: Main Market of the London Stock Exchange

6 February 2026

Neo Energy Metals plc

('Neo Energy' or 'the Company')

Update on Publication of Annual Financial Report and Suspension of Listing

The Board of Neo Energy Metals is pleased to announce that the finalisation of the Company's Annual Financial Report for the year ended 30 September 2025 is at an advanced stage. Following the confirmation of the external auditors, the Company expects to publish the Annual Financial Report during the week beginning Monday, 16 February 2026.

As stated in our RNS submitted on 2 February 2026, we notified the market about the short delay in finalising our financial results, which led to a temporary suspension of trading in the Company's ordinary shares on the Main Market of the London Stock Exchange. We would like to note that, with the upcoming release of our financial results, this suspension will have affected the Company's listing and trading for only about two weeks.

The Company anticipates that the suspension will be lifted as soon as the Annual Financial Report is published, pending the London Stock Exchange's procedures and confirmation.

We will provide further announcements once the Annual Financial Report has been published and trading has resumed.

We would like to thank our shareholders for their understanding during this challenging time. We assure you that the new management is implementing appropriate controls to prevent similar issues from occurring in the future, which have affected both the Company and our valued shareholders.

Enquiries:

Jason Brewer, Executive Chairman
[email protected]

Theo Botoulas, Chief Executive Officer

[email protected]

Faith Kinyanjui, Investor Relations

[email protected]

Michelle Krastanov, Corporate Advisor - AcaciaCap Advisors

[email protected]

Notes:
This announcement contains information which is considered to be inside information for the purposes of the UK Market Abuse Regulation. The person responsible for arranging the release of this announcement on behalf of the Company is Jason Brewer, Executive Chairman

END

About NEO Energy Metals Plc

Neo Energy Metals plc is a Uranium developer and mining company listed on the main market of the London Stock Exchange (LSE: NEO).

The company and its South African Subsidiaries, namely Neo Uranium Resources Beisa Mine (Pty) Limited and Neo Uranium Resources South Africa (Pty) Ltd have continued to strengthen the uranium portfolio through conditional agreements for the acquisitions of; 100% interest in the Beisa North and Beisa South Uranium and Gold Projects and 100% interest in the Beatrix 4 mine and shaft complex, the processing plant complex and associated infrastructure in the Witwatersrand Basin, located in the Free State Province of South Africa. The combined projects total SAMREC Code compliant resource base comprises, 117 million pounds of U₃O₈ and over 5 million ounces of gold.

Additionally, the Company holds up to a 70% stake in the Henkries Uranium Project, an advanced, low-cost mine located in South Africa's Northern Cape Province and a 100% interest in the Henkries South Uranium Project, extending the Henkries Project's strike length by 10km to a total of 46km of shallow paleo-channels proven to host uranium mineralisation through extensive drilling and feasibility studies backed by US$30 million in historic exploration and development expenditure.

The Company is led by a proven board and management team with experience in uranium and mineral project development in Southern Africa. Neo Energy's strategy focuses on an accelerated development and production approach to generate cash flow from Henkries while planning for long-term exploration and portfolio growth in the highly prospective Uranium district of Africa.

The Company's shares are also listed on the A2X Markets (A2X: NEO), an independent South African stock exchange, to expand its investor base and facilitate strategic acquisitions of uranium projects, particularly within South Africa.