11 August 2025

SIMEC Atlantis Energy Limited

("SAE", the "Company" or, together with its subsidiaries, the "Group")

Block Listing Application

SAE announces that an application has been made for the block admission of 23,805,797 ordinary shares of no par value in the Company ("Ordinary Shares"), which will be issued from time to time within the rules of the Company's long term incentive scheme, the SIMEC Atlantis Energy Limited 2023 Long Term Incentive Plan (the "Incentive Plan").

When issued, the new Ordinary Shares will rank pari passu in all respects with the existing issued Ordinary Shares of the Company and it is expected that admission will become effective on or around 12 August 2025.

For further information, please contact:

Notes to Editors

SAE is a global developer, owner and operator of sustainable energy projects. SAE owns the world's flagship tidal stream project, MeyGen, and the Uskmouth Power Station site, that is being repurposed into a sustainable energy park that will become one of the UK's largest battery energy storage sites. https://www.saerenewables.com/

SAE recently released a video animation highlighting the scale and benefits of the USEP site. This can be viewed here

SAE's strategy: "Building a Sustainable Future to 2035", can be viewed here

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