For Immediate Release

28 April 2026

Upland Resources Limited

("Upland" or the "Company")

Publication of Annual Report & Audited Financial Statements

for the year ended 31 December 2025

Upland Resources Limited (LSE: UPL), the upstream oil and gas company focused on the development of high-impact assets across Southeast Asia, is pleased to announce that its annual report and audited financial statements for the year ended 31 December 2025 (the "2025 Annual Report & Financial Statements") have now been published.

A copy of the 2025 Annual Report & Financial Statements is available on the Company's website at:

https://upland.energy/financial-reports/

The 2025 Annual Report & Financial Statements will also shortly be available for viewing at the National Storage Mechanism: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

For further information, please contact:

Inside Information (UK MAR)

This announcement contains inside information for the purposes of Article 7 of the UK Market Abuse Regulation (EU) No. 596/2014, which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"). This information is disclosed in accordance with the Company's obligations under Article 17 of UK MAR.

FCA and Prospectus Disclaimer

This announcement does not constitute, and should not be construed as, a prospectus, admission document or offering memorandum, nor an offer to sell or the solicitation of an offer to buy any securities in the Company. No securities of the Company are being offered pursuant to this announcement. This announcement has not been reviewed or approved by the Financial Conduct Authority or any other regulatory authority.

Forward-Looking Statements

This announcement includes forward-looking statements, including statements relating to prospective resources, exploration and appraisal programmes, drilling plans, funding availability, farm-in arrangements, regulatory outcomes and future operations. Forward-looking statements are based on current expectations, assumptions and estimates and involve risks and uncertainties that could cause actual results or developments to differ materially from those expressed or implied.

Forward-looking statements are not guarantees of future performance. Factors that could cause actual outcomes to differ materially include, but are not limited to, licence awards, regulatory approvals, subsurface risk, commodity price volatility, operational risks, availability of capital, counterparty performance and changes in fiscal or governmental regimes. The Company undertakes no obligation to update any forward-looking statements except as required by applicable law or regulation.

END