AGM – Updated Arrangements and Participation

88 Energy Limited

Annual General Meeting - Updated Arrangements and Participation

88 Energy Limited ("88 Energy" or the "Company", ASX:88E, AIM 88E) further announces details regarding updated arrangements for the Company's Annual General Meeting to be held on 9^th April 2020 at 10.00am Perth time.

As announced on 2^nd April 2020, due to continuing developments in relation to COVID-19, and in light of the Australian Governments ban on public gatherings as well as social distancing rules, 88 Energy will not be hosting a physical Annual General Meeting ("AGM"). This means shareholders will not be able attend the AGM this year, in person.

Specific arrangements in relation to the AGM and how members can participate are noted below;

SPECIAL ARRANGEMENTS FOR THE 2020 ANNUAL GENERAL MEETING

1.   Notice is hereby given that the Meeting will now be held at 88 Energy's offices in Perth at Level 2, 5 Ord Street, West Perth, Western Australia;

2.   Shareholders will not be able attend the AGM in person this year;

3.   The Meeting will only consist of items of business set out in the Notice of Meeting;

4.   There will be no presentation by the Company's Chairman or Managing Director; and

5.   Due to travel  and other Government restrictions and in the interests of the health and safety of shareholders, employees and the broader community only the Managing Director and the Company Secretary will attend the meeting in person, with the other Directors, Auditors and Computershare representatives attending virtually.

HOW MEMBERS CAN PARTICIPATE

1.   Members are strongly urged to appoint the Chair of the meeting as their proxy;

2.   A live webcast will be streamed using the 'Lumi' mobile application. Members are urged to read the instructions, which can be accessed at the link below, and download the Lumi application well in advance of the meeting;

3.   Members will be able to observe the meeting and have a reasonable opportunity to submit questions in relation to the business of the meeting in real time using the Lumi application. 

Online Shareholder Meeting Guide 2020 http://www.rns-pdf.londonstockexchange.com/rns/8975I_1-2020-4-6.pdf

Shareholders are reminded, that due to the changes regarding this year's AGM, all resolutions related to the meeting will be decided based on proxy votes.  Proxy votes must be received by no later than 10:00am on the 7^th of April 2020.  Lodgement instructions (which includes the ability to lodge proxies electronically) are set out in the Notice of Meeting.

88 Energy appreciates the understanding of shareholders as it navigates this rapidly evolving situation in relation to the COVID-19 virus.

This announcement has been authorised by the Board.

Media and Investor Relations:

88 Energy Ltd

Dave Wall, Managing Director                                                   Tel: +61 8 9485 0990

Email: [email protected] 

Finlay Thomson, Investor Relations                                         Tel: +44 7976 248471

Hartleys Ltd

Dale Bryan                                                                                  Tel: + 61 8 9268 2829

Cenkos Securities                                                                    Tel: + 44 131 220 6939

Neil McDonald/Derrick Lee