TR-1: Standard form for notification of major holdings Kibo Energy PLC (Incorporated in Ireland) (Registration Number: 451931) (External registration number: 2011/007371/10) Share code on the JSE Limited: KBO Share code on the AIM: KIBO ISIN: IE00B97C0C31 ("Kibo" or "the Company") 18 August 2022 TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Kibo Energy PLC 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) Non-UK issuer X 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Details of person subject to the notification obligation Name Charlemont Capital Investments société à responsabilité limitée City and country of registered office (if applicable) Luxembourg 4. Full name of shareholder(s) (if different from 3.) Name City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached: 18 August 2022 6. Date on which issuer notified (DD/MM/YYYY): 18 August 2022 7. Total positions of person(s) subject to the notification obligation % of voting rights Total number of % of voting rights through financial in- Total of both in % voting rights held attached to shares struments (total of (8.A + 8.B) in issuer (8.A + (total of 8. A) 8.B 1 + 8.B 2) 8.B) Resulting situation on the date on which threshold 4.00 - 4.00 3,039,197,458 was crossed or reached Position of previ- ous notification (if 3.02 - 3.02 applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached A: Voting rights attached to shares Number of voting rights % of voting rights Class/type of Direct Indirect Direct Indirect shares ISIN code (if (DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1) possible) Ordinary Shares of €0.001 each 121,600,000 4.00% = IE00B97C0C31 121,600,000 SUBTOTAL 8. A 4.00% B 1: Financial Instruments according to DTR5.3.1R (1) (a) Number of voting rights that may be ac- Type of financial Expira- Exercise/ Conversion % of voting quired if the instru- instrument tion date Period rights ment is exercised/con- verted. SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) Physical or Type of finan- Expiration Exercise/ Con- Number of % of voting cash Settle- cial instrument date version Period voting rights rights ment SUBTOTAL 8.B.2 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (under- lying) issuer Full chain of controlled undertakings through which the voting rights and/or the financial instru- ments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) % of voting rights % of voting rights if it through financial in- Total of both if it Name equals or is higher than struments if it equals equals or is higher than the notifiable threshold or is higher than the the notifiable threshold notifiable threshold 10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional information Place of completion Luxembourg Date of completion 18 August 2022 For further information please visit www.kibo.energy or contact: Louis Coetzee info@kibo.energy Kibo Energy PLC Chief Executive Officer Andreas Lianos +357 99 53 1107 River Group JSE Corporate and Designated Adviser Claire Noyce +44 (0) 20 3764 2341 Hybridan LLP Joint Broker Damon Heath +44 207 186 9952 Shard Capital Partners LLP Joint Broker Bhavesh Patel / Stephen Allen +44 20 3440 6800 RFC Ambrian Ltd NOMAD on AIM Zainab Slemang van Rijmenant zainab@lifacommunications.co.za Lifa Communications Investor and Media Relations Consultant Johannesburg 18 August 2022 Corporate and Designated Adviser River Group Date: 18-08-2022 03:10:00 Produced by the JSE SENS Department. 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