TR-1: S tandard form for notification of major holdings

  NOTIFICATION OF MAJOR HOLDINGS

 1a. Identity of the issuer or the
underlying issuer of existing shares to Cadogan Energy Holdings plc
which voting rights are attached ii :

 1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X"
if appropriate)

 Non-UK Issuer

 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)iii:

 3. Details of person subject to the notification obligation iv

Name                                     Gauquelin des Pallieres

City and country of registered office   Abu Dhabi / United Arab Emirates
(if applicable)

 4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office
(if applicable)

 5. Date on which the threshold was     27 March 2026
crossed or reached vi :

 6. Date on which issuer notified       1 April 2026
(DD/MM/YYYY):

 7. Total positions of person(s) subject to the notification obligation

                                                                             Tot
                                                                             al
                                                                             num
                                       % of voting rights                    ber
                                       through financial                     of
                    % of voting rights instruments        Total of both in % vot
                    attached to shares                    (8.A + 8.B)        ing
                    (total of 8. A)    (total of 8.B 1 +                     rig
                                       8.B 2)                                hts
                                                                             of
                                                                             iss
                                                                             uer
                                                                             vii

Resulting situation                                                          21,
on the date on      8.700000           0                  8.700000           860
which threshold was                                                          ,58
crossed or reached                                                           2

Position of
previous            n/a                                   n/a
notification (if
applicable)

 8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached viii

 A: Voting rights attached to shares

 Class/type  Number of voting rights ix              % of voting rights
of
                                                                    Indirect(Art
shares       Direct(Art 9 of        Indirect(Art 10  Direct(Art 9  10 of
            Directive 2004/109/EC) of Directive     of Directive   Directive
ISIN code   (DTR5.1)               2004/109/EC)     2004/109/EC)   2004/109/EC)
(if                                (DTR5.2.1)       (DTR5.1)       (DTR5.2.1)
possible)

 GB00B12WC93 21860582                               8.700000%      0
8

 SUBTOTAL    21860582                               8.700000 %
8. A

 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))

             Expiration  Exercise/
 Type of                              Number of voting rights that
financial   date        Conversion   may be acquired if the         % of voting
instrument              Period       instrument is                 rights
             x                       exercised/converted.
                         xi

                         SUBTOTAL 8.
                        B 1

 B 2: Financial Instruments with similar economic effect according to Art. 13(1)
(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

            Expiration   Exercise/
 Type of                             Physical or
financial  date         Conversion  cash settlement   Number of     % of voting
instrument              Period      xii              voting rights rights
            x
                         xi

                                     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)  x
holding directly or indirectly an interest in the (underlying) issuerxiii

 Full chain of controlled undertakings through which the voting rights and/or
the

financial instruments are effectively held starting with the ultimate
controlling natural person or legal entityxiv(please add additional rows as
necessary)

                                                                              To
                                                                             tal
                                                                             of
                                                                             bot
                                                                             h
                                                                             if
                                                                             it
                                                                             equ
                                                                             als
                                           % of voting rights through        or
          % of voting rights if it equals financial instruments if it equals is
 Name xv or is higher than the notifiable or is higher than the notifiable   hig
         threshold                        threshold                          her
                                                                             tha
                                                                             n
                                                                             the
                                                                             not
                                                                             ifi
                                                                             abl
                                                                             e
                                                                             thr
                                                                             esh
                                                                             old

  10. In case of proxy voting, please identify:

 Name of the proxy holder                  n/a

 The number and % of voting rights held    n/a

 The date until which the voting rights    n/a
will be held

 11. Additional information xvi

 Place of completion Nice, France

 Date of completion  01/04/2026