Corporate update

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Caspian Sunrise PLC

("Caspian Sunrise" or the "Company" and together with its subsidiaries, the "Group")

Corporate update

Completion of the transfer of the MJF and South Yelemes structures

The Directors of Caspian Sunrise are pleased to confirm that the sale of the entity created to transfer the BNG shallow MJF and South Yelemes structures has completed, with the full $69.1 million due to date received.

Of the remaining $18.9 million, $5.1million is due to be received in 12 monthly instalments commencing in Q1 2026 and $13.8 million is due to be paid direct by the new owners of the MJF and South Yelemes structures to the Kazakh authorities reducing the Caspian Sunrise Group's historic costs obligations.

Publication of the 2024 audited accounts and resumption of trading

The board expects to publish the 2024 audited accounts in the next few weeks, following which the suspension of trading in the Company's shares is expected to be lifted.

Contacts:

   James Bavister

   Andrew de Andrade

This announcement has been posted to:

www.caspiansunrise.com/investors

The person responsible for arranging the release of this announcement on behalf of the Company is Clive Carver, Chairman of the Company.

This announcement has been posted to:

www.caspiansunrise.com/investors