2025 Full Year Results

About this update from Kistos Holdings Plc

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU, WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) (UK MAR). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.   26 June 2026       Kistos Holdings plc   ("Kistos" or "the Company")     Full-year results for the year ended 31 December 2025     Kistos (LON: KIST), an independent energy company focused on unlocking value within its existing portfolio and through value-accretive M&A, is pleased to provide its audited full-year results for the year ended 31 December 2025. A copy of the Company's full audited annual report and accounts will be made available shortly on the Company's website at www.kistosplc.com.   Post-period highlights   ·    Proforma production guidance for FY26 remains at 19,000 boepd - 21,000 boepd, with reserve additions under review following recent project announcements (including Balder Next) ·    Successfully priced a $300 million senior secured bond issue, with a 4 year tenor and a coupon of 9.875% o  Oversubscribed, attracting a broad base of institutional investors across the Nordics, the UK and other geographies. o  The Group's existing KENO01 and KENO02 bonds have now been called for repayment ·    Strong operational performance and unhedged commodity exposure have driven a significant cash build, with approximately $209 million of cash as at 31 May 2026, increasing to approximately $268 million on a near-cash basis, including restricted cash, Oman acquisition deposits of $8 million and a tax receivable due in December 2026 of $32 million   2026 Year Outlook   ·    Acquisition of interests in Blocks 3 & 4 and Block 9 onshore Oman, adding 25.6 mmboe (operator's estimates) of 2P reserves net to Kistos (as at 1 January 2025). Ministerial approvals received for Blocks 3 & 4, awaiting publication of the Royal Decree, and Block 9 completion subject to outstanding ministerial approval ·    Exploring further value-accretive M&A, with several identified opportunities across MENA and Europe currently under evaluation ·  &nb...

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