Grant of Options

About this update from Helix Exploration Plc

17 July 2026   Helix Exploration PLC   ("Helix" or the "Company")   Grant of Options   Helix Exploration (AIM: HEX, OTCQB: HEXFF) , the US based helium producer, announces the grant of share options over 8,550,000 ordinary shares of 1 pence each ("Ordinary Shares") to Directors and a consultant, as set out below, in line with the Company's management incentive strategy and to recognise the milestones that the Company has achieved in the previous 18 months. The grants remain in line with the Company's share option plan implemented at IPO.   Schedule of Options   DIRECTOR/PDMR ROLE DATE OF GRANT NO. OPTIONS EXERCISE PRICE VESTING EXPIRY DATE Bo Sears Chief Executive Officer 17 July 2026 2,750,000 £0.22 Note 1 16 July 2031 Ryan Neates Chief Financial Officer 17 July 2026 1,100,000 £0.22 Note 2 16 July 2031 Gregg Peters Non-Executive Director 17 July 2026 750,000 £0.22 Note 1 16 July 2031 Keith Spickelmier Non-Executive Chairman 17 July 2026 2,750,000 £0.22 Note 1 16 July 2031 CONSULTANTS Consultant Business Development 17 July 2026 200,000 £0.22 Note 1 16 July 2031 Consultant Business Development 17 July 2026 1,000,000 £0.22 Note 3 16 July 2031   Notes   Note 1: 50% of these options vest on the grant date and 50% vest on the first anniversary of grant.   Note 2: Vest on grant date.   Note 3: These options vest in line with the following share price hurdles: ·    333,333 - Share price trading above £0.35 for 20 consecutive days ·    333,333 - Share price trading above £0.45 for 20 consecutive days ·    333,334 - Share price trading above £0.55 for 20 consecutive days     This announcement contains inside information for the purposes of the UK Market Abuse Regulation, and the Directors of the Company are responsible for the release of this announcement.   Enquiries   Helix Exploration Bo Sears Keith Spickelmier [email protected] Cairn - Nominated Adviser Liam Murray +44 (0)20 7213 0880 Ludovico Lazzaretti James Western   Hannam & Partners - Broker Neil Passmore +44 (0)20 7907 8502 Leif Powis Vigo Consulting - IR / PR Ben Simons 44 (0)20 7390 0234 Patrick d'Ancona [email protected]     Notes to Editors   Helix is a Montana-focused helium producer, listed on the London Stock Exchange. Its flagship Rudyard Project has rapidly evolved into Montana's first producing helium field.   Rudyard hosts three stacked helium-bearing reservoirs within a proven geological setting, with an initial four wells delivering commercial helium flow rates.   Production commenced in February 2026 through an on-site PSA processing facility, supported by established infrastructure and a helium sales agreement with a major industrial gases group.   The project benefits from shallow reservoir depths, low development costs, negligible hydrocarbons or CO₂, and significant expansion potential.   In July 2026, Helix completed the acquisition of the Keyes Helium Complex in Oklahoma which resulted in Helix becoming an independent helium producer that also controls liquefaction, enabling the Company to capture the full margin from wellhead to liquid delivery.   Follow us on social media:   LinkedIn: https://www.linkedin.com/company/helixexploration X: https://x.com/HelixExp   Subscribe to our news alert service: https://helixexploration.com/investors/regulatory-news-alerts/     APPENDIX   1 Details of the person discharging managerial responsibilities/person closely associated a. Name Bo Sears 2 Reason for notification   a. Position/Status Chief Executive Officer b. Initial notification/ Amendment Initial 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a. Name HELIX EXPLORATION PLC b. LEI 213800WGIUCDVNLJ9G76 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a. Description of the financial instrument, type of instrument Identification Code Ordinary Shares of 1p each   ISIN: GB00BPK66X70 b. Nature of the transaction Grant of Options c. Price(s) and volume(s)   Price(s) Volume(s)  22 p 2,750,000 d. Aggregated information - Aggregated Volume - Price   As above e. Date of the transaction 17 July 2026 f. Place of the transaction Off market     1 Details of the person discharging managerial responsibilities/person closely associated a. Name Ryan Neates 2 Reason for notification   a. Position/Status Chief Financial Officer b. Initial notification/ Amendment Initial 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a. Name HELIX EXPLORATION PLC b. LEI 213800WGIUCDVNLJ9G76 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a. Description of the financial instrument, type of instrument Identification Code Ordinary Shares of 1p each   ISIN: GB00BPK66X70 b. Nature of the transaction Grant of Options c. Price(s) and volume(s)   Price(s) Volume(s) 22 p 1,100,000 d. Aggregated information - Aggregated Volume - Price   As above e. Date of the transaction 17 July 2026 f. Place of the transaction Off market     1 Details of the person discharging managerial responsibilities/person closely associated a. Name Gregg Peters 2 Reason for notification   a. Position/Status Non-Executive Director b. Initial notification/ Amendment Initial 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a. Name HELIX EXPLORATION PLC b. LEI 213800WGIUCDVNLJ9G76 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a. Description of the financial instrument, type of instrument Identification Code Ordinary Shares of 1p each   ISIN: GB00BPK66X70 b. Nature of the transaction Grant of Options c. Price(s) and volume(s)   Price(s) Volume(s) 22 p 750,000 d. Aggregated information - Aggregated Volume - Price   As above e. Date of the transaction 17 July 2026 f. Place of the transaction Off market     1 Details of the person discharging managerial responsibilities/person closely associated a. Name Keith Spickelmier 2 Reason for notification   a. Position/Status Non-Executive Chairman b. Initial notification/ Amendment Initial 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a. Name HELIX EXPLORATION PLC b. LEI 213800WGIUCDVNLJ9G76 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a. Description of the financial instrument, type of instrument Identification Code Ordinary Shares of 1p each   ISIN: GB00BPK66X70 b. Nature of the transaction Grant of Options c. Price(s) and volume(s)   Price(s) Volume(s)  22 p 2,750,000 d. Aggregated information - Aggregated Volume - Price   As above e. Date of the transaction 17 July 2026 f. Place of the transaction Off market  

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