Issue of shares

Caspian Sunrise PLC

("Caspian Sunrise" or the "Company")

Issue of shares

The Board of Caspian Sunrise is pleased to confirm that a total of 2,121,210 new ordinary Caspian Sunrise PLC shares have been issued credited as fully paid in respect of bonus payments to non-board members based on an issue price of 5p per share.

Application will be made for the New Shares to be admitted to trading on AIM, which is expected to occur on or around 5 December 2025 ("Admission"). The New Shares will rank pari passu in all respects with the Company's existing ordinary shares currently traded on AIM.

Following Admission, the Company's issued share capital will comprise 2,356,306,042 ordinary shares of 1 pence each. This number will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Contacts:

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