Cleansing Notice

Suite 2, Ground Floor, 100 Havelock Street West Perth, W.A. 6005 info@pilotenergy.com.au https://www.pilotenergy.com.au

3 March 2026

This notice is given by Pilot Energy Limited (ASX: PGY) (Pilot or Company) under section 708A(5)(e) of the Corporation Act 2001 (Cth) (Corporations Act).

On 3 March 2026, Pilot issued 428,164,088 new securities to sophisticated, institutional and professional investors pursuant to a placement announced on 28 January 2026 without disclosure to investors under Part 6D.2 of the Corporation Act, in reliance on section 708A(5) of the Corporations Act as modified by ASIC Instrument 25-0445 (Placement Shares).

Notice under Section 708A(5)(e) of the Corporations Act.

The Company hereby gives notice that:

1. the Company issued the Placement Shares without disclosure to investors under Part 6D.2 of the Corporations Act;

2. this notice is being given under section 708A(5)(e) of the Corporations Act;

3. as at the date of this notice the Company has complied with:

   1. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   2. section 674 of the Corporations Act; and

4. as at the date of this notice, there is no information that is "excluded information" within the meaning of sections 708A(7) and 708A(8) of the Corporations Act.

This notice and its release on the ASX have been authorised by the Board of Directors of the Company. Yours faithfully

Cate Friedlander Company Secretary Pilot Energy Limited