Result of AGM

About this update from Prospex Energy Plc

Prospex Energy plc / Index: AIM / Epic: PXEN / Sector: Oil and Gas   25 June 2025   Prospex Energy plc ("Prospex" or the "Company")   Result of Annual General Meeting Prospex Energy PLC (AIM: PXEN), the AIM quoted investment company focused on European gas and power projects, is pleased to announce that all resolutions proposed to shareholders at the Company's AGM held earlier today were duly passed.   The total number of votes received on each resolution is as follows:   Resolutions Votes for % Votes against % Votes total Votes withheld* Ordinary Resolution 1 223,268,728 99.63% 835,162 0.37% 224,159,090 2,568,572 Ordinary Resolution 2 220,972,790 99.18% 1,824,687 0.82% 222,852,677 3,874,985 Ordinary Resolution 3 139,601,697 62.21% 84,849,653 37.79% 224,506,550 2,221,112 Ordinary Resolution 4 221,737,738 99.62% 844,962 0.38% 222,637,900 4,089,762 Ordinary Resolution 5 220,666,328 99.42% 1,297,785 0.58% 222,019,313 4,708,349 Ordinary Resolution 6 132,474,170 59.65% 89,648,270 40.35% 222,177,640 4,550,022 Special Resolution 7 219,914,987 98.99% 2,237,740 1.01% 222,207,927 4,519,735   *A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "For" or "Against" any of the resolutions.   The Company has an active and ongoing dialogue with its shareholders and is mindful of the number of votes cast against resolutions 3 and 6 and will therefore continue to engage with shareholders on the forward plans for the company.     * * ENDS * *   For further information visit www.prospex.energy or contact the following:   Mark Routh Prospex Energy PLC Tel: +44 (0) 20 7236 1177 Ritchie Balmer Rory Murphy Strand Hanson Limited Tel: +44 (0) 20 7409 3494 Andrew Monk (Corporate Broking) Andrew Raca (Corporate Finance) VSA Capital Limited Tel: +44 (0) 20 3005 5000 Neil Passmore Leif Powis Hannam & Partners Tel: +44 (0) 20 7907 8500 Ana Ribeiro / Charlotte Page St Brides Partners Limited  Tel: +44 (0) 20 7236 1177   Notes Prospex Energy PLC is an AIM quoted investment company focussed on high impact onshore and shallow offshore European opportunities with short timelines to production.  The Company's strategy is to acquire undervalued projects with multiple, tangible value trigger points that can be realised within 12 months of acquisition and then applying low-cost re-evaluation techniques to identify and de-risk prospects.  The Company will rapidly scale up gas production in the short term to generate internal revenues that can then be deployed to develop the asset base and increase production further.    

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