Angus Energy : Board Changes

4 October 2022

Angus Energy Plc

("Angus Energy", "Angus" or the "Company")

Board Changes

Angus Energy (AIM: ANGS) is pleased to announce that, further to the announcement of 2 September 2022, Krzysztof Zielicki has now joined the Board of the Company as a Non-Execu ve Director. Krzysztof brings over 40 years of experience in the oil and gas industry. He has held leading roles for several Energy Majors, including BP and Rosne , where he was Vice President for M&A and Strategy. He brings a wealth of technical, commercial and managerial experience as Angus enters the next phase of its growth strategy and has recently been appointed a Non-Execu ve Director of AIM traded SDX Energy Plc.

Krzys replaces Cameron Buchanan, who departs today, as Independent Non-Execu ve Director on the Board. Cameron took the role of Non-Execu ve Director at IPO in 2016 and has been a faithful and reliable Non- Execu ve Director throughout this period, stepping in on occasion to take the role of Ac ng Chairman. We have all enjoyed working with Cameron and we wish him well in the future.

George Lucan, CEO Angus, writes: ""I am delighted to be bringing on board Krzysztof into our team, as we enter the next stage of our growth strategy. He brings a pool of skill and exper se that will assist with the transforma on of Angus from a small cap into a major player in the produc on and storage of hydrocarbons, as we work on the expansion of exis ng produc on and the evalua on of Saltleetby for strategic gas storage."

Krzysztof Zielicki, writes: "I am delighted to join the team. I look forward to helping George and the Board implement and execute their vision to transform Angus into a Major hydrocarbon producer and storage owner, through organic growth and strategic acquisi ons. I am also very excited to leverage on my past experiences and network to further Angus's energy transi on goals to develop and fund the company's geothermal por olio."

Other than as disclosed below, there are no further disclosures to be made in accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies:

Krzysztof Antoni Zielicki (aged 64) is or has during the last five years been a director or partner of the following companies and partnerships:

Krztsztof Zielicki does not hold any Ordinary Shares of the Company's issued share capital.

END.

Notes

About Angus Energy plc

Angus Energy plc is a UK AIM quoted independent onshore Energy Transi on company with a complementary por olio of clean gas development assets, onshore geothermal projects, and legacy oil producing fields. Angus is focused on becoming a leading onshore UK diversified clean energy and energy infrastructure company. Angus Energy has a 100% interest in the Sal leetby Gas Field (PEDL005), majority owns and operates conven onal oil produc on fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244). Angus Energy operates all fields in which it has an interest.

Important No ces

This announcement contains 'forward-looking statements' concerning the Company that are subject to risks and uncertain es. Generally, the words 'will', 'may', 'should', 'con nue', 'believes', 'targets', 'plans', 'expects', 'aims', 'intends', 'an cipates' or similar expressions or nega ves thereof iden fy forward-looking statements. These forward-looking statements involve risks and uncertain es that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertain es relate to factors that are beyond the Company's ability to control or es mate precisely. The Company cannot give any assurance that such forward-looking statements will prove to have been correct. The reader is cau oned not to place undue reliance on these forward-looking statements, which speak only as of the date of this announcement. The Company does not undertake any obliga on to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new informa on, future events or otherwise, except to the extent legally required.

Nothing contained herein shall be deemed to be a forecast, projec on or es mate of the future financial performance of the Company.