Statement re Share Price Movement

Contango Holdings Plc / Index: LSE / Epic: CGO / Sector: Natural Resources

10 June 2026

Contango Holdings Plc

('Contango' or the 'Company')

Share Price Movement

The board of Contango Holdings Plc notes the recent fall in share price. The directors of the Company can confirm they are not aware of any reason for the recent fall in the share price.

The Company continues to work with its advisers and consult with the Takeover Panel regarding the publication of the circular to obtain a waiver of Rule 9 of the Takeover Code ("Circular") with respect to the Proposed Subscription of £5,000,000 at 1.11p with the Strategic Investors ("Subscription") as announced by RNS of 13 February 2026. The Board can confirm that all prior details published regarding the Subscription remain the same and will update the market in due course once the Company may publish the Circular.

For further information, please visit www.contango-holdings-plc.co.uk or contact: