CAP Energy PLC Commences Arbitration Proceedings with Petroguin

London, 28 October 2025 — CAP Energy PLC (“CAP Energy” or the “Company”) announces that it has formally initiated arbitration proceedings against Petroguin E.P. (“Petroguin”), the national oil company of Guinea-Bissau.

This action follows the failure of Petroguin to fulfill its obligations under the terms of the Joint Venture and Production Sharing Agreements relating to offshore oil exploration and development blocks. Despite repeated attempts by CAP Energy to resolve the dispute amicably, Petroguin has not met its contractual commitments, leaving the Company with no alternative but to seek legal redress through arbitration.

The arbitration will be conducted in accordance with the governing dispute resolution provisions of the agreements and under internationally recognized arbitration rules. CAP Energy remains committed to protecting the interests of its shareholders and ensuring the proper enforcement of its contractual rights.

Further updates will be provided as appropriate.

For further information, please contact:
Investor Relations – CAP Energy PLC
Email: [info@capenergyplc.com]
Website: [www.capenergyplc.com]