ASX Price Query

NEWS RELEASE | 13 October 2026

ASX Price Query

Berkeley Energia Limited (Berkeley or the Company) advises that it has provided the following response to the Australian Securities Exchange (ASX) in relation to a query received from ASX regarding recent trading in the Company's securities.

To view the announcement in full, please refer to:

https://app.sharelinktechnologies.com/announcement/asx/22dc6c181563170a6d919ec73b288361 

For further information please contact:

Robert Behets Francisco Bellón

Executive Director Chief Operations Officer

+61 8 9322 6322 +34 923 193 903

[email protected]

13 October 2026

Laura Gomme

Australia Securities Exchange

Level 40, Central Park

152-158 St Georges terrace

Perth WA 6000

By email: [email protected]

[email protected]

Dear Laura,

Response to Price and Volume Query

In response to your correspondence dated 13 October 2026 regarding an increase in the Company's share price and in the volume of trading securities, the Company's response is as follows:

1. The Company is not aware of any information that has not been announced which, if known, could be an explanation for recent trading in the securities of the Company.

2. Not applicable.

3. The Company notes that on 5 October 2026, the Spanish Prime Minister announced that Spain would hold an early general election on 29 November 2026, bringing forward the election previously scheduled for 2027.

4. The Company confirms that it is in compliance with the ASX Listing Rules, in particular, Listing Rule 3.1.

5. The Company confirms that its responses to the questions above have been authorised and approved in accordance with its published continuous disclosure policy or otherwise by its board or an officer of the Company with delegated authority from the board to respond to ASX on disclosure matters.

Yours faithfully

[sent electronically without signature]

Dylan Browne

Company Secretary