Debt Settlement and Issue of Equity

 27 March 2025

ADM Energy PLC

("ADM" or the "Company")

Debt Settlement

Issue of Equity

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company is pleased to announce, further to the announcement on 21 March 2025 and the completion of the Company's Capital Reorganisation and Subscription, that it has agreed to settle outstanding amounts owed to two employees, representing in aggregate approximately £74,800, via the issue of 73,844,333 new ordinary shares of 0.001 pence ("Ordinary Shares") at the Issue Price of 0.1 pence per new Ordinary Share ("Debt Settlement Shares") under the same terms of the Subscription.

Additionally, as detailed in the Circular announced on 3 March 2025, the Company is settling the Arrangement Fee owed to Catalyse Capital Ltd ("Catalyse") via the issue of 30,000,000 new Ordinary Shares at the Issue Price of 0.1 pence per new Ordinary Share ("Arrangement Fee Shares") (Debt Settlement Shares and Arrangement Fee Shares, together the "Admission Shares").

Admission and Total Voting Rights

Application will be made for the 103,844,333 Admission Shares to be admitted to trading on AIM which is expected to occur on or around 1 April 2025 ("Admission"). The Admission Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.

Following Admission, the Company's issued share capital will comprise 1,669,177,144 ordinary shares of 0.001 pence each. This number will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Capitalised terms in this announcement have the meaning ascribed to them in the Definitions section of the Circular. The Circular can be found on the Company's website https://admenergyplc.com/.

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

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About ADM Energy PLC

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing investment representing approximately 53.1% economic interest in OFX Technologies, LLC (www.ofxtechnologies.com) and a 9.2% profit interest in Aje Field, part of OML 113, which covers an area of 835km² offshore Nigeria. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.

Forward Looking Statements

Certain statements in this announcement are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as "believe", "could", "should", "envisage'', "estimate", "intend", "may", "plan", "potentially", "expect", "will" or the negative of those, variations or comparable expressions, including references to assumptions. These forward looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.