Notice of GM

Corcel PLC

("Corcel" or the "Company")

NOTICE OF GENERAL MEETING

18 July 2025

Corcel Plc (London AIM: CRCL), the Angola-Brazil-focused energy company, announces that, further to the Company's announcement on 15 July 2025, a circular including a Notice convening a General Meeting (GM) of the Company has been mailed to shareholders today and is available on the Company's website www.corcelplc.com.

The GM is to be held on Tuesday, 5 August 2025 at 10:00a.m. at Landmark, 3 Orchard Place, London SW1H 0BF.

At the GM, resolutions will be proposed to enable the Company complete the Fundraising and issue the Placing Shares, and to renew routine authorities to issue shares.

Capitalised terms in this announcement shall have the same meaning ascribed in the announcement made on 15 July 2025 unless the context requires otherwise

For further information, please contact:

Scott Gilbert

Corcel Plc, CEO & Director

[email protected]

James Joyce / James Bavister / Andrew de Andrade

Zeus, NOMAD & Broker

020 3829 5000

Jonathan Wright / Rupert Holdsworth Hunt

Auctus Advisors LLP, Joint Broker

07711 627449

Patrick d'Ancona

Vigo Consulting Limited, IR

0207 3900 230

About Corcel

Corcel has a notable oil and gas portfolio in onshore Angola that includes brownfield redevelopment opportunities and significant exploration upside. Corcel marked a new country entry into Brazil through the option to acquire rights to producing gas and exploration assets, further diversifying its portfolio and enhancing its growth potential.

Corcel's Angola portfolio consists of interests in three licenses:

· KON - 16 upon completion: operated - 80% working interest - 71.5% net to CRCL

· KON - 11 Non-Operated - 20% working interest - 18% net to CRCL

· KON - 12 Non-Operated - 25% working interest - 22.5% net to CRCL

Corcel's Brazil portfolio consists of the option to acquire:

· 20% interest in the IRAI gas field

· Right-of-first refusal ("ROFR") over the remaining 80% in the IRAI field

· ROFR for 100% of the adjacent TUC-T-172 exploration block, located in the state of Bahia, onshore Brazil

Corcel's Battery Metals portfolio consists of an 80% working interest in the Mt Weld Rare Earth Elements project in Western Australia.