Result of AGM

1.

To receive and adopt  the accounts and reports for the financial year ended 31 December 2022.

43,096,106

99.66

145,065

0.34

31,499

2.

To appoint Crowe UK LLP as auditors of the Company and to authorise the directors to determine their remuneration

43,092,221

99.63

158,950

0.37

21,499

3.

To re-elect Mr Paulus Fillippus Venter as a Director of the Company

42,982,221

99.61

168,950

0.39

121,499

4.

THAT the Directors be, and they are hereby generally and unconditionally authorised to exercise all powers of the Company to allot relevant securities

43,046,451

99.53

204,720

0.47

21,499

5.

THAT the Directors be, and they are hereby empowered pursuant to Section 570 of the Act to allot equity securities

43,036,451

99.53

204,720

0.47

31,499

* The full text of the Resolutions can be found on the Notice of AGM https://med.energy/wp-content/uploads/2022/04/MED-2023-Notice-of-AGM-Final.pdf

Pieter Krügel

[email protected]

Mast Energy Developments PLC

CEO

Jon Belliss

+44 (0)20 7399 9425

Novum Securities

Corporate Broker

Zainab Slemang van Rijmenant

[email protected]

Lifa Communications

Investor & Media Relations Advisor