Result of Placing and Total Voting Rights

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR NEW ZEALAND OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN ACTIVE ENERGY GROUP PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF ACTIVE ENERGY GROUP PLC OR ANY OTHER ENTITY.

THE CONTENT OF THIS ANNOUNCEMENT HAS NOT BEEN APPROVED BY AN AUTHORISED PERSON WITHIN THE MEANING OF THE FINANCIAL SERVICES AND MARKETS ACT 2000. RELIANCE ON THIS ANNOUNCEMENT FOR THE PURPOSE OF ENGAGING IN ANY INVESTMENT ACTIVITY MAY EXPOSE AN INDIVIDUAL TO A SIGNIFICANT RISK OF LOSING ALL OF THE PROPERTY OR OTHER ASSETS INVESTED.

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF THE DOMESTIC LAW OF THE UNITED KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED) ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA THE REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

30 April 2026

Active Energy Group plc

("Active Energy", the "Company" or the "Group")

Result of Placing and Total Voting Rights

Active Energy (AIM: AEG, OTCQB: ATGVF), an alternative energy company focused on the deployment of renewable infrastructure and the integration of advanced digital technologies, announces that, further to the announcement at 5:01 p.m. on 30 April 2026 (the "Announcement"), it has conditionally completed and closed the Placing to raise gross proceeds of £1.3 million (before expenses). The Placing was covered by a limited number of very supportive investors.

The Placing Price of 0.0825 pence represents a discount of 23 per cent. to the closing middle market price of 0.1075 pence per Ordinary Shares on 29 April 2026, being the last business day prior to the announcement of the Placing.

Zeus Capital Limited acted as Bookrunner for and on behalf of the Company in respect of the Placing. The Placing was undertaken through an accelerated bookbuild process.

The Placing has conditionally raised gross proceeds of £1.3 million through the placing of 1,575,757,576 Placing Shares to certain institutional and other investors.

Related Party Transaction

John Story is a substantial shareholder of AEG and has agreed to subscribe for 606,060,600 Ordinary Shares in the Placing. Accordingly, John Story's participation in the Placing is classified as a related party transaction pursuant to the AIM Rules for Companies. The Directors of AEG (all of which are independent of the Transaction) having consulted with Zeus, the Nominated Adviser for AEG, consider that the terms of John Story's participation in the Placing are fair and reasonable insofar as the AEG shareholders are concerned.

Admission

Application will be made to the London Stock Exchange for admission of the 1,575,757,576 Placing Shares to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings in the Placing Shares will commence at 8.00 a.m. on 8 May 2026.

Following the Admission, the Company's issued ordinary share capital will comprise 6,801,240,360 Ordinary Shares, with no shares held in treasury. Therefore, the number of total voting rights in the Company will be 6,801,240,360, and this figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the voting rights of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Capitalised terms used but not defined in this announcement have the meanings given to them in the Company's announcement released at 5.01 p.m. on 30 April 2026 in respect of the Placing unless the context provides otherwise.

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