Transaction in Own Shares

For immediate release

1 February 2021

ContourGlobal plc ("ContourGlobal" or the "Company")

Transaction in own shares

Following the announcement of a share buy-back programme made by ContourGlobal on 1 April 2020, the Company announces that, through Investec plc, it purchased ordinary shares of £0.01 each ("Ordinary Shares") in the capital of the Company as follows:

Date of purchase: 1 February 2021

Number of Ordinary Shares purchased: 86,845

The average price paid per Ordinary Share was 200.047 pence

The highest price paid was 200.25 pence per share and the lowest price paid was 199.00 pence per share.

This represents 0.01% of the issued share capital of the Company (excluding treasury shares).

The Ordinary Shares purchased will be held in treasury. Following the above transaction, the Company holds 13,750,657 Ordinary Shares in treasury and has 656,962,263 Ordinary Shares in issue (excluding treasury shares).

Further detail regarding the purchases is set out below.

About ContourGlobal

ContourGlobal is listed on the premium segment of the London Stock Exchange (TKR: GLO). ContourGlobal is an international owner and operator of contracted wholesale power generation businesses. Pro-forma for the recently announced acquisition of Western Generation, it owns and operates approximately 6,345 MW in 119 power plants in 20 countries and four continents.

ENQUIRIES

Investor Relations - ContourGlobal

Alice Heathcote

Tel: +44 (0) 203 626 9077

[email protected]

Media - Brunswick

Charles Pretzlik/William Medvei

Tel: +44 (0) 207 404 5959

[email protected]

Schedule of Purchase

Aggregate Information

Individual Transactions

ENDS