Transaction in Own Shares

For immediate release

16 October 2020

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: 16 October 2020

Number of Ordinary Shares purchased: 71,941

The average price paid per Ordinary Share was 194.9399 pence

The highest price paid was 195.00 pence per share and the lowest price paid was 193.80 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 7,305,929 Ordinary Shares in treasury and has 663,406,991 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 with approximately 4,844 MW in operation in 18 countries. ContourGlobal operates a portfolio of 107 thermal and renewable power plants across Europe, Latin America, and Africa utilizing a wide range of technologies.

ENQUIRIES

Investor Relations - ContourGlobal

Alice Heathcote

Tel: +44 (0) 203 626 9077

Mob: +1 617 690 9633

[email protected]

Media - Brunswick

Charles Pretzlik/William Medvei

Tel: +44 (0) 207 404 5959

[email protected]

Schedule of Purchases

Aggregate Information

Individual Transactions

ENDS