Transaction in Own Shares

For immediate release

24 December 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: 24 December 2020

Number of Ordinary Shares purchased: 17,133

The average price paid per Ordinary Share was 205.6651 pence

The highest price paid was 207.00 pence per share and the lowest price paid was 203.50 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 12,064,621 Ordinary Shares in treasury and has 658,648,299 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 6,307 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