RNS Number : 5367KAscent Resources PLC22 December 2022

22 December 2022

Ascent Resources plc

("Ascent" or the "Company")

Director Appointment

Ascent Resources Plc (LON: AST), theonshore Hispanic American and European focussed energy and natural resources company, is pleased to announce, further to the announcement on 1 December 2022, the appointment of Marco Fumagalli, to the Board as a Non-Executive Director with immediate effect.

Marco is a Founding Partner at Continental Investment Partners SA, a Swiss-based investment fund and a well-known Italian businessman and industrial investor who was previously a group partner at 3i. He is a qualified accountant and holds a degree in business administration from Bocconi University in Milan and has many years' experience as an AIM company director. On appointment, Marco will become Chairman of the Audit Committee.

Enquiries:

Ascent Resources plc

Andrew Dennan

Via Vigo Communications

WH Ireland, Nominated Adviser & Broker

James Joyce / Sarah Mather

0207 220 1666

Novum Securities, Joint Broker

Jon Belliss

0207 399 9400

The following information is disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies in connection with the appointment of Marco Fumagalli, aged 52, to the Board of the Company:

Current directorships

Past directorships held within the last five years

Echo Energy plc

CIP Management SA

Coro Energy plc

Ministerium Capital SA

Sound Energy plc

Nemo Capital SA

C4 Energy Limited

Protea Capital SA

Goldfinch SA

Corin Group plc

IVY Merchant Capital Ltd

Corin Orthopaedics Holdings Ltd

Merchant Capital Manager Ltd

Ecommerce Outsourcing Srl

P101 SGR SpA

Programma 101 SICAF SpA

Sourcebio International Plc

There are no other matters under paragraph (g) of Schedule 2 of the AIM Rules to be disclosed.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. ENDBOAUARWRURUUUAA

==