Corcel PLC Announces Successful Resolutions at General Meeting

Corcel PLC, an Angolan focused exploration and production company, has announced the results of its General Meeting (GM) held on December 8, 2023. All resolutions set out in the Notice of GM published to shareholders on November 22, 2023, were duly passed on a show of hands. The total proxy votes given to the Chair prior to the meeting were also provided. The breakdown of the votes for each resolution is as follows:

- Resolution 1: 99.94% of votes were in favor, 0.06% were against, and 6,392 votes were withheld.
- Resolution 2: 99.98% of votes were in favor, 0.02% were against, and 1,620,029 votes were withheld.
- Resolution 3: 99.91% of votes were in favor, 0.09% were against, and 1,620,154 votes were withheld.
- Resolution 4: 99.94% of votes were in favor, 0.06% were against, and 5,002,832 votes were withheld.
- Resolution 5: 99.96% of votes were in favor, 0.04% were against, and 1,571,628 votes were withheld.
- Resolution 6: 99.94% of votes were in favor, 0.06% were against, and 5,002,832 votes were withheld.
- Resolution 7: 99.94% of votes were in favor, 0.06% were against, and 5,002,832 votes were withheld.

It is important to note that a "Vote withheld" is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution. For further information, interested parties can contact Antoine Karam, the Executive Chairman of Corcel PLC, or the company's NOMAD & Broker, WH Ireland Ltd.