Change of Auditor

28^th February 2023

This announcement contains inside information as defined under the Market Abuse Regulations n. 596/2014

Cadogan Energy Solutions Plc

(“Cadogan” or the “Company”)

Change of Auditor

Cadogan Energy Solutions plc (“Cadogan”), the London Stock Exchange listed independent energy company is pleased to announce the appointment of Moore Kingston Smith LLP ("MKS") as auditor to the Company. The appointment of MKS will be subject to approval by shareholders at the next Annual General Meeting of the Company.

The appointment of MKS follows the resignation of Grant Thornton who has confirmed to the Company that there are no circumstances connected with its resignation which it considers should be brought to the attention of the members or creditors of the Company.

ENDS

About

Cadogan is an independent, energy company, which operates an exploration and production license in Western Ukraine, conducts gas trading operations, and provides services to E&P companies. The aim of the Company is to be a diversified energy group making investments offering energy solutions and alternative services with a lower environmental impact.

For further information, please contact:

Cadogan Energy Solutions plc
Fady Khallouf    Chief Executive Officer  [e-mail]
Ben Harber   Company Secretary   [phone]