Result of Annual General Meeting

Serica Energy PLC

21 May 2026

 

21 May 2026

Serica Energy plc

('Serica' or 'the Company')

Result of Annual General Meeting

Serica Energy plc (AIM: SQZ),  announces that the resolutions put to Shareholders at the Annual General Meeting ('AGM') of the Company held earlier today were duly passed.

The results of the AGM were determined by way of a poll and the results were as follows:

Resolutions	For	%	Against	%	Withheld1
1	257,069,375	99.99%	3,482	0.01%	86,768
2	253,434,748	98.58%	3,649,747	1.42%	75,130
3	257,060,568	99.97%	67,208	0.03%	31,849
4	257,060,161	99.97%	76,607	0.03%	22,857
5	245,320,534	95.41%	11,804,059	4.59%	35,029
6	256,391,008	99.71%	733,585	0.29%	35,029
7	255,369,140	99.32%	1,754,720	0.68%	35,762
8	251,165,925	97.68%	5,958,286	2.32%	35,414
9	256,765,513	99.86%	358,898	0.14%	35,214
10	240,384,850	96.50%	8,716,488	3.50%	8,058,287
11	256,531,505	99.85%	377,081	0.15%	251,039
12	255,777,272	99.48%	1,346,939	0.52%	35,414
13	246,390,495	98.91%	2,710,643	1.09%	8,058,487
14	257,042,399	99.96%	105,663	0.04%	11,563
15	238,695,586	92.83%	18,442,122	7.17%	21,917
16	235,797,478	91.70%	21,342,725	8.30%	19,422
17	233,354,449	90.75%	23,785,754	9.25%	19,422
18	256,686,338	99.88%	301,955	0.12%	171,332
19	256,678,836	99.84%	421,525	0.16%	59,264

1. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.

As a reminder, Serica will host a Capital Markets Day on 2 June 2026 at 1000 BST, at which details will be given on planned organic growth projects.  Serica will also set out its capital allocation framework, detailing the portfolio investment to maximise shareholder value through sustaining and growing production, while maintaining a commitment to delivering attractive and sustainable shareholder returns, and retaining the resilience of a strong balance sheet. The presentation is open to all existing and potential shareholders via Investor Meet Company. Questions can be submitted in advance. Investors can sign up to Investor Meet Company for free and add to meet Serica Energy plc via: https://www.investormeetcompany.com/serica-energy-plc/register-investor.

Enquiries:

Serica Energy plc [phone]  Martin Copeland (CFO) / Andrew Benbow (Head of Investor Relations) Peel Hunt (Nomad & Joint Broker) [phone] Richard Crichton / David McKeown / Emily Bhasin Jefferies (Joint Broker) [phone] Sam Barnett/ Cameron Jones Vigo Consulting (PR Advisor)   [phone] Patrick d'Ancona [e-mail]

Notes to Editors

Serica Energy is an independent British oil and gas company with a broad portfolio of assets located in the UK Continental Shelf (UKCS). The Company operates assets that deliver around 10% of the UK's gas production, a key component of the UK energy system, and has invested over £1 billion in the UK supply chain since 2020. Serica maintains a broadly balanced output of oil and gas across its operations.

The Company's key producing assets are currently grouped around two major hubs: the Bruce, Keith, and Rhum fields in the Northern North Sea, where Serica is the operator; and a mix of operated and non-operated fields connected to the Triton FPSO in the Central North Sea. The Company also holds a notable position West of Shetland, including a 40% operated stake in the Greater Laggan Area offshore fields and associated Shetland Gas Plant.

In the second half of 2026 Serica also intends to complete the acquisition of non-operated interests in the Catcher and Golden Eagle Area Development fields from ONE-Dyas, and the acquisition of a package of operated and non-operated assets from Spirit Energy in Q3 2026, including a 15% stake in the Cygnus field and 25% in Clipper South as well as the operated Greater Markham Area.

Serica aims to create shareholder value through a mix of production from existing oil and gas fields, organic investment and M&A.

Serica's shares trade on the AIM market of the London Stock Exchange (ticker: SQZ), and the Company has announced its intention to move its listing to the Main Market of the LSE in 2026. More information about Serica is available on the Company's website (www.serica-energy.com). To receive news updates by email, interested parties can subscribe through the website.

 

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