Coastal Africa Group Limited, which was incorporated in the BVI on 30 December
2025, will be an investing company for the purposes of the AIM Rules. The Company has been
established with the ultimate objective of creating value for its investors through the acquisition and
management of companies or assets in the energy sector. The Company’s acquisition strategy will be
primarily focused on the oil and gas sector (including upstream and midstream opportunities), energy infrastructure, energy services and energy assets in West Africa, though it may consider opportunities in other jurisdictions where the Directors believe there are opportunities to create shareholder value.