Result of Annual General Meeting
20 June 2025 – Singapore: Jadestone Energy plc (AIM:JSE) (the “Company” and together with its subsidiaries, “Jadestone” or the “Group”), an independent upstream production and development company focused on the Asia-Pacific region, is pleased to announce that at the Annual General Meeting (“AGM”) of the Company held on 20 June 2025, resolutions 1-14 as set out in the Company’s Notice of AGM dated 20 May 2025 were duly passed on a poll with the results as stated below.
| Resolution | For | % | Against | % | Total | Withheld* | |
| Ordinary resolutions | |||||||
| 1 | Annual accounts | 332,719,085 | 97.68 | 7,898,709 | 2.32 | 340,617,794 | 81,416 |
| 2 | Appointment of auditor | 339,912,242 | 99.84 | 560,399 | 0.16 | 340,472,641 | 226,569 |
| 3 | Auditor’s remuneration | 340,386,338 | 99.93 | 246,293 | 0.07 | 340,632,631 | 66,579 |
| 4 | Re-elect Adel Chaouch | 293,811,035 | 99.27 | 2,168,350 | 0.73 | 295,979,385 | 44,719,825 |
| 5 | Elect Andrew Fairclough | 340,321,936 | 99.96 | 134,033 | 0.04 | 340,455,969 | 243,241 |
| 6 | Re-elect Joanne Williams | 301,575,498 | 99.31 | 2,102,163 | 0.69 | 303,677,661 | 37,021,549 |
| 7 | Re-elect Linda Beal | 339,442,970 | 99.70 | 1,012,999 | 0.30 | 340,455,969 | 243,241 |
| 8 | Re-elect Gunter Waldner | 340,049,606 | 99.88 | 422,188 | 0.12 | 340,471,794 | 227,416 |
| 9 | Re-elect David Neuhauser | 340,373,192 | 99.98 | 82,777 | 0.02 | 340,455,969 | 243,241 |
| 10 | Elect David Mendelson | 340,375,569 | 99.98 | 80,400 | 0.02 | 340,455,969 | 243,241 |
| 11 | Authority to allot shares | 336,813,259 | 98.89 | 3,790,558 | 1.11 | 340,603,817 | 95,393 |
| Special resolutions | |||||||
| 12 | Disapplication of pre-emption rights | 336,762,001 | 98.87 | 3,854,193 | 1.13 | 340,616,194 | 83,016 |
| 13 | Disapplication of pre-emption rights | 336,752,868 | 98.87 | 3,863,326 | 1.13 | 340,616,194 | 83,016 |
| 14 | Market purchase of own shares | 340,531,101 | 99.97 | 109,869 | 0.03 | 340,640,970 | 58,240 |
* A vote withheld is not a vote in law and is not counted for the purposes of the calculation of the proportion of votes ‘For’ and ‘Against’ a resolution.
-ends-
For further information, please contact:
| Jadestone Energy plc | |
| Phil Corbett, Head of Investor Relations | +44 (0) 7713 687467 (UK) |
| ir@jadestone-energy.com | |
| Stifel Nicolaus Europe Limited (Nomad, Joint Broker) | +44 (0) 20 7710 7600 (UK) |
| Callum Stewart | |
| Jason Grossman | |
| Ashton Clanfield | |
| Berenberg (Joint Broker) | +44 (0) 20 3757 4980 (UK) |
| Ciaran Walsh | |
| Dan Gee-Summons | |
| Yasmina Benchekroun | |
| Camarco (Public Relations Advisor) | +44 (0) 203 757 4980 (UK) |
| Billy Clegg | jse@camarco.co.uk |
| Georgia Edmonds | |
| Poppy Hawkins |
About Jadestone Energy
Jadestone Energy plc is an independent upstream company focused on the Asia-Pacific region. It has a balanced and increasingly diversified portfolio of production and development assets in Australia, Malaysia, Indonesia and Vietnam, all stable jurisdictions with a positive upstream investment climate.
The Company is pursuing a strategy to grow and diversify the Company’s production base both organically, through developments such as Nam Du/U Minh in Vietnam and the Puteri Cluster offshore Malaysia, as well as through acquisitions that fit within Jadestone’s financial framework and play to the Company’s strengths in managing maturing oil assets. Jadestone delivers value in its acquisition strategy by enhancing returns through operating efficiencies, cost reductions and increased production through further investment.
Jadestone is a responsible operator and well positioned for the energy transition through its increasing gas production, by maximising recovery from existing brownfield developments and through its Net Zero pledge on Scope 1 & 2 GHG emissions from operated assets by 2040. This strategy is aligned with the IEA Net Zero by 2050 scenario, which stresses the necessity of continued investment in existing upstream assets to avoid an energy crisis and meet demand for oil and gas through the energy transition.
Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market of the London Stock Exchange (AIM: JSE). The Company is headquartered in Singapore. For further information on the Company please visit www.jadestone-energy.com.
This announcement does not include inside information.
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