ADX Energy Ltd.: Variation of Loan Note Agreements

ADX Energy Ltd.

Wien (pta015/10.03.2026/10:04 UTC+1)

"Extension to September 2027 provides financial flexibility to pursue multiple, immediate growth opportunities"

Key Points:

• The revised terms apply to fifteen (15) Loan Notes of A$50,000 each (A$750,000 in total), originally issued in July 2023. Ten (10) Loan Notes of A$50,000 each (A$500,000 in total) will be repaid on the repayment date of 31 March 2026.
• The repayment date of the A$750,000 principal has been extended to30 September 2027. Existing options previously issued in relation to the Loan Notes will lapse on 31 March 2026. New options will be granted to the Loan Note holders who have executed variation agreements.
• The agreement by the Loan Note holders to extend repayment provides ADX with the financial flexibility to pursue multiple identified growth opportunities and reposition the Company for further drilling and development activities.
• ADX will immediately focus on the following near term value development and strategic growth opportunities:
  • Ongoing well testing and evaluation work at the Welchau-1 light oil and gas discovery;
  • Drilling the HOCH -1 shallow gas well in Upper Austria;
  • Well site preparation and materials for two already permitted additional shallow gas exploration wells in Upper Austria;
  • Finalisation of Anshof near field prospects for permitting and drilling;
  • Ongoing farmout activities for 100% held shallow gas wells and nearfield oil prospects;
  • Further seismic and drilling data purchases for Sicily Channel permit culminating in a third party resources assessment; and
  • Dual listing on Oslo Børs' Euronext Growth market to improve liquidity, recognition in energy hungry European markets and broaden ADX's shareholder base.

For more details please see the PDF file.

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Emitter:	ADX Energy Ltd. Ölzeltgasse 3/8 1030 Wien Austria
Contact Person:	Vesna Blazevic
Phone:	+43 676 6893465
E-Mail:	office@adx-energy.at
Website:	www.adx-energy.com
ISIN(s):	AU000000ADX9 (Share)
Stock Exchange(s):	Free Market in Frankfurt, Hamburg, Munich, Stuttgart, Tradegate BSX
Other Stock Exchanges:	Australian Securities Exchange (ASX), Sydney