Announcement PDF ADX Energy Ltd (ASX:ADX) ASX RELEASE Page | 1 ADX Energy Ltd | ABN 50 009 058 646 Registered and Principal Office Australia: Level 1, 168 Stirling, Nedlands WA 6009, Australia Telephone: +61 8 9381 4266 | admin@adxenergy.com.au | adxenergy.com.au 2 November 2026 RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $5.2 MILLION  2 for 5 Renounceable Rights Issue to raise up to $5.2 million  Atrac�vely priced at 1.2 cents per share  Discount of 29.4% to the last price of 1.7 cents and 33% to the 30-day VWAP  With every 2 New Shares, shareholders receive 1 free ataching New Op�on  New Op�ons will have Exercise Price of 2.5 cents, expiring 31 December 2028 and ADX will apply to ASX for quota�on  Shareholders can trade their rights and apply for addi�onal shares and op�ons  Rights to start trading from 4 November 2026  All Directors intend to par�cipate  Funds to be used primarily for Vienna Basin produc�on enhancement well work, HOCH-1 gas discovery well - Phase 2 produc�on tes�ng and GOLD-1 shallow gas well drilling, tes�ng and comple�on ADX Energy Ltd (“ADX” or “the Company”) is pleased to announce that it is undertaking a 2 for 5 renounceable rights issue (“Rights Issue”) at 1.2 cents per share to raise up to approximately $5.2 million (before costs). For every 2 New Shares subscribed, eligible shareholders will receive 1 free ataching new op�on with an exercise price of 2.5 cents and expiring on 31 December 2028. The Company will apply for the quota�on of the new op�ons on the ASX. The rights issue price represents a discount of: • 29.4% to the Company’s last close of 1.7 cents on the ASX; and • 33% to the Company’s 30-day VWAP of 1.8 cents. The Rights Issue is open to all eligible shareholders who have a registered address within Australia, New Zealand, Singapore, Monaco and the United Kingdom, and who hold Shares on the Record Date. The Rights Issue will close on 25 November 2026 (unless extended), and eligible shareholders can apply for shor�all in excess of their en�tlement. Shareholders can also trade their rights from 4 November 2026. Funds raised will be used to enable the Company to: • Vienna Basin production enhancement well work, • HOCH-1 gas discovery well - Phase 2 production testing, • GOLD-1 shallow gas well drilling, testing and completion, and • Other exploration, general and administration, and expenses of the offer All Directors intend to par�cipate in the Rights Issue. The Rights Issue is par�ally underwriten to $1 million by Lead Manager and Underwriter Mahe Capital Pty Ltd (ACN 634 087 684) (AFSL 517246). ADX Energy Ltd (ASX:ADX) ASX RELEASE Page | 2 ADX Energy Ltd | ABN 50 009 058 646 Registered and Principal Office Australia: Level 1, 168 Stirling, Nedlands WA 6009, Australia Telephone: +61 8 9381 4266 | admin@adxenergy.com.au | adxenergy.com.au All New Shares issued will rank equally with exis�ng shares on issue and the Company will apply for quota�on of the New Shares and Op�ons. A prospectus in rela�on to the Rights Issue was lodged with ASIC on 2 November 2026 and, together with a personalised en�tlement acceptance form, will be sent to eligible shareholders shortly a�er the Record Date. Eligible shareholders should consider the prospectus in deciding whether to acquire securi�es under the Rights Issue and will need to follow the instruc�ons on the en�tlement and acceptance form that will accompany the prospectus. The following are indica�ve dates in respect of the capital raising: EVENT DATE Lodgement of Prospectus with the ASIC 2 November 2026 Lodgement of Prospectus and Appendix 3B with ASX 2 November 2026 Ex date 4 November 2026 Rights start trading on a deferred settlement basis 4 November 2026 Record Date for determining Entitlements 5 November 2026 Offer opening date, Prospectus sent out to Shareholders and Company announces this has been completed 10 November 2026 Rights stop trading 18 November 2026 Shares quoted on a deferred settlement basis 19 November 2026 Last day to extend the Closing Date 20 November 2026 Closing Date as at 5:00pm* 25 November 2026 ASX and Underwriter notified of under subscriptions 1 December 2026 Issue date and lodgement of Appendix 2A with ASX applying for quotation of the Shares and New Options 2 December 2026 Quotation of Shares and New Options issued under the Offer** 3 December 2026 *The Directors may extend the Closing Date by giving at least 3 Business Days’ no�ce to ASX prior to the Closing Date. Accordingly, the date the Shares are expected to commence trading on ASX may vary. The above dates are indica�ve only and may change without prior no�ce. ADX Execu�ve Chairman, Mr Ian Tchacos, said: “This fundraising will allow ADX to increase oil and gas production from its producing fields as well as provide funding towards its low-risk shallow gas projects in Austria at a time exceptional oil and gas pricing. A successful well work, testing and drilling program has the potential to deliver multiples of production growth in a short time frame. The rights issue finance structure is intended to reward our shareholders for their continued support and position the Company for its next stage of development with increased cash flow and a stronger balance sheet.” ADX Energy Ltd (ASX:ADX) ASX RELEASE Page | 3 ADX Energy Ltd | ABN 50 009 058 646 Registered and Principal Office Australia: Level 1, 168 Stirling, Nedlands WA 6009, Australia Telephone: +61 8 9381 4266 | admin@adxenergy.com.au | adxenergy.com.au For further details please contact: Ian Tchacos Execu�ve Chairman +61 (08) 9381 4266 ian.tchacos@adxenergy.com.au Authorised for lodgement by Ian Tchacos, Execu�ve Chairman End of this Release Stay Connected with ADX Energy Receive ASX announcements and ADX updates directly to your inbox, access videos and our interac�ve Q&A func�onality. Scan the QR code or click here to sign up investors.adx-energy.com