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Regulatory press release

SeaBird Exploration Plc - Major shareholding notification

SED Energy Holdings
26.5.2025 23:15:02 CEST | Seabird Exploration Plc | Additional regulated
information required to be disclosed under the laws of a member state

26 May 2025: Reference is made to the stock exchange announcement on 26 May 2025
regarding the completion of the combination of SeaBird Exploration Plc ("SeaBird
Exploration") and Energy Drilling Pte Ltd ("Energy Drilling") in a
share-for-share acquisition to create SED Energy Holdings Plc ("Energy Holdings"
or the "Company") (the "Transaction").

Following completion of the Transaction, MH Capital AS, Alden AS, Anderson
Invest AS and Grunnfjellet AS will hold shares in the Company as set out below:

* MH Capital AS: 10,159,676 shares, representing approximately 1.40% of the
share capital and 1.64% of the votes in the Company.
* Alden AS: 6,545,288 shares, representing approximately 0.90% of the share
capital and 1.06% of the votes in the Company.
* Anderson Invest AS: 6,098,626 shares, representing approximately 0.84% of the
share capital and 0.99% of the votes in the Company.
* Grunnfjellet AS: 5,100,000 shares, representing approximately 0.70% of the
share capital and 0.83% of the votes in the Company.

The foregoing calculations are based on 725,984,552 outstanding shares in the
Company following completion of the Transaction, of which 617,884,552 are
ordinary shares and 108,100,000 are non-voting class B-shares.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements in article 19 of the
Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading
Act.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848273/18543381/6133/Download%20announce
ment%20as%20PDF.pdf
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