27 June 2023

Coro Energy Plc

("Coro" or the "Company")

Successful Philippines WESC Award

Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, announces that its application for the Philippines Department of Energy's Wind Energy Service Contract ("WESC") in respect of an area of interest for the onshore Oslob Wind Power Project has now been approved and a WESC formally awarded.

Michael Carrington, Managing Director: Renewables, commented:

"We are delighted with the award of the Wind Energy Service Contract, which is a significant milestone. We will now proceed with the supply and install of a Met Mast. My thanks go to the Philippines Team who have navigated the process to successful completion in securing the WESC."

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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time. Upon the publication of this announcement, this inside information is now considered to be in the public domain.