Green Energy Group (SeaBird Exploration Plc): Key information relating to subsequent offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER
JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL.

Reference is made to the stock exchange notice from Green Energy Group (SeaBird
Exploration PLC) (the “Company”) on 28 July 2022 regarding a contemplated
private placement of new shares in the Company (the “Private Placement”) and a
possible subsequent offering at the same subscription price as in the Private
Placement (the “Subsequent Offering”).

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|Date on which the terms and conditions of the potential| |
|Subsequent Offering were announced: |28 July 2022 |
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|Last day including right:       |28 July 2022 |
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|Ex-date |29 July 2022 |
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|Record date: |1 August 2022 |
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|Maximum number of new shares: |2,000,000 |
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|Subscription price |NOK 3 per share|
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The Subsequent Offering is subject to the publication of a prospectus approved
by the relevant prospectus authority. The board of directors may, in its sole
discretion, decide that the Company shall not carry out the Subsequent Offering.