SED Energy Holdings Plc - Grant of Share Options to Primary Insiders

08 Dec 2025 21:00 CET

Nicosia, Cyprus - 8 December 2025 - The Board of Directors of SED Energy
Holdings Plc (the "Company") has resolved to issue 5,926,974 new options under
the Company's share option program. The following primary insiders have been
allocated the following number of options:

* Finn Atle Hamre (CEO of SeaBird Exploration): 2,963,487 options, vesting
over a period of three years with 1/3 each year and strike price NOK 7.98
* Sveinung Bergene Alvestad (Chief Financial Officer): 2,963,487 options,
vesting over a period of three years with 1/3 each year and strike price NOK
7.98

Please refer to the attached PDMR Forms for further details.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and Article 19 of Regulation EU
596/2014 (the EU Market Abuse Regulation).

For further information, please contact:
Investor relations: ir@energyholdings.cy

About Us
Energy Holdings is a strong industrial partner with a diversified portfolio of
resilient, cash-generative assets supported by a conservative capital
structure, a robust revenue backlog and a conservative capital structure. With
a solid foundation for attractive capital returns, Energy Holdings' primary
focus is on distributing all excess liquidity to shareholders, while also
pursuing disciplined, value-accretive growth. Its current portfolio includes
wholly owned subsidiaries Energy Drilling, a leading owner and operator of
tender assisted drilling rigs, and SeaBird Exploration, a global provider of
high-end 2D seismic services and source vessel solutions. For more
information, please visit www.energyholdings.cy.

More information:
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661519_PDMR Form SED Energy Holdings 081225.pdf
661519_SED Energy Holdings Plc - Grant of Share Options to Primary Insiders.pdf