Energy Holdings: SeaBird signs new contract for Fulmar Explorer

Limassol, Cyprus -- June 25, 2026 -- SED Energy Holdings Plc ("Energy
Holdings") is pleased to announce that its wholly owned subsidiary, SeaBird
Exploration ("SeaBird"), has secured a contract for ocean bottom node (OBN)
source work in West Africa.

SeaBird will deploy the Fulmar Explorer for the campaign. The total contract
duration, including mobilisation and demobilisation, is approximately three
months. Mobilisation is expected to commence following completion of the
vessel's five-year classing, currently scheduled for August 2026.

Finn Atle Hamre, CEO of SeaBird, commented: "We are pleased to secure
additional work for Fulmar Explorer, further strengthening our backlog. The
contract reflects continued demand for our OBN source capabilities and our
ability to deliver reliable and efficient operations. We look forward to
executing the project safely and to the client's satisfaction. We continue to
see growing demand for our services in this region, and this award positions
Fulmar Explorer well for follow-on opportunities."

For more information, contact:
Investor Relations: ir@energyholdings.cy
Press: contact@energyholdings.cy

About Energy Holdings
SED Energy Holdings Plc (ticker code "ENH") is a strong industrial partner
with a diversified portfolio of resilient, cash-generative assets supported by
a robust revenue backlog and a conservative capital structure. Energy
Holdings' primary focus is on distributing all excess liquidity to
shareholders, while also pursuing disciplined, value-accretive growth. For
more information, please visit www.energyholdings.cy
(http://www.energyholdings.cy/) (http://www.energyholdings.cy/).
holdings.cy/) (http://www.energyholdings.cy/).\