23 September 2025Genel Energy plcUpdate on Kurdistan ExportsGenel Energy Plc (“the Company”) notes recent statements and media reports that suggest agreements have been reached between the Federal Government of Iraq, the Kurdistan Regional Government and a group of international oil companies to resume the export of oil by pipeline from Kurdistan to Ceyhan. The Company welcomes the significant progress made to date by all parties in seeking to resume exports from Kurdistan and believes that straightforward adjustments to currently proposed terms, and a payment plan for overdue receivables, would make the conditions for exports acceptable to the Company. In an effort to resume exports as quickly as possible, the Company continues to work with peers and relevant governments to achieve the appropriate conditions. The Company refers to the public statement made by DNO, the Operator of the Tawke PSC. “DNO’s exposure is different than that of other international oil companies” said Executive Chairman Bijan Mossavar-Rahmani.