Modern Slavery

This statement relates to the financial year ending 31 December 2024. It is made by Ithaca Energy plc and its relevant subsidiaries and affiliates (“Ithaca Energy”) pursuant to s.54 of the Modern Slavery Act 2015 and sets out the steps that the Company has taken and is continuing to take to ensure that modern slavery and / or human trafficking is not taking place within our business or supply chains.

Modern slavery encompasses slavery, servitude, forced and compulsory labour, and human trafficking. Ithaca Energy has a zero-tolerance approach to any form of modern slavery. We are committed to acting ethically and with integrity and transparency in all business dealings and to putting effective systems and controls in place to safeguard against any form of modern slavery taking place within our business or supply chains.

Ithaca Energy is an independent oil and gas development and production company operating on the United Kingdom Continental Shelf. Ithaca Energy assets include producing oil fields and a portfolio of prospects and discoveries.

In 2024 we re-launched our Code of Conduct which serves as a compass to guide our actions and interactions, ensuring that we conduct our business responsibly and with respect for all our stakeholders. We operate a number of internal policies to ensure that we are conducting business in an ethical and transparent manner. These include, but are not limited to, the Code of Conduct, a Modern Slavery and Human Trafficking Policy, a Bullying and Harassment Policy, a Diversity, Equity and Inclusion Policy and a Whistleblowing Policy. Additionally, Ithaca has signed up to the UN Global Compact and is committed to its Ten Principles on human rights, labour, environment, and anti-corruption. These apply to all Ithaca Energy employees (including secondees, agency and contract personnel) and directors. Employees are required to report any concerns regarding modern slavery and / or human trafficking in our business or supply chains. Our policies encourage openness so that employees are able to raise concerns in good faith without fear of reprisals. We address failures by our employees to adhere to our policies, and this may involve disciplinary action, up to and including dismissal for misconduct or gross misconduct.

In 2025, we intend to launch a revised risk assessment and due diligence procedure to further understand the risks inherent in our business and enhance our due diligence procedures to aid in mitigating any risks identified.

Our suppliers and contractors have a contractual commitment to act consistently with all applicable laws, rules and regulations of any governmental or regulatory body, which includes those relating to modern slavery.

Training on our policies forms part of the induction process for new employees and regular training is provided thereafter as necessary. If any employee is in doubt whether a particular act or working condition contravenes any aspect of the policies, they are encouraged to seek guidance from a line manager or any member of the legal department.

This statement has been approved by the Board of Directors.

Luciano Vasques

Chief Executive Officer

1 April 2025