• Completion of the Institutional Entitlement Offer and Placement raises gross proceeds of $131 million
• Strong support received from existing institutional shareholders and new investors
• Fully underwritten Retail Entitlement Offer opens on Tuesday, 30 September 2025

Amplitude Energy Limited (ASX: AEL) is pleased to announce the successful completion of its fully underwritten institutional placement ('Placement') and the institutional component (the 'Institutional Entitlement Offer') of its 1-for-6.35 accelerated non-renounceable entitlement offer ('Entitlement Offer') of new fully paid Amplitude Energy ordinary shares ('New Shares') announced on Tuesday, 23 September 2025 ('Equity Raising' or the 'Offer'). The Placement and the Institutional Entitlement Offer, were strongly supported by both existing institutional shareholders and new institutional investors, raising approximately $131 million (subject to reconciliation) at a fixed offer price of $0.24 per share ('Offer Price'). Approximately 93% of entitlements available to eligible institutional shareholders under the Institutional Entitlement Offer were taken up. The Placement and Institutional Entitlement Offer will result in the issue of approximately 544 million New Shares, comprising approximately 208 million New Shares issued in the Placement and 336 million New Shares in the Institutional Entitlement Offer. The retail component of the Entitlement Offer ('Retail Entitlement Offer') is fully underwritten and is expected to raise approximately $20 million. Eligible retail shareholders will be invited to participate in the Retail Entitlement Offer at the Offer Price. The Retail Entitlement Offer will open on Tuesday, 30 September 2025 and close 5:00pm (Sydney time) on Thursday, 9 October 2025.