Result of AGM

Cadogan Petroleum plc

Result of Annual General Meeting

The Annual General Meeting of Cadogan Petroleum plc was held on 20^th June 2018 at 12.00 noon, at Chandos House, 2 Queen Anne Street, London, W1G 9LQ.

The Directors of the Company wish to announce that all resolutions proposed at the AGM were passed.  All resolutions were approved on a show of hands at the meeting.  The results of the proxy votes received in advance of the meeting are reported below:

Resolution	Ordinary/ Special	For		Against		Withheld	Total votes cast
		No. of votes	%	No. of votes	%
1.    To receive the Annual Financial Report	Ordinary	62,192,743	100	0	0	0	62,192,743
2.    To approve the Directors’ Remuneration Policy	Ordinary	62,011,302	99.74	164,370	0.26	17,071	62,192,743
3.    To approve the Directors’ Annual Report on Remuneration	Ordinary	62,011,302	99.74	164,370	0.26	17,071	62,192,743
4.    To re-elect Zev Furst as a Director	Ordinary	62,012,332	99.74	164,370	0.26	16,071	62,192,743
5.    To re-elect Gilbert Lehmann as a Director	Ordinary	62,012,332	99.98	14,370	0.02	166,071	62,192,743
6.    To re-elect Michel Meeus as a Director	Ordinary	62,012,302	99.74	164,370	0.26	16,071	62,192,743
7.    To re-elect Guido Michelotti as a Director	Ordinary	62,012,302	99.74	164,370	0.26	16,071	62,192,743
8.    To re-elect Adelmo Schenato as a Director	Ordinary	62,012,302	99.74	164,370	0.26	16,071	62,192,743
9.    To re-elect Enrico Testa as a Director	Ordinary	62,012,302	99.74	164,370	0.26	16,071	62,192,743
10.  To re-appoint BDO LLP as auditor	Ordinary	62,162,302	99.98	14,370	0.02	16,071	62,192,743
11.  To authorise the Directors to determine the auditor’s fees.	Ordinary	62,162,302	99.98	14,370	0.02	16,071	62,192,743
12.  To authorise the Directors to allot shares.	Ordinary	62,162,302	99.98	14,370	0.02	16,071	62,192,743
13.  To authorise the Directors to disapply pre-emption rights.	Special	62,012,302	99.74	180,441	0.29	0	62,192,743
14.  To authorise the Company to purchase its own shares.	Special	62,162,302	99.98	30,441	0.05	0	62,192,743
15.  To authorise calling of a general meeting on 14 clear days’ notice.	Special	62,033,373	99.74	159,370	0.26	0	62,192,743

A vote withheld is not a vote in law and is not counted in the calculation of votes validly cast for or against a resolution.

All resolutions put to the meeting were carried.

Copies of the resolutions passed as special resolutions at the AGM will shortly be available for inspection at the National Storage Mechanism, which is located at: http://www.morningstar.co.uk/uk/nsm.

Ben Harber

Secretary

20 June 2018