Major Shareholder Notification

NOCO (UK) Limited, a company 100% owned by NOCO Oil & Resources Ltd., has today transferred its shareholding in Petrolia SE to its principal NOCO Oil & Resources Ltd.

The shareholding consists of 3.709.888 shares, representing 6,27% of total shareholding in Petrolia SE. Following the transaction NOCO Oil & Resources Ltd has a shareholding of 3.709.888 shares in Petrolia SE.