DIRECTORS’ STATEMENT The directors present their statement together with the audited consolidated financial statements of Geo Energy Resources Limited (the “Company”) and its subsidiaries (collectively, the “Group”) and statement of financial position and statement of changes in equity of the Company for the financial year ended 31 December 2025. In the opinion of the directors, the consolidated financial statements of the Group and the statement of financial position and statement of changes in equity of the Company as set out on pages 52 to 115 are drawn up so as to give a true and fair view of the financial position of the Group and of the Company as at 31 December 2025, and the financial performance, changes in equity and cash flows of the Group and changes in equity of the Company for the financial year then ended and at the date of this statement, there are reasonable grounds to believe that the Company will be able to pay its debts as and when they fall due. 1 DIRECTORS The directors of the Company in office at the date of this statement are: Charles Antonny Melati Dhamma Surya Ali Hery David Yan Kin Pung Tai Mern Tze (Appointed on 2 March 2026) 2 ARRANGEMENTS TO ENABLE DIRECTORS TO ACQUIRE BENEFITS BY MEANS OF THE ACQUISITION OF SHARES AND DEBENTURES Neither at the end of the financial year nor at any time during the financial year did there subsist any arrangement whose object is to enable the directors of the Company to acquire benefits by means of the acquisition of shares or debentures in the Company or any other body corporate, except for the options mentioned in paragraph 4 of the Directors’ statement. 3 DIRECTORS’ INTERESTS IN SHARES AND DEBENTURES The directors of the Company holding office at the end of the financial year had no interests in the share capital, share options, warrants and debentures of the Company and related corporations as recorded in the register of directors’ shareholdings kept by the Company under section 164 of the Singapore Companies Act 1967 except as follows: Charles Antonny Melati held 513,853,406 shares of the Company as at 21 January 2026, driven by 253,308,000 shares issued on 8 January 2026, as part of purchase consideration for the sale of PT Trans Maritim Pratama and PT Bahari Segara Maritim (Note 43). Except for the above, the directors’ interests in the shares of the Company as at 21 January 2026 were the same as at 31 December 2025. 4 SHARE OPTIONS Share Incentive Schemes The Geo Energy Share Option Scheme (the “Share Option Scheme”) and the Geo Energy Performance Share Plan (collectively, the “Schemes”) were approved and adopted by the shareholders of the Company at the Extraordinary General Meeting held on 23 April 2018. The Schemes are administered by the Remuneration Committee in accordance with their terms. The members of the Remuneration Committee are: Tai Mern Tze (Chairman) Ali Hery David Yan Kin Pung The Schemes shall remain in force for a maximum period of 10 years unless extended with the approval of the shareholders of the Company. The aggregate number of shares issued or issuable under the two Schemes shall not exceed 15% of the total number of issued shares in the Company (excluding treasury shares, if any) from time to time. Name of directors and companies in which interests are held Shareholdings registered in name of directors Shareholdings in which directors are deemed to have an interest At beginning of year At end of year At beginning of year At end of year Ordinary shares of the Company Charles Antonny Melati 253,345,406 260,545,406 - - Dhamma Surya 33,659,453 36,059,453 - - David Yan Kin Pung 120,000 131,600 - - 45 GEO ENERGY | ANNUAL REPORT 2025
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