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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

GKP: Interim Dividend Exchange Rate

GKPRegulatory press release23.09.2026, 08.00
23 September 2026

Gulf Keystone Petroleum Ltd. (LSE & OSE: GKP)
("Gulf Keystone", "GKP" or "the Company")

Interim Dividend Exchange Rate

Gulf Keystone announced on 25 August 2026 the declaration of a $10 million
interim dividend, equivalent to $0.046 per Common Share of the Company. The
dividend will be paid on 28 September 2026 to those shareholders that were on
the register of members of the Company as at 11 September 2026.

Payment information for OSE, LSE and certificated shareholders

OSE shareholders

Shareholders of GKP shares trading on Euronext Growth Oslo operated by the
Oslo Stock Exchange ("OSE") will receive NOK 0.4339 per Common Share, based on
the conversion of USD into NOK at a rate of $1:NOK 9.433 prevailing on 18
September 2026.

LSE shareholders holding CREST Depositary Interests

GKP shares trading on the LSE are settled through CREST Depositary Interests
("CDIs") issued by Euroclear UK & International Limited ("Euroclear"). The
CDIs are held in a nominee account for Euroclear registered in the Norwegian
VPS.

As the Norwegian VPS does not allow dividend payments in any currency other
than NOK, the Company is unable to offer a currency election for CDI holders
and consequently the Euroclear nominee account will be paid NOK 0.4339 per
Common Share. CDI holders will in turn receive the equivalent of NOK 0.4339
per Common share in EUR, GBP or USD according to the preferred payment
currency of their CREST account.

Where a CREST participant has not explicitly set a preferred CREST currency,
the system will follow alphabetical order of eligible currencies as set out in
the Euroclear International Service Description. This means payment would
default to EUR (if the participant can receive EUR), or GBP if not, and
finally USD if no EUR or GBP payment account is linked to the CREST account.
Shareholders are encouraged to contact their broker or nominee account to
confirm their final payment currency for the interim dividend.

Certificated shareholders

Certificated shareholders continue to be able to select payment in either GBP
or USD according to their currency election preference. Certificated
shareholders receiving dividends in GBP will receive £0.0344 per Common Share,
based on the exchange rate of $1:£0.7481 prevailing on 18 September 2026.

Enquiries:

+----------------------------------------------+------------------------------+
| Gulf Keystone: | +44 (0) 20 7514 1400 |
+----------------------------------------------+------------------------------+
| Aaron Clark, Head of Investor Relations | aclark@gulfkeystone.com |
| & Corporate Communications | |
| | |
+----------------------------------------------+------------------------------+
| FTI Consulting | +44 (0) 20 3727 1000 |
+----------------------------------------------+------------------------------+
| Ben Brewerton | GKP@fticonsulting.com |
| Nick Hennis | |
+----------------------------------------------+------------------------------+

or visit: www.gulfkeystone.com (http://www.gulfkeystone.com/)

Notes to Editors:

Gulf Keystone Petroleum Ltd. (LSE & OSE: GKP) is a leading independent
operator and producer in the Kurdistan Region of Iraq. Further information on
Gulf Keystone is available on its website www.gulfkeystone.com
(http://www.gulfkeystone.com/)
one is available on its website www.gulfkeystone.com\
(http://www.gulfkeystone.com/)\