Evolution Petroleum prices 3,700,000-share follow-on offering at $3.25 per share

• Evolution Petroleum priced an underwritten public offering of 3,700,000 common shares at USD 3.25 each.
• Expected gross proceeds total about USD 12.03 million, before underwriting discounts, commissions, and offering expenses.
• Underwriters hold a 30-day option to buy up to 555,000 additional shares at the offering price, less discounts.
• Closing is expected on August 20, 2026, subject to customary conditions.
• Net proceeds earmarked for a Permian Basin minerals and royalties acquisition, debt funding, cash on hand support, and general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evolution Petroleum Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-099227), on August 20, 2026, and is solely responsible for the information contained therein.