Oando executes PSC for Angola Block KON 13, takes 45% operator stake

• Oando executed a Production Sharing Contract for Angola’s Block KON 13, taking a 45% participating interest and operatorship.
• Contractor group started the initial exploration work program, including technical studies, following the block award in January 2025.
• Mining unit advanced lithium, tin, gold, and bitumen assets, with tin moving through resource evaluation and development planning.

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. Oando plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S525108), on August 04, 2026, and is solely responsible for the information contained therein.