5 September 2023

MOLECULAR ENERGIES PLC

("MEN" or the "Company")

Posting of Circular and Notice of General Meeting

MEN announces that the Circular as referenced in the announcement dated 5 September 2023, will be distributed to shareholders today together with a notice of a General Meeting ("GM") which is to be held on 21 September 2023 at 3pm at The RAG Army & Navy Club, 36 Pall Mall, London, SW1Y 5JN.

Copies of the Circular and notice of the GM are available from the Company's website, www.molecularenergiesplc.com and from the Company's registered office Carrwood Park, Selby Road, Leeds, LS15 4LG.

For more information, please visit www.molecularenergiesplc.com or contact:

Notes to Editors

Molecular Energies PLC is an AIM listed company at the forefront of energy development and has interests across the energy spectrum, from oil and gas projects to subdivisions in the green and alternative energy sub-sectors.

The Company has oil and gas production in Argentina as well as exploration assets in both Argentina and Paraguay. The Company has two separate subdivisions which are focused on early-stage opportunities in the green and/or alternative energy sub-sector.

Activities in the green and alternative energy space are being carried out under the Green House Capital brand and through AIM listed Atome Energy PLC, a green hydrogen, ammonia, and fertiliser company operating in Paraguay, Costa Rica and Iceland, in which MEN currently has 20.5%.

With a strong strategic and institutional base of support, an in-country management team as well as the Chairman whose interests as the largest shareholder are aligned to those of its shareholders, Molecular Energy gives UK investors access to an energy growth story combined with world class standards of corporate governance, environmental and social responsibility.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"). The person who arranged for the release of this announcement on behalf of the Company was Robert Shepherd, Group Financial Director.

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