On January 17, 2023, Palliser Capital announced that it sent a public letter to Capricorn Energy PLCÆs Board outlining serious governance concerns in response to the CompanyÆs Combined Prospectus and Circular for the NewMed deal vote published on 13 January 2023, the Investor Update Presentation published on 16 January 2023 and the letters shared with Palliser by the Company on 9 January 2023 and 14 January 2023.