ContourGlobal : Quarterly Dividend Update

For immediate release

17 March 2020

ContourGlobal plc ('ContourGlobal')

Quarterly dividend update

The Board of ContourGlobal announces that it has approved a quarterly dividend, for the three months ended 31 December 2019, of USD 3.6901 centsper share, equivalent to $24.75 million. This dividend reflects the Group's target of 10% year-on-year dividend growth supported by ContourGlobal's strong and predictable cash flow generation.

The quarterly dividend will be paid on 9 April 2020 to shareholders on the register at 27 March 2020.

The April dividend of $24.75 million, will be paid as follows:

Dividend per share in USD: 3.6901 cents per share

Exchange rate: GB£1 = US$1.23255

Dividend per share in GBP: 2.9939 pence per share

Ex-dividend date: 26 March 2020

Record date: 27 March 2020

Payment date: 9 April 2020

It is intended that the timing of the quarterly dividend for the remainder of the year will be as follows. Payment subject to Board approval.

Announcement	28 May	6 Aug	27 Oct
Ex-date	4 June	3 Sept	3 Dec
Record date	5 June	4 Sept	4 Dec
Payment date	26 June	25 Sept	29 Dec

About ContourGlobal

ContourGlobal is listed on the premium segment of the London Stock Exchange (TKR: GLO). ContourGlobal is an international owner and operator of contracted wholesale power generation businesses with approximately 4.8 GW in operation in 18 countries. ContourGlobal operates a portfolio of 107 thermal and renewable power plants across Europe, Latin America, and Africa utilizing a wide range of technologies.

ENQUIRIES

Investor Relations - ContourGlobal plc

John Smelt

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Mob: [phone]

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Media - Brunswick

Charles Pretzlik/Simon Maine

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ENDS