Author: Ravi Shankar

On 2 January 2026, Schouw & Co. initiated a share buy-back programme as outlined in Company Announcement no. 59 of 18 December 2025. Under the programme, Schouw & Co. will acquire shares for up to DKK 240 million during the period 2 January to 31 December 2026. As outlined in Company Announcement no. 48 of 14 August 2026, the programme was extended with up to DKK 170 million, increasing the total amount of which Schouw & Co. will acquire shares to up to DKK 410 million.

The buy-back will be structured in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (“Safe Harbour” rules).

Trading day	No. of shares	Average price	Amount DKK
Accumulated until 18 September 2026	438,541	697.89	306,054,432
Monday, 21 September 2026	7,400	803.00	5,942,200
Tuesday, 22 September 2026	7,000	798.00	5,586,000
Wednesday, 23 September 2026	5,000	807.77	4,038,840
Thursday, 24 September 2026	6,000	808.00	4,848,000
Friday, 25 September 2026	6,100	808.00	4,928,800
In the period 21 September 2026 – 25 September 2026	31,500	804.57	25,343,840
Accumulated until 25 September 2026	470,041	705.04	331,398,272
Following the above transactions, Schouw & Co. holds a total of 2,767,834 treasury shares corresponding to 11.07% of the total share capital of 25,000,000 shares.

Aktieselskabet Schouw & Co.

Jørgen Dencker Wisborg, Chairman
Jens Bjerg Sørensen, President, telephone number +45 86 11 22 22

Attachments

• 2026-09-28 FBM26-59 SBB-w39 ENG
• SBB2026 Week 39

On 2 January 2026, Schouw & Co. initiated a share buy-back programme as outlined in Company Announcement no. 59 of 18 December 2025. Under the programme, Schouw & Co. will acquire shares for up to DKK 240 million during the period 2 January to 31 December 2026. As outlined in Company Announcement no. 48 of 14 August 2026, the programme was extended with up to DKK 170 million, increasing the total amount of which Schouw & Co. will acquire shares to up to DKK 410 million.

The buy-back will be structured in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (“Safe Harbour” rules).

Trading day	No. of shares	Average price	Amount DKK
Accumulated until 18 September 2026	438,541	697.89	306,054,432
Monday, 21 September 2026	7,400	803.00	5,942,200
Tuesday, 22 September 2026	7,000	798.00	5,586,000
Wednesday, 23 September 2026	5,000	807.77	4,038,840
Thursday, 24 September 2026	6,000	808.00	4,848,000
Friday, 25 September 2026	6,100	808.00	4,928,800
In the period 21 September 2026 – 25 September 2026	31,500	804.57	25,343,840
Accumulated until 25 September 2026	470,041	705.04	331,398,272
Following the above transactions, Schouw & Co. holds a total of 2,767,834 treasury shares corresponding to 11.07% of the total share capital of 25,000,000 shares.

Aktieselskabet Schouw & Co.

Jørgen Dencker Wisborg, Chairman
Jens Bjerg Sørensen, President, telephone number +45 86 11 22 22

Attachments

• 2026-09-28 FBM26-59 SBB-w39 ENG
• SBB2026 Week 39

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 148,500 IPC common shares (ISIN: CA46016U1084) during the period of September 21 to 25, 2026 under IPC’s previously announced normal course issuer bid / share repurchase program (NCIB).

IPC’s NCIB, announced on December 3, 2025, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation) and the applicable rules and policies of the Toronto Stock Exchange (TSX) and Nasdaq Stockholm and applicable Canadian and Swedish securities laws.

During the period of September 21 to 25, 2026, IPC repurchased a total of 100,000 IPC common shares on Nasdaq Stockholm. All of these share repurchases were carried out by Pareto Securities AB on behalf of IPC.

A summary and detailed breakdown of the transactions conducted on Nasdaq Stockholm during the period of September 21 to 25, 2026 according to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is available with this press release on IPC’s website: www.international-petroleum.com/news-and-media/press-releases.

During the same period, IPC purchased a total of 48,500 IPC common shares on the TSX. All of these share repurchases were carried out by ATB Securities Inc. on behalf of IPC.

All common shares repurchased by IPC under the NCIB will be cancelled. As at September 25, 2026, the total number of issued and outstanding IPC common shares is 112,159,304 with voting rights, of which IPC holds 431,638 common shares in treasury.

A total of 1,099,086 IPC common shares have been repurchased under the NCIB through the facilities of the TSX and Nasdaq Stockholm up to September 25, 2026. A maximum of 6,468,077 IPC common shares may be repurchased up to December 4, 2026, or until such earlier date as the NCIB is completed or terminated by IPC.

International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the symbol “IPCO”.

For further information, please contact:

Rebecca Gordon SVP Corporate Planning and Investor Relations rebecca.gordon@international-petroleum.com Tel: +41 22 595 10 50

Or

Robert Eriksson Media Manager reriksson@rive6.ch Tel: +46 701 11 26 15

 

This information was submitted for publication, through the contact persons set out above, at 11:00 CEST on September 28, 2026.

Forward-Looking Statements
This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements include, but are not limited to, statements with respect to: the intention and ability of IPC to acquire common shares under the NCIB, including the timing of any such purchases; the number of common shares to be cancelled and the timing of such cancellations; and the return of value to IPC’s shareholders as a result of any common share repurchases.

The forward-looking statements are based on certain key expectations and assumptions made by IPC, including expectations and assumptions concerning: the duration and impact of tariffs that are currently in effect on goods exported from or imported into Canada, and that other than the tariffs that are currently in effect, neither the U.S. nor Canada (i) increases the rate or scope of such tariffs, reenacts tariffs that are currently suspended, or imposes new tariffs, on the import of goods from one country to the other, including on oil and natural gas, and/or (ii) imposes any other form of tax, restriction or prohibition on the import or export of products from one country to the other, including on oil and natural gas; prevailing commodity prices and currency exchange rates; applicable royalty rates and tax laws; interest rates; future well production rates and reserve and contingent resource volumes; operating costs; IPC’s ability to maintain its existing credit ratings; IPC’s ability to achieve its performance targets; the timing of receipt of regulatory approvals; the performance of existing wells; the success obtained in drilling new wells; anticipated timing and results of capital expenditures; the sufficiency of budgeted capital expenditures in carrying out planned activities; the timing, location and extent of future drilling operations; the successful completion of acquisitions and dispositions and that IPC will be able to implement its standards, controls, procedures and policies in respect of any acquisitions and realize the expected synergies on the anticipated timeline or at all; the benefits of acquisitions; the state of the economy and the exploration and production business in the jurisdictions in which IPC operates and globally; the availability and cost of financing, labour and services; IPC’s intention to complete share repurchases under the normal course issuer bid program, including the funding of such share repurchases, existing and future market conditions, including with respect to the price of IPC’s common shares, and compliance with respect to applicable limitations under securities laws and regulations and stock exchange policies; and the ability to market crude oil, natural gas and natural gas liquids successfully.

Although IPC believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because IPC can give no assurances that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks.

These include, but are not limited to: general global economic, market and business conditions; the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to reserves, resources, production, revenues, costs and expenses; health, safety and environmental risks; commodity price fluctuations; interest rate and exchange rate fluctuations; marketing and transportation; loss of markets; environmental and climate-related risks; competition; innovation and cybersecurity risks related to IPC’s systems, including costs of addressing or mitigating such risks; the ability to attract, engage and retain skilled employees; incorrect assessment of the value of acquisitions; failure to complete or realize the anticipated benefits of acquisitions or dispositions; the ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals; geopolitical conflicts, including current and potential future conflicts in Ukraine, the Middle East, South America and elsewhere, and their potential impact on, among other things, global market conditions; political or economic developments, including, without limitation, the risk that (i) the tariffs that are currently in effect on goods exported from or imported into Canada continue in effect for an extended period of time, the tariffs that have been threatened are implemented, that tariffs that are currently suspended are reactivated, the rate or scope of tariffs are increased, or new tariffs are imposed, including on oil and natural gas, (ii) the U.S. and/or Canada imposes any other form of tax, restriction or prohibition on the import or export of products from one country to the other, including on oil and natural gas, and (iii) the tariffs imposed or threatened to be imposed by the U.S. on other countries and retaliatory tariffs imposed or threatened to be imposed by other countries on the U.S. will trigger a broader global trade war which could have a material adverse effect on the Canadian, U.S. and global economies, and by extension the Canadian oil and natural gas industry and the Corporation, including by decreasing demand for, and the price of oil, and natural gas, disrupting supply chains, increasing costs, causing volatility in the global financial markets, and limiting access to financing; and changes in legislation, including but not limited to tax laws, royalties, environmental and abandonment regulations. Readers are cautioned that the foregoing list of factors is not exhaustive.

Additional information on these and other factors that could affect IPC, or its operations or financial results, are included in IPC’s annual information form for the year ended December 31, 2025 (See “Cautionary Statement Regarding Forward-Looking Information”, “Reserves and Resources Advisory” and “Risk Factors”), in the management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2026 (See “Risk Factors”, “Cautionary Statement Regarding Forward-Looking Information” and “Reserves and Resources Advisory”) and other reports on file with applicable securities regulatory authorities, including previous financial reports, management’s discussion and analysis and material change reports, which may be accessed through the SEDAR+ website (www.sedarplus.ca) or IPC’s website (www.international-petroleum.com).

Attachment

• IPC – PR – Buyback results period of September 21 to 25 2026 28-09-2026

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 148,500 IPC common shares (ISIN: CA46016U1084) during the period of September 21 to 25, 2026 under IPC’s previously announced normal course issuer bid / share repurchase program (NCIB).

IPC’s NCIB, announced on December 3, 2025, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation) and the applicable rules and policies of the Toronto Stock Exchange (TSX) and Nasdaq Stockholm and applicable Canadian and Swedish securities laws.

During the period of September 21 to 25, 2026, IPC repurchased a total of 100,000 IPC common shares on Nasdaq Stockholm. All of these share repurchases were carried out by Pareto Securities AB on behalf of IPC.

A summary and detailed breakdown of the transactions conducted on Nasdaq Stockholm during the period of September 21 to 25, 2026 according to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is available with this press release on IPC’s website: www.international-petroleum.com/news-and-media/press-releases.

During the same period, IPC purchased a total of 48,500 IPC common shares on the TSX. All of these share repurchases were carried out by ATB Securities Inc. on behalf of IPC.

All common shares repurchased by IPC under the NCIB will be cancelled. As at September 25, 2026, the total number of issued and outstanding IPC common shares is 112,159,304 with voting rights, of which IPC holds 431,638 common shares in treasury.

A total of 1,099,086 IPC common shares have been repurchased under the NCIB through the facilities of the TSX and Nasdaq Stockholm up to September 25, 2026. A maximum of 6,468,077 IPC common shares may be repurchased up to December 4, 2026, or until such earlier date as the NCIB is completed or terminated by IPC.

International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the symbol “IPCO”.

For further information, please contact:

Rebecca Gordon SVP Corporate Planning and Investor Relations rebecca.gordon@international-petroleum.com Tel: +41 22 595 10 50

Or

Robert Eriksson Media Manager reriksson@rive6.ch Tel: +46 701 11 26 15

 

This information was submitted for publication, through the contact persons set out above, at 11:00 CEST on September 28, 2026.

Forward-Looking Statements
This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements include, but are not limited to, statements with respect to: the intention and ability of IPC to acquire common shares under the NCIB, including the timing of any such purchases; the number of common shares to be cancelled and the timing of such cancellations; and the return of value to IPC’s shareholders as a result of any common share repurchases.

The forward-looking statements are based on certain key expectations and assumptions made by IPC, including expectations and assumptions concerning: the duration and impact of tariffs that are currently in effect on goods exported from or imported into Canada, and that other than the tariffs that are currently in effect, neither the U.S. nor Canada (i) increases the rate or scope of such tariffs, reenacts tariffs that are currently suspended, or imposes new tariffs, on the import of goods from one country to the other, including on oil and natural gas, and/or (ii) imposes any other form of tax, restriction or prohibition on the import or export of products from one country to the other, including on oil and natural gas; prevailing commodity prices and currency exchange rates; applicable royalty rates and tax laws; interest rates; future well production rates and reserve and contingent resource volumes; operating costs; IPC’s ability to maintain its existing credit ratings; IPC’s ability to achieve its performance targets; the timing of receipt of regulatory approvals; the performance of existing wells; the success obtained in drilling new wells; anticipated timing and results of capital expenditures; the sufficiency of budgeted capital expenditures in carrying out planned activities; the timing, location and extent of future drilling operations; the successful completion of acquisitions and dispositions and that IPC will be able to implement its standards, controls, procedures and policies in respect of any acquisitions and realize the expected synergies on the anticipated timeline or at all; the benefits of acquisitions; the state of the economy and the exploration and production business in the jurisdictions in which IPC operates and globally; the availability and cost of financing, labour and services; IPC’s intention to complete share repurchases under the normal course issuer bid program, including the funding of such share repurchases, existing and future market conditions, including with respect to the price of IPC’s common shares, and compliance with respect to applicable limitations under securities laws and regulations and stock exchange policies; and the ability to market crude oil, natural gas and natural gas liquids successfully.

Although IPC believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because IPC can give no assurances that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks.

These include, but are not limited to: general global economic, market and business conditions; the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to reserves, resources, production, revenues, costs and expenses; health, safety and environmental risks; commodity price fluctuations; interest rate and exchange rate fluctuations; marketing and transportation; loss of markets; environmental and climate-related risks; competition; innovation and cybersecurity risks related to IPC’s systems, including costs of addressing or mitigating such risks; the ability to attract, engage and retain skilled employees; incorrect assessment of the value of acquisitions; failure to complete or realize the anticipated benefits of acquisitions or dispositions; the ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals; geopolitical conflicts, including current and potential future conflicts in Ukraine, the Middle East, South America and elsewhere, and their potential impact on, among other things, global market conditions; political or economic developments, including, without limitation, the risk that (i) the tariffs that are currently in effect on goods exported from or imported into Canada continue in effect for an extended period of time, the tariffs that have been threatened are implemented, that tariffs that are currently suspended are reactivated, the rate or scope of tariffs are increased, or new tariffs are imposed, including on oil and natural gas, (ii) the U.S. and/or Canada imposes any other form of tax, restriction or prohibition on the import or export of products from one country to the other, including on oil and natural gas, and (iii) the tariffs imposed or threatened to be imposed by the U.S. on other countries and retaliatory tariffs imposed or threatened to be imposed by other countries on the U.S. will trigger a broader global trade war which could have a material adverse effect on the Canadian, U.S. and global economies, and by extension the Canadian oil and natural gas industry and the Corporation, including by decreasing demand for, and the price of oil, and natural gas, disrupting supply chains, increasing costs, causing volatility in the global financial markets, and limiting access to financing; and changes in legislation, including but not limited to tax laws, royalties, environmental and abandonment regulations. Readers are cautioned that the foregoing list of factors is not exhaustive.

Additional information on these and other factors that could affect IPC, or its operations or financial results, are included in IPC’s annual information form for the year ended December 31, 2025 (See “Cautionary Statement Regarding Forward-Looking Information”, “Reserves and Resources Advisory” and “Risk Factors”), in the management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2026 (See “Risk Factors”, “Cautionary Statement Regarding Forward-Looking Information” and “Reserves and Resources Advisory”) and other reports on file with applicable securities regulatory authorities, including previous financial reports, management’s discussion and analysis and material change reports, which may be accessed through the SEDAR+ website (www.sedarplus.ca) or IPC’s website (www.international-petroleum.com).

Attachment

• IPC – PR – Buyback results period of September 21 to 25 2026 28-09-2026

Symposium builds momentum for initiative targeting USD 1 billion in foreign direct investment in Bangladesh’s digital economy, anchored by VEON’s USD 250 million commitment

Dubai, United Arab Emirates and New York, September 28, 2026 – VEON Ltd. (Nasdaq: VEON), a global digital operator, and its operating subsidiary in Bangladesh, Banglalink, on Thursday hosted the inaugural investor symposium for the “Invest in Bangladesh NOW!” initiative in New York City, on the sidelines of the United Nations General Assembly. The closed-door roundtable brought together global investors, development finance institutions and Bangladeshi government officials to discuss investment opportunities in Bangladesh’s digital economy.

VEON’s “Invest in Bangladesh NOW!” initiative, launched earlier this year, is a proposed public-private partnership with the Government of Bangladesh and is anchored by VEON’s initial USD 250 million capital commitment, with the broader ambition of mobilizing USD 1 billion in total foreign direct investment into the country’s digital economy. This week’s symposium marks the first major international event under the initiative, bringing the investment case for Bangladesh directly to the global capital community in New York.

The event was attended by Bangladesh’s Honorable Finance Minister Amir Khosru Mahmud Chowdhury, alongside senior officials from the Government of Bangladesh. Also in attendance were senior representatives from the Government of the UAE, the US Department of State, and leading global investors and development finance institutions including BlackRock, Rothschild, the IFC and the World Bank.

“Bangladesh’s digital transformation creates a compelling opportunity for long-term investment,” said Kaan Terzioglu, Chief Executive Officer of VEON. “We are backing that opportunity with a USD 250 million commitment and bringing international partners together to help mobilize USD 1 billion into the country’s digital economy. Through Banglalink, we are expanding from connectivity into digital services that help people make payments, access opportunities and participate more fully in the economy. Our ambition is to turn investment into a better life for all.”

“VEON invests in markets whose digital potential is still underappreciated by global capital,” said Augie K Fabela II, Chairman and Founder of VEON. “Bangladesh is home to more than 170 million people, a young and ambitious population, and a digital economy that is accelerating quickly. Putting our own capital in first, ahead of other investors, reflects our long-term confidence in what this country is building.”

The event also spotlighted recent milestones in Banglalink’s digital expansion. The company has received approval from the Bangladesh Telecommunication Regulatory Commission (BTRC) to launch Starlink Direct-to-Cell satellite-to-mobile service, which will let compatible phones connect directly to satellites in areas without conventional coverage. This will make Bangladesh the first country in South Asia to introduce the technology. The Finance Minister also announced approval of a new digital bank license backed by VEON, Banglalink and Square Group, and this week Banglalink separately launched Mukto Pay, its new digital payments platform for transfers, merchant and bill payments, and disbursements.

“Today marks a defining moment in Banglalink’s evolution as a digital operator,” said Johan Buse, Chief Executive Officer of Banglalink. “By bringing together the world’s leading investors and development finance institutions in New York, VEON has created a platform for Bangladesh that we believe will generate real, sustained investment in our country’s digital future, and we are proud to be at the center of that story.”

About VEON

VEON is a digital operator that provides connectivity and digital services to more than 150 million connectivity customers and more than 228 million digital customers. Operating across five countries that are home to 550 million consumers, more than 6% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit: https://www.veon.com/.

About Banglalink

Banglalink, the country’s leading digital operator, places people at the heart of everything it does. Guided by a people first approach rooted in care, Banglalink works to make digital and financial services more accessible and meaningful in everyday life, ultimately making a better life for all. The company offers a range of digital solutions, including the MyBL super app, the country’s largest entertainment platform Toffee, and RYZE, the country’s first AI powered digital lifestyle brand for youth. Banglalink is a fully owned subsidiary of VEON, a Nasdaq listed global digital operator headquartered in Dubai.

Forward-Looking Statements

This press release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements relating to, among other things, VEON’s planned investment program in Bangladesh, the commercial development of Mukto Pay and Banglalink’s digital financial services, and the potential for additional investments and partnerships in Bangladesh. There are numerous risks and uncertainties that could cause actual results and performance to differ materially from those expressed by such statements, including risks relating to VEON’s operations in Bangladesh, regulatory approvals, macroeconomic and political conditions, and other factors discussed in the section entitled “Risk Factors” in VEON’s most recent annual report on Form 20-F filed with the U.S. Securities and Exchange Commission, as amended and supplemented from time to time, and in any subsequent filings with the SEC by VEON. The forward-looking statements contained herein speak only as of the date of this release and VEON disclaims any obligation to update or revise them, other than to the extent required by applicable law.

Contact Information

VEON
pr@veon.com

Symposium builds momentum for initiative targeting USD 1 billion in foreign direct investment in Bangladesh’s digital economy, anchored by VEON’s USD 250 million commitment

Dubai, United Arab Emirates and New York, September 28, 2026 – VEON Ltd. (Nasdaq: VEON), a global digital operator, and its operating subsidiary in Bangladesh, Banglalink, on Thursday hosted the inaugural investor symposium for the “Invest in Bangladesh NOW!” initiative in New York City, on the sidelines of the United Nations General Assembly. The closed-door roundtable brought together global investors, development finance institutions and Bangladeshi government officials to discuss investment opportunities in Bangladesh’s digital economy.

VEON’s “Invest in Bangladesh NOW!” initiative, launched earlier this year, is a proposed public-private partnership with the Government of Bangladesh and is anchored by VEON’s initial USD 250 million capital commitment, with the broader ambition of mobilizing USD 1 billion in total foreign direct investment into the country’s digital economy. This week’s symposium marks the first major international event under the initiative, bringing the investment case for Bangladesh directly to the global capital community in New York.

The event was attended by Bangladesh’s Honorable Finance Minister Amir Khosru Mahmud Chowdhury, alongside senior officials from the Government of Bangladesh. Also in attendance were senior representatives from the Government of the UAE, the US Department of State, and leading global investors and development finance institutions including BlackRock, Rothschild, the IFC and the World Bank.

“Bangladesh’s digital transformation creates a compelling opportunity for long-term investment,” said Kaan Terzioglu, Chief Executive Officer of VEON. “We are backing that opportunity with a USD 250 million commitment and bringing international partners together to help mobilize USD 1 billion into the country’s digital economy. Through Banglalink, we are expanding from connectivity into digital services that help people make payments, access opportunities and participate more fully in the economy. Our ambition is to turn investment into a better life for all.”

“VEON invests in markets whose digital potential is still underappreciated by global capital,” said Augie K Fabela II, Chairman and Founder of VEON. “Bangladesh is home to more than 170 million people, a young and ambitious population, and a digital economy that is accelerating quickly. Putting our own capital in first, ahead of other investors, reflects our long-term confidence in what this country is building.”

The event also spotlighted recent milestones in Banglalink’s digital expansion. The company has received approval from the Bangladesh Telecommunication Regulatory Commission (BTRC) to launch Starlink Direct-to-Cell satellite-to-mobile service, which will let compatible phones connect directly to satellites in areas without conventional coverage. This will make Bangladesh the first country in South Asia to introduce the technology. The Finance Minister also announced approval of a new digital bank license backed by VEON, Banglalink and Square Group, and this week Banglalink separately launched Mukto Pay, its new digital payments platform for transfers, merchant and bill payments, and disbursements.

“Today marks a defining moment in Banglalink’s evolution as a digital operator,” said Johan Buse, Chief Executive Officer of Banglalink. “By bringing together the world’s leading investors and development finance institutions in New York, VEON has created a platform for Bangladesh that we believe will generate real, sustained investment in our country’s digital future, and we are proud to be at the center of that story.”

About VEON

VEON is a digital operator that provides connectivity and digital services to more than 150 million connectivity customers and more than 228 million digital customers. Operating across five countries that are home to 550 million consumers, more than 6% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit: https://www.veon.com/.

About Banglalink

Banglalink, the country’s leading digital operator, places people at the heart of everything it does. Guided by a people first approach rooted in care, Banglalink works to make digital and financial services more accessible and meaningful in everyday life, ultimately making a better life for all. The company offers a range of digital solutions, including the MyBL super app, the country’s largest entertainment platform Toffee, and RYZE, the country’s first AI powered digital lifestyle brand for youth. Banglalink is a fully owned subsidiary of VEON, a Nasdaq listed global digital operator headquartered in Dubai.

Forward-Looking Statements

This press release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements relating to, among other things, VEON’s planned investment program in Bangladesh, the commercial development of Mukto Pay and Banglalink’s digital financial services, and the potential for additional investments and partnerships in Bangladesh. There are numerous risks and uncertainties that could cause actual results and performance to differ materially from those expressed by such statements, including risks relating to VEON’s operations in Bangladesh, regulatory approvals, macroeconomic and political conditions, and other factors discussed in the section entitled “Risk Factors” in VEON’s most recent annual report on Form 20-F filed with the U.S. Securities and Exchange Commission, as amended and supplemented from time to time, and in any subsequent filings with the SEC by VEON. The forward-looking statements contained herein speak only as of the date of this release and VEON disclaims any obligation to update or revise them, other than to the extent required by applicable law.

Contact Information

VEON
pr@veon.com

Broadcast and streaming events across battleground states highlight Gray’s comprehensive local coverage ahead of the November elections

          ATLANTA, Sept. 28, 2026 (GLOBE NEWSWIRE) — Once again, Gray Media’s television stations are engaged in extensive coverage of the November midterm elections, hosting major debates and candidate forums across Alaska, Georgia, Iowa, Minnesota, South Carolina, and Texas.   The upcoming broadcasts build on an active election cycle in which Gray stations have already carried more than 90 political debates and forums, most of which Gray stations hosted or co-hosted, providing candidates across all major political parties with several hundred hours of free airtime and production support across markets nationwide.  

          Of the more than 100 candidate forums brought to local communities by Gray Media’s local news stations, most of these events will allow voters to hear directly from candidates in many of the most watched and competitive races in the country.

          In Georgia, Gray and Atlanta News First (WANF) will host debates for the state’s top two races originating from Gray’s Assembly Studios in Doraville, and broadcasting and streaming these debates live across Gray stations in every Georgia media market.   Coverage begins Tuesday, October 6, with the Georgia Gubernatorial Town Hall Debate between Democratic nominee and former Atlanta Mayor Keisha Lance Bottoms and Republican challenger and healthcare executive Rick Jackson—the only debate between the two candidates. In a modified town hall format, undecided and persuadable likely Georgia voters will question the candidates on key statewide issues, including cost of living concerns and data center development.

          Georgia election coverage continues Thursday, October 8, with the Georgia U.S. Senate Debate between incumbent Democratic U.S. Sen. Jon Ossoff and Republican challenger U.S. Rep. Mike Collins.   In a traditional broadcast debate format, the two candidates will answer questions from a panel of journalists representing Gray Media stations across Georgia, moderated by Rick Folbaum, co-host of On the Record with Atlanta News First.

          Also in Georgia, WRDW and WAGT in Augusta will broadcast an exclusive 30-minute healthcare forum featuring Georgia’s candidates for governor.   The prerecorded special airs Sunday, October 11 and Monday, October 12.

          In Maine, Gray’s WABI (Bangor) and WAGM (Presque Isle) will partner to broadcast two key debates ahead of the November elections.   The stations will air a U.S. Senate debate on Tuesday, October 13, followed by a debate for Maine’s 2nd Congressional District on Thursday, October 15.

          In South Carolina, Gray stations will broadcast an exclusive live gubernatorial debate on Tuesday, October 6 originating from WIS studios in Columbia. Republican nominee Alan Wilson and Democratic nominee Jermaine Johnson will face off as voters prepare to elect a new governor for the first time in nearly a decade.   Moderated by WIS Anchor Judi Gatson, with questions from political reporters and anchors, the debate will air and stream live across Gray stations and digital platforms serving South Carolina, including WIS (Columbia), WHNS (Greenville-Spartanburg-Anderson), WCSC (Charleston), WMBF (Myrtle Beach), WAGT (Augusta-Aiken). In addition, WTOC in Savannah, Georgia, and WBTV in Charlotte, North Carolina, both Gray Media stations whose coverage areas extend into South Carolina, will also carry the debate.

          Additionally, WHNS will host a debate in the race for South Carolina’s 4th Congressional District on Thursday, October 8.   The broadcast will feature incumbent Republican U.S. Rep. William Timmons and Democratic nominee Courtney McClain from the FOX Carolina studio in Greenville.

          In Iowa, Gray’s KCRG (Cedar Rapids), KTIV (Sioux City) and KWQC (Davenport) will together host three debates for Iowa governor on Tuesday, October 6; Wednesday, October 14; and Tuesday, October 27.   KCRG and KWQC will also co-host a debate for Iowa’s 1st Congressional District on Tuesday, October 20.

          In Alaska, KTUU in Anchorage will partner with Alaska Public Media to co-produce and co-host three “Debate for the State” broadcasts, beginning with the Alaska gubernatorial debate on Thursday, October 8.   Coverage continues with the U.S. House debate on Wednesday, October 14, and concludes with the U.S. Senate debate on Thursday, October 15. Gray stations in Fairbanks and Juneau will also air these debates.

          In Texas, KWTX in Waco will partner with the Hispanic Leaders Network on Monday, October 19, to stream a candidate forum for Central Texas voters.   The streaming event features candidates running for Texas Senate District 22, Texas House of Representatives District 56, U.S. Congress District 17, Texas House of Representatives District 54, and McLennan County Commissioner Precinct 2.

          “Local journalism plays a critical role in a healthy democracy, and our stations take that responsibility seriously,” said Sandy Breland, Gray’s Chief Operating Officer.   “By bringing candidates directly to voters in clear, substantive, and accessible formats across broadcast and digital platforms, we ensure our communities have the trusted information they need before heading to the ballot box.”

          Viewers can check local Gray Media station listings, websites, and mobile apps for exact broadcast and streaming details for each event.

About Gray Media:

          Gray Media, Inc. (NYSE: GTN) is a multimedia company headquartered in Atlanta, Georgia. We are the nation’s largest owner of top-rated local television stations and digital assets. We serve 117 full-power television markets that collectively reach approximately 37% of US television households. The portfolio includes 78 markets with the top-rated television station and 101 markets with the first and/or second highest rated television station in average all-day ratings across the 116 of such markets that were measured by Nielsen in 2025. We also own the largest Telemundo Affiliate group with 46 markets and Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Our additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios.

Gray Contact:

Sandy Breland, Executive Vice President, Chief Operating Officer, 404-266-8333

#         #        #

Broadcast and streaming events across battleground states highlight Gray’s comprehensive local coverage ahead of the November elections

          ATLANTA, Sept. 28, 2026 (GLOBE NEWSWIRE) — Once again, Gray Media’s television stations are engaged in extensive coverage of the November midterm elections, hosting major debates and candidate forums across Alaska, Georgia, Iowa, Minnesota, South Carolina, and Texas.   The upcoming broadcasts build on an active election cycle in which Gray stations have already carried more than 90 political debates and forums, most of which Gray stations hosted or co-hosted, providing candidates across all major political parties with several hundred hours of free airtime and production support across markets nationwide.  

          Of the more than 100 candidate forums brought to local communities by Gray Media’s local news stations, most of these events will allow voters to hear directly from candidates in many of the most watched and competitive races in the country.

          In Georgia, Gray and Atlanta News First (WANF) will host debates for the state’s top two races originating from Gray’s Assembly Studios in Doraville, and broadcasting and streaming these debates live across Gray stations in every Georgia media market.   Coverage begins Tuesday, October 6, with the Georgia Gubernatorial Town Hall Debate between Democratic nominee and former Atlanta Mayor Keisha Lance Bottoms and Republican challenger and healthcare executive Rick Jackson—the only debate between the two candidates. In a modified town hall format, undecided and persuadable likely Georgia voters will question the candidates on key statewide issues, including cost of living concerns and data center development.

          Georgia election coverage continues Thursday, October 8, with the Georgia U.S. Senate Debate between incumbent Democratic U.S. Sen. Jon Ossoff and Republican challenger U.S. Rep. Mike Collins.   In a traditional broadcast debate format, the two candidates will answer questions from a panel of journalists representing Gray Media stations across Georgia, moderated by Rick Folbaum, co-host of On the Record with Atlanta News First.

          Also in Georgia, WRDW and WAGT in Augusta will broadcast an exclusive 30-minute healthcare forum featuring Georgia’s candidates for governor.   The prerecorded special airs Sunday, October 11 and Monday, October 12.

          In Maine, Gray’s WABI (Bangor) and WAGM (Presque Isle) will partner to broadcast two key debates ahead of the November elections.   The stations will air a U.S. Senate debate on Tuesday, October 13, followed by a debate for Maine’s 2nd Congressional District on Thursday, October 15.

          In South Carolina, Gray stations will broadcast an exclusive live gubernatorial debate on Tuesday, October 6 originating from WIS studios in Columbia. Republican nominee Alan Wilson and Democratic nominee Jermaine Johnson will face off as voters prepare to elect a new governor for the first time in nearly a decade.   Moderated by WIS Anchor Judi Gatson, with questions from political reporters and anchors, the debate will air and stream live across Gray stations and digital platforms serving South Carolina, including WIS (Columbia), WHNS (Greenville-Spartanburg-Anderson), WCSC (Charleston), WMBF (Myrtle Beach), WAGT (Augusta-Aiken). In addition, WTOC in Savannah, Georgia, and WBTV in Charlotte, North Carolina, both Gray Media stations whose coverage areas extend into South Carolina, will also carry the debate.

          Additionally, WHNS will host a debate in the race for South Carolina’s 4th Congressional District on Thursday, October 8.   The broadcast will feature incumbent Republican U.S. Rep. William Timmons and Democratic nominee Courtney McClain from the FOX Carolina studio in Greenville.

          In Iowa, Gray’s KCRG (Cedar Rapids), KTIV (Sioux City) and KWQC (Davenport) will together host three debates for Iowa governor on Tuesday, October 6; Wednesday, October 14; and Tuesday, October 27.   KCRG and KWQC will also co-host a debate for Iowa’s 1st Congressional District on Tuesday, October 20.

          In Alaska, KTUU in Anchorage will partner with Alaska Public Media to co-produce and co-host three “Debate for the State” broadcasts, beginning with the Alaska gubernatorial debate on Thursday, October 8.   Coverage continues with the U.S. House debate on Wednesday, October 14, and concludes with the U.S. Senate debate on Thursday, October 15. Gray stations in Fairbanks and Juneau will also air these debates.

          In Texas, KWTX in Waco will partner with the Hispanic Leaders Network on Monday, October 19, to stream a candidate forum for Central Texas voters.   The streaming event features candidates running for Texas Senate District 22, Texas House of Representatives District 56, U.S. Congress District 17, Texas House of Representatives District 54, and McLennan County Commissioner Precinct 2.

          “Local journalism plays a critical role in a healthy democracy, and our stations take that responsibility seriously,” said Sandy Breland, Gray’s Chief Operating Officer.   “By bringing candidates directly to voters in clear, substantive, and accessible formats across broadcast and digital platforms, we ensure our communities have the trusted information they need before heading to the ballot box.”

          Viewers can check local Gray Media station listings, websites, and mobile apps for exact broadcast and streaming details for each event.

About Gray Media:

          Gray Media, Inc. (NYSE: GTN) is a multimedia company headquartered in Atlanta, Georgia. We are the nation’s largest owner of top-rated local television stations and digital assets. We serve 117 full-power television markets that collectively reach approximately 37% of US television households. The portfolio includes 78 markets with the top-rated television station and 101 markets with the first and/or second highest rated television station in average all-day ratings across the 116 of such markets that were measured by Nielsen in 2025. We also own the largest Telemundo Affiliate group with 46 markets and Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Our additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios.

Gray Contact:

Sandy Breland, Executive Vice President, Chief Operating Officer, 404-266-8333

#         #        #

CALGARY, Alberta, Sept. 28, 2026 (GLOBE NEWSWIRE) — Yangarra Resources Ltd. (“Yangarra” or the “Company“) (TSX:YGR) provides an operations update underscoring the continued momentum of its Chambers Belly River development program and the strategic value of its integrated oilfield services platform.

Over the past two years, Yangarra has drilled 17 Belly River wells in Chambers, and materially advanced its Chambers Belly River program through a disciplined capital program totaling $58 million for drilling, completions and related land acquisitions. By the end of Q3 2026, the Company expects the Chambers Belly River program to have generated $45 million of cash flow, demonstrating the strength of the play. Current Belly River production is 1,450 boe/d (72% liquids), and Yangarra has assembled 106 future Belly River drilling locations in Chambers. The Company is evaluating a new area that could significantly expand its Belly River inventory and further enhance the depth of its development portfolio.

Yangarra’s Belly River development continues to benefit from optimized well design and field operations. A new design with a larger bottom hole pump delivered 2.5 times the productivity of the prior design on an IP90 basis in a direct offset comparison. Yangarra is advancing cost-effective initiatives to improve run-times and production.

During the third quarter, Yangarra completed farm-in commitments in South Chambers on several Cardium wells. These wells earn both Cardium and Belly River rights and are expected to be completed in the fourth quarter as natural gas prices strengthen into the winter season. The balance of Yangarra’s drilling program will continue to prioritize Belly River development and further delineation into West Chambers, supporting the Company’s focus on scalable, repeatable and capital-efficient growth opportunities.

As global oil prices strengthen and industry activity increases, Yangarra believes it is well positioned to benefit from the competitive advantage provided by its in-house oilfield services group (“OFS Group”). In an environment characterized by rising field service costs and tighter access to equipment and personnel, the OFS Group enhances Yangarra’s cost control, execution certainty and operational flexibility. As industry investment accelerates, this integrated platform will mitigate inflationary pressures, preserve the Company’s cost advantage and support efficient execution of its development plans.

Yangarra has updated its corporate presentation with additional information on the Company’s strategy, operations and development outlook. The presentation is available on the Company’s website at www.yangarra.ca.

Forward Looking Information

This press release contains forward-looking statements and forward-looking information (collectively “forward-looking information”) within the meaning of applicable securities laws relating to the Company’s plans and other aspects of our anticipated future operations, management focus, strategies, financial, operating and production results and business opportunities. Forward-looking information typically uses words such as “anticipate”, “believe”, “continue”, “sustain”, “project”, “expect”, “forecast”, “budget”, “goal”, “guidance”, “plan”, “objective”, “strategy”, “target”, “intend” or similar words suggesting future outcomes, statements that actions, events or conditions “may”, “would”, “could” or “will” be taken or occur in the future, including, but not limited to, statements on potential completion techniques being considered. Statements relating to “reserves” are also deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves described exist in the quantities predicted or estimated and that the reserves can be profitably produced in the future. Forward-looking information in this release includes information relating to, among other things, the Company’s drilling and completion plans; the timing of wells being brought onstream; anticipated production levels, expected performance and payback; and the Company’s future drilling, completion, development and capital expenditure plans.

The forward-looking information is based on certain key expectations and assumptions made by our management, including expectations and assumptions concerning prevailing commodity prices, exchange rates, interest rates, applicable royalty rates and tax laws; future production rates and estimates of operating costs; performance of existing and future wells; reserve volumes; anticipated timing and results of capital expenditures; the success obtained in drilling new wells; the sufficiency of budgeted capital expenditures in carrying out planned activities; benefits to shareholders of our programs and initiatives, the timing, location and extent of future drilling operations; the state of the economy and the exploration and production business; results of operations; performance; business prospects and opportunities; the availability and cost of financing, labour and services; the impact of increasing competition; ability to efficiently integrate assets and employees acquired through acquisitions, ability to market oil and natural gas successfully and our ability to access capital.

Although we believe that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Yangarra can give no assurance that they will prove to be correct. Since forward-looking information addresses future events and conditions, by its very nature they involve inherent risks and uncertainties. Our actual results, performance or achievement could differ materially from those expressed in, or implied by, the forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that we will derive therefrom. Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide security holders with a more complete perspective on our future operations and such information may not be appropriate for other purposes.

Readers are cautioned that the foregoing lists of factors are not exhaustive. Additional information on these and other factors that could affect our operations or financial results are included in reports on file with applicable securities regulatory authorities and may be accessed through the SEDAR+ website (www.sedarplus.ca).

These forward-looking statements are made as of the date of this press release and we disclaim any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

All reference to $ (funds) are in Canadian dollars.

Neither the TSX nor its Regulation Service Provider (as that term is defined in the Policies of the TSX) accepts responsibility for the adequacy and accuracy of this release.

For further information, please contact James Evaskevich, CEO 403-262-9558.

This press release was published by a CLEAR® Verified individual.

CALGARY, Alberta, Sept. 28, 2026 (GLOBE NEWSWIRE) — Yangarra Resources Ltd. (“Yangarra” or the “Company“) (TSX:YGR) provides an operations update underscoring the continued momentum of its Chambers Belly River development program and the strategic value of its integrated oilfield services platform.

Over the past two years, Yangarra has drilled 17 Belly River wells in Chambers, and materially advanced its Chambers Belly River program through a disciplined capital program totaling $58 million for drilling, completions and related land acquisitions. By the end of Q3 2026, the Company expects the Chambers Belly River program to have generated $45 million of cash flow, demonstrating the strength of the play. Current Belly River production is 1,450 boe/d (72% liquids), and Yangarra has assembled 106 future Belly River drilling locations in Chambers. The Company is evaluating a new area that could significantly expand its Belly River inventory and further enhance the depth of its development portfolio.

Yangarra’s Belly River development continues to benefit from optimized well design and field operations. A new design with a larger bottom hole pump delivered 2.5 times the productivity of the prior design on an IP90 basis in a direct offset comparison. Yangarra is advancing cost-effective initiatives to improve run-times and production.

During the third quarter, Yangarra completed farm-in commitments in South Chambers on several Cardium wells. These wells earn both Cardium and Belly River rights and are expected to be completed in the fourth quarter as natural gas prices strengthen into the winter season. The balance of Yangarra’s drilling program will continue to prioritize Belly River development and further delineation into West Chambers, supporting the Company’s focus on scalable, repeatable and capital-efficient growth opportunities.

As global oil prices strengthen and industry activity increases, Yangarra believes it is well positioned to benefit from the competitive advantage provided by its in-house oilfield services group (“OFS Group”). In an environment characterized by rising field service costs and tighter access to equipment and personnel, the OFS Group enhances Yangarra’s cost control, execution certainty and operational flexibility. As industry investment accelerates, this integrated platform will mitigate inflationary pressures, preserve the Company’s cost advantage and support efficient execution of its development plans.

Yangarra has updated its corporate presentation with additional information on the Company’s strategy, operations and development outlook. The presentation is available on the Company’s website at www.yangarra.ca.

Forward Looking Information

This press release contains forward-looking statements and forward-looking information (collectively “forward-looking information”) within the meaning of applicable securities laws relating to the Company’s plans and other aspects of our anticipated future operations, management focus, strategies, financial, operating and production results and business opportunities. Forward-looking information typically uses words such as “anticipate”, “believe”, “continue”, “sustain”, “project”, “expect”, “forecast”, “budget”, “goal”, “guidance”, “plan”, “objective”, “strategy”, “target”, “intend” or similar words suggesting future outcomes, statements that actions, events or conditions “may”, “would”, “could” or “will” be taken or occur in the future, including, but not limited to, statements on potential completion techniques being considered. Statements relating to “reserves” are also deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves described exist in the quantities predicted or estimated and that the reserves can be profitably produced in the future. Forward-looking information in this release includes information relating to, among other things, the Company’s drilling and completion plans; the timing of wells being brought onstream; anticipated production levels, expected performance and payback; and the Company’s future drilling, completion, development and capital expenditure plans.

The forward-looking information is based on certain key expectations and assumptions made by our management, including expectations and assumptions concerning prevailing commodity prices, exchange rates, interest rates, applicable royalty rates and tax laws; future production rates and estimates of operating costs; performance of existing and future wells; reserve volumes; anticipated timing and results of capital expenditures; the success obtained in drilling new wells; the sufficiency of budgeted capital expenditures in carrying out planned activities; benefits to shareholders of our programs and initiatives, the timing, location and extent of future drilling operations; the state of the economy and the exploration and production business; results of operations; performance; business prospects and opportunities; the availability and cost of financing, labour and services; the impact of increasing competition; ability to efficiently integrate assets and employees acquired through acquisitions, ability to market oil and natural gas successfully and our ability to access capital.

Although we believe that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Yangarra can give no assurance that they will prove to be correct. Since forward-looking information addresses future events and conditions, by its very nature they involve inherent risks and uncertainties. Our actual results, performance or achievement could differ materially from those expressed in, or implied by, the forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that we will derive therefrom. Management has included the above summary of assumptions and risks related to forward-looking information provided in this press release in order to provide security holders with a more complete perspective on our future operations and such information may not be appropriate for other purposes.

Readers are cautioned that the foregoing lists of factors are not exhaustive. Additional information on these and other factors that could affect our operations or financial results are included in reports on file with applicable securities regulatory authorities and may be accessed through the SEDAR+ website (www.sedarplus.ca).

These forward-looking statements are made as of the date of this press release and we disclaim any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

All reference to $ (funds) are in Canadian dollars.

Neither the TSX nor its Regulation Service Provider (as that term is defined in the Policies of the TSX) accepts responsibility for the adequacy and accuracy of this release.

For further information, please contact James Evaskevich, CEO 403-262-9558.

This press release was published by a CLEAR® Verified individual.