An anonymous director reports

ARC RESOURCES LTD. ANNOUNCES OFFERING OF SENIOR UNSECURED NOTES

ARC Resources Ltd. has arranged an offering of $950-million aggregate principal amount of senior unsecured notes, consisting of $400-million aggregate principal amount of 3.349 per cent senior unsecured notes, Series 5, due 2029, and $550-million aggregate principal amount of 4.104 per cent senior unsecured notes, Series 6, due 2033. The closing of the offering is expected to occur on or about Feb. 25, 2026. Morningstar DBRS has assigned a provisional rating of BBB with a stable trend to the notes.

ARC intends to use the net proceeds of the offering to finance the redemption of its $450-million aggregate principal amount of 2.354 per cent Series 1 notes, as well as to repay the outstanding amounts under ARC's current $500-million term loan.

The notes will be direct, senior unsecured obligations of ARC, and will rank equally and pari passu with all other existing and future unsecured and unsubordinated indebtedness of the company.

The notes are being offered through a syndicate of agents co-led by CIBC Capital Markets, RBC Capital Markets and TD Securities.

About ARC Resources Ltd.

ARC Resources is a pure play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations. ARC's investment-grade credit profile is supported by commodity and geographic diversity and robust risk management practices around all aspects of the business. ARC's common shares trade on the Toronto Stock Exchange under the symbol ARX.

We seek Safe Harbor.