Mr. Matthew Klukas reports

CRITERIUM ENERGY LTD. ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Criterium Energy Ltd. has released the results of its annual general meeting of shareholders, which took place on June 16, 2026. These results and the management presentation provided are also available on the company's website.

"On behalf of the board of directors and management team, we extend our sincere appreciation to our dedicated and engaged shareholder base, which continues to grow," said Matthew Klukas, president and chief executive officer of Criterium. "The strategic diversification towards gas has resulted in a 70-per-cent increase in 2P reserves and is supported by mid- to long-term oil optionality in our existing fields via waterflood and accessing new reservoir intervals. Execution is now critical to deliver first gas from SE-MGH and continue to build on this momentum, converting resources, to reserves, to cash flow. The continued involvement from our shareholders reflects strong support for our strategy of delivering results driving growth throughout our portfolio, and a shared understanding of the opportunities in the Southeast Asia region."

Results of the shareholder votes on all matters to be considered are as shown in the attached table.

Appointment of auditor

The reapproval of EY Canada LLP as the company's auditor for the year 2026 was approved with 100 per cent of the votes cast.

Stay connected to Criterium

Shareholders and other interested parties who would like to learn more about the Criterium opportunity are encouraged to visit the company's website, review a recent corporate presentation, and follow the company on X (formerly Twitter) and LinkedIn for continuing corporate updates and relevant international oil and gas industry information.