Mr. Philip O'Quigley reports

FALCON OIL & GAS LTD. - NOTICE OF ANNUAL GENERAL AND SPECIAL SHAREHOLDER MEETING AND MANAGEMENT INFORMATION CIRCULAR

Falcon Oil & Gas Ltd. will hold its annual general and special shareholder meeting at the Conrad Hotel, Earlsfort Terrace, Dublin 2, Ireland, on Aug. 27, 2025, at 11 a.m. Dublin time. A complete notice and related documents are now available on SEDAR+ and Falcon's website and are being sent to shareholders of record as at July 21, 2025.

About Falcon Oil & Gas Ltd.

Falcon Oil & Gas is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas is incorporated in British Columbia, Canada, and headquartered in Dublin, Ireland.