Mr. Mark Chyc-Cies reports

GIBSON ENERGY DECLARES DIVIDEND

Gibson Energy Inc.'s board of directors has approved a quarterly dividend of 39 cents per common share payable on July 17, 2023, to shareholders of record at the close of business June 30, 2023. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividends are subject to Canadian withholding tax.

About Gibson Energy Inc.

Gibson is a Canadian-based liquids infrastructure company with its principal businesses consisting of the storage, optimization, processing and gathering of liquids and refined products. Headquartered in Calgary, Alta., the company's operations are focused around its core terminal assets located at Hardisty and Edmonton, Alta., and include the Moose Jaw facility and an infrastructure position in the United States.

Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange.