File: Attachment 20260501_GTOO_NR_Appoints New President & Board Member_(CSE).pdf

G2 Energy Appoints New President & Board Member

Vancouver, British Columbia May 1, 2026. G2 Energy Corp. (CSE: GTOO, FWB: UD9) (the "Company" or "G2") is pleased to announce the appointment of Mr. Richard Cindric as President of the Company, effective immediately. Mr. Cindric will also join the board of directors.

Mr. Cindric has over 15 years of experience in the Canadian financial industry, including corporate finance and the management of public companies, with a focus on natural resources and technology. Mr. Cindric has previously held board seats with public companies listed on the CSE. Over the past five years, Mr. Cindric has developed relationships in the oil and gas sector. These relationships provide access to producing oil fields with associated proven reserves and assets that are expected to be cash-flow positive at current oil and gas prices.

Mr. Cindric stated: "I am very excited to join the G2 team and to be part of its vision. Together, we have identified legacy oil and gas fields that may be viable for horizontal rework programs in Texas and the surrounding states. Our first objective will be to address the Company's Cease Trade Order and trading suspension under CSE Policy 3. As the new President, I believe this is an excellent opportunity for G2 Energy to resume trading on the CSE and pursue revenue-generating energy assets, with the objective of restoring shareholder value."

Slawek Smulewicz commented: "I would like to welcome Richard Cindric to the Company's Board of Directors. I look forward to his contributions as a member of our team as we move forward and build the production profile of the Company."

On Behalf of the Board,

"Slawek Smulewicz" Slawek Smulewicz Chairman, CEO

For further information, please contact:

Richard Cindric G2 Energy Corp. Suite 408 - 55 Water St. Vancouver, British Columbia, V6B 1A1 Telephone: (604) 719-1796 email: richard.cindric@financier.com

About G2 Energy Corp. Headquartered in British Columbia, Canada, G2 Energy Corp. is a junior oil and gas producer listed on the Canadian Securities Exchange. Its primary focus is to acquire and develop overlooked, low-risk, high-return opportunities in the oil and gas sector. G2's strategy is to build a portfolio of risk-managed production and development opportunities onshore in the U.S. G2 is targeting top-tier projects with operating netbacks and existing infrastructure facilities that can help accelerate overall oil and gas production growth. The Canadian Securities Exchange has neither approved nor disapproved the information contained herein.

G2 Energy Corp. 408 55 Water Street, Vancouver, BC, Canada, V6B1A1 | T +1 778 300 5387 Forward Looking Statements Caution

Statements in this press release regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking terminology such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. The Company provides forward-looking statements to convey current expectations and plans relating to the future, including expectations regarding the Company's ability to meet its outstanding obligations. Readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions may not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities may not be achieved. These risks and uncertainties include but are not limited to those identified and reported in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. The Company's ability to meet its outstanding obligations could differ materially from those currently anticipated due to factors such as: the performance of facilities and pipelines, commodity prices, price volatility, price differentials and the actual prices received for the Company's products, royalty regimes and exchange rates, the availability of capital, labour and services, the creditworthiness of industry partners, G2's ability to acquire additional assets, unexpected increases in operating costs, and risks associated with potential future lawsuits and regulatory actions made against the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially.

File: '\\swfile\EmailIn\20260501 075155 Attachment 20260501_GTOO_NR_Appoints New President & Board Member_(CSE).docx'

G2 Energy Corp.

408- 55 Water Street, Vancouver, BC, Canada, V6B1A1 | T +1 778 300 5387

G2 Energy Appoints New President & Board Member

Vancouver, British Columbia - May 1, 2026. G2 Energy Corp. (CSE: GTOO, FWB: UD9) (the "Company" or "G2") is pleased to announce the appointment of Mr. Richard Cindric as President of the Company, effective immediately. Mr. Cindric will also join the board of directors.

Mr. Cindric has over 15 years of experience in the Canadian financial industry, including corporate finance and the management of public companies, with a focus on natural resources and technology. Mr. Cindric has previously held board seats with public companies listed on the CSE. Over the past five years, Mr. Cindric has developed relationships in the oil and gas sector. These relationships provide access to producing oil fields with associated proven reserves and assets that are expected to be cash-flow positive at current oil and gas prices.

Mr. Cindric stated: "I am very excited to join the G2 team and to be part of its vision. Together, we have identified legacy oil and gas fields that may be viable for horizontal rework programs in Texas and the surrounding states. Our first objective will be to address the Company's Cease Trade Order and trading suspension under CSE Policy 3. As the new President, I believe this is an excellent opportunity for G2 Energy to resume trading on the CSE and pursue revenue-generating energy assets, with the objective of restoring shareholder value."

Slawek Smulewicz commented: "I would like to welcome Richard Cindric to the Company's Board of Directors. I look forward to his contributions as a member of our team as we move forward and build the production profile of the Company."

On Behalf of the Board,

"Slawek Smulewicz"

Slawek Smulewicz

Chairman, CEO

For further information, please contact:

Richard Cindric

G2 Energy Corp.

Suite 408 - 55 Water St.

Vancouver, British Columbia, V6B 1A1

Telephone: (604) 719-1796

email: richard.cindric@financier.com

About G2 Energy Corp.

Headquartered in British Columbia, Canada, G2 Energy Corp. is a junior oil and gas producer listed on the Canadian Securities Exchange. Its primary focus is to acquire and develop overlooked, low-risk, high-return opportunities in the oil and gas sector. G2's strategy is to build a portfolio of risk-managed production and development opportunities onshore in the U.S. G2 is targeting top-tier projects with operating netbacks and existing infrastructure facilities that can help accelerate overall oil and gas production growth.

The Canadian Securities Exchange has neither approved nor disapproved the information contained herein.

Forward Looking Statements Caution

Statements in this press release regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking terminology such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. The Company provides forward-looking statements to convey current expectations and plans relating to the future, including expectations regarding the Company's ability to meet its outstanding obligations. Readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions may not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities may not be achieved. These risks and uncertainties include but are not limited to those identified and reported in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. The Company's ability to meet its outstanding obligations could differ materially from those currently anticipated due to factors such as: the performance of facilities and pipelines, commodity prices, price volatility, price differentials and the actual prices received for the Company's products, royalty regimes and exchange rates, the availability of capital, labour and services, the creditworthiness of industry partners, G2's ability to acquire additional assets, unexpected increases in operating costs, and risks associated with potential future lawsuits and regulatory actions made against the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially.