Ms. Rebecca Gordon reports

INTERNATIONAL PETROLEUM CORPORATION ANNOUNCES APPOINTMENT OF NEW DIRECTOR

International Petroleum Corp. has appointed Deborah Starkman to the corporation's board of directors. The appointment is effective Nov. 27, 2023, and increases the board to seven directors. As previously announced, William Lundin will also be appointed to the board as of Jan. 1, 2024, increasing the board to eight directors.

Ms. Starkman is currently the chief financial officer of Dream Unlimited Corp., a Toronto Stock Exchange-listed real estate developer and asset management business in Canada and the United States. Ms. Starkman is responsible for overseeing the financial management of Dream. She currently oversees the shared services platform, including information and technology, people and culture, office services, legal, treasury, and development accounting. Ms. Starkman was previously the chief financial officer and corporate secretary of GMP Capital Inc., a Canadian independent financial services firm. Prior to joining GMP, she was managing director, product finance, at the brokerage arm of a major Canadian bank. Ms. Starkman has a BA in political science from the University of Western Ontario, and a BComm from the University of Windsor. Ms. Starkman is a chartered professional accountant, holds a chartered financial analyst designation, and has received the ICDD certification from the Institute of Corporate Directors.

About International Petroleum Corp.

International Petroleum is an international oil and gas exploration and production company with a high-quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. International Petroleum is a member of the Lundin group of companies.

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