Mr. Alex Verge reports

JOURNEY ENERGY INC. REPORTS ON VOTING FROM THE 2025 ANNUAL SHAREHOLDERS MEETING

Journey Energy Inc. has released the voting results from its annual general meeting held on May 22, 2025, pursuant to Section 11.3 of National Instrument 51-102 (Continuous Disclosure Obligations). Journey is pleased to report that all resolutions were approved by the shareholders, and the details of the voting results are contained below.

1. Fixing the number of directors to be elected at the meeting

On a vote by proxy, the number of directors of the company to be elected at the meeting was fixed at six members. The numbers in respect of the vote are based on the proxies received.

Votes for      % for   Votes against   % against

28,696,094     85.67       4,800,998       14.33  

2. Election of directors

On a vote by ballot, each of the following six nominees proposed by management was elected to serve as a director of the company until the next annual meeting of shareholders, or until their successors are duly elected or appointed, subject to the provisions of the Business Corporations Act (Alberta) and the bylaws of the company.

 
Nominees               Votes for   % for    Votes withheld   % withheld

Craig H. Hansen       24,138,030   81.64         5,428,552        18.36   
Jenna M. Kaye         23,809,514   80.53         5,757,068        19.47   
Thomas J. Mullane     24,240,395   81.99         5,326,187        18.01   
Reginald S. Smith     23,481,426   79.42         6,085,156        20.58   
Scott A. Treadwell    24,543,991   83.01         5,022,591        16.99   
Alex G. Verge         23,802,307   80.50         5,764,275        19.50    

3. Appointment of auditor

On a vote by proxy, KPMG LLP, chartered professional accountants, was appointed as auditor of the company until the next annual meeting of shareholders, and the directors of the company were authorized to fix its remuneration as such. The numbers in respect of the vote are based on the proxies received.

Votes for     % for    Votes withheld   % withheld

32,617,308    97.37           879,785         2.63   

4. Advance notice bylaw

On a vote by ballot, the advance notice bylaw dealing with the advance notice of nomination of directors of the corporation was approved.

 
Votes for    % for   Votes withheld   % withheld

24,274,170   82.10        5,292,412        17.90