Ms. Lisa Mitchell reports

ORCA ANNOUNCES RESULTS OF THE ANNUAL MEETING OF SHAREHOLDERS

Orca Energy Group Inc. has provided the voting results from its annual meeting of shareholders held on June 21, 2023. The results for each of the resolutions set forth in the company's management proxy circular dated May 18, 2023, are set forth in the attached table.

1. Fixing the number of directors

By ordinary resolution passed via ballot, the number of directors to be elected at the meeting was fixed at five members. The results of the ballot were as displayed in the attached table.

        Percentage of votes cast 
               at the meeting (%)   

Class       For          Against           

    A   100.00%            0.00%         
    B    99.94%            0.06%       

2. Election of directors

By ordinary resolution passed via ballot, all of the nominees proposed as directors were duly elected as directors of Orca to serve until the next annual meeting or until their successors are duly appointed or elected. The results of the ballot were as displayed in the attached table.

                          Percentage of votes cast
                                 at the meeting (%)  
                                                                            
Name of nominee       Class         For   Withheld     

David Ross                A     100.00%      0.00%
                          B      99.59%      0.41%   
Jay Lyons                 A     100.00%      0.00%
                          B      96.22%      3.78%
Linda Beal                A     100.00%      0.00%
                          B      99.72%      0.28%
Dr. Frannie Leautier      A     100.00%      0.00%
                          B      99.72%      0.28%   
Lisa Mitchell             A     100.00%      0.00%
                          B      96.22%      3.78%   

3. Appointment of auditors

By ordinary resolution passed via ballot, KPMG LLP, chartered professional accountants, was appointed as auditor of the company until the next annual meeting or until its successors are duly appointed, and the directors were authorized to fix their remuneration. The results of the ballot were as displayed in the attached table.

        Percentage of votes cast 
               at the meeting (%)   

Class       For          Against           

    A    100.00%           0.00%   
    B     99.76%           0.24%   

About Orca Energy Group Inc.

Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Ltd. Orca trades on the TSX Venture Exchange under the trading symbols ORC.A and ORC.B.