Mr. Jean-Paul Lachance reports

PEYTO EXPLORATION & DEVELOPMENT CORP. CONFIRMS MONTHLY DIVIDEND FOR OCTOBER 13, 2023

Peyto Exploration & Development Corp. confirms that the monthly dividend with respect to September, 2023, of 11 cents per common share is to be paid on Oct. 13, 2023, for shareholders of record on Sept. 30, 2023.

Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

We seek Safe Harbor.