Mr. Jean-Paul Lachance reports

PEYTO EXPLORATION & DEVELOPMENT CORP. CONFIRMS MONTHLY DIVIDEND FOR DECEMBER 15, 2023

Peyto Exploration & Development Corp. has confirmed that the monthly dividend with respect to November, 2023, of 11 cents per common share is to be paid on Dec. 15, 2023, for shareholders of record on Nov. 30, 2023.

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

We seek Safe Harbor.