Mr. Abdel Badwi reports

TAG OIL ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES

TAG Oil Ltd. has engaged the services of ICP Securities Inc. to provide automated market-making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of $7,500, plus applicable taxes. The agreement between the company and ICP was signed with a start date of Nov. 24, 2025, is for four months, and shall be automatically renewed for subsequent one-month terms unless either party provides at least 30 days written notice prior to the end of the initial term or an additional term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP and the company are arm's length, unrelated and unaffiliated entities, and, at the time of the agreement, neither ICP nor its principals have an interest, directly or indirectly, in the securities of the company. ICP and its clients may acquire an interest in the securities of the company in the future, subject to compliance with the policies and guidelines of the TSX-V.

About TAG Oil Ltd.

TAG Oil is a Canadian-based international oil and gas exploration company with a focus on operations and opportunities in the Middle East and North Africa.

We seek Safe Harbor.