Mr. Casey McCandless reports

TETHYS PETROLEUM ANNOUNCES ANNUAL GENERAL MEETING RESOLUTION UPDATE

Tethys Petroleum Ltd. has been provided with notices of intention to nominate directors of the company at the annual general meeting of shareholders to be held on Aug. 11, 2025.

Fincraft Group LLP has given notice of its intention to nominate Askar Ismailov as a director. Gazexport Ltd. has given notice of its intention to nominate Paul J. Ostling and Piers Johnson as directors.

Fincraft has not provided the company with biographical information in respect of Mr. Ismailov. Gazexport has provided to the company biographical information in respect of Mr. Ostling and Mr. Johnson, which is generally summarized as follows:

• Mr. Ostling served as an attorney for Ernst & Young for 30 years handling complex regulatory and corporate matters. He has served on a number of boards of directors, run several companies and developed his own entrepreneurial pursuits. He has particular expertise in large telecoms, industrial mining chemicals and complex global distribution enterprises. Current board memberships and operating roles include CinemaLab, Pismos Technology International Inc., Business Council for International Understanding and Fordham University school of law.
• Mr. Johnson extensively trained in the petroleum business after working for Flopetrol Johnston Schlumberger. He started at Oilfield Production Consultants Ltd., a petroleum and reservoir engineering consultancy specializing in operational procedures, integrated studies, well site supervision and well test analysis.

Management of Tethys has not undertaken any independent review of the credentials of such nominees, and consideration of such nominees will be addressed at the coming shareholder meeting.

About Tethys Petroleum Ltd.

Tethys is focused on oil and gas exploration and production activities in central Asia and the Caspian region.

We seek Safe Harbor.