An anonymous director reports

VERMILION ENERGY INC. ANNOUNCES $0.10 CDN CASH DIVIDEND FOR JULY 17, 2023 PAYMENT DATE

Vermilion Energy Inc. has declared a cash dividend of 10 cents per share, payable on July 17, 2023, to all shareholders of record on June 30, 2023. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

About Vermilion Energy Inc.

Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. The company's business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.

Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to the company than the safety of the public and those who work with it, and the protection of its natural surroundings. The company has been recognized by leading environmental, social and governance rating agencies for its transparency on and management of key environmental, social and governance issues. In addition, the company emphasizes strategic community investment in each of its operating areas.