Mr. Grant Fagerheim reports

WHITECAP RESOURCES INC. CONFIRMS MONTHLY DIVIDEND FOR MARCH 2025 OF $0.0608 PER SHARE

Whitecap Resources Inc. has declared a cash dividend of 6.08 cents per common share in respect of March operations to be paid on April 15, 2025, to shareholders of record on March 31, 2025. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

About Whitecap Resources Inc.

Whitecap is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. Its business is focused on profitable production growth combined with sustainable dividends to shareholders. Its objective is to fully finance its capital expenditures and dividend payments within funds flow.