Mr. Dave Burton reports

LYCOS ENERGY INC. ANNOUNCES RETIREMENT OF KEL JOHNSTON FROM BOARD

Kel Johnston will retire from his role as a director on Lycos Energy Inc.'s board of directors, effective Dec. 31, 2025.

Mr. Johnston has served on the board since 2018 under the company's predecessor, Chronos Resources Ltd., and continued his service through the company's transition to Lycos. The board and management would like to thank Mr. Johnston for his many years of dedication, guidance and contributions to the company and its shareholders and wish him all the best in his retirement.

The company will not be immediately appointing a replacement director and will review its board composition in due course.

About Lycos Energy Inc.

Lycos is an oil-focused exploration, development and production company based in Calgary, Alta., operating high-quality, heavy-oil development assets in central Alberta.