International Petroleum Corporation Updated Share Capital

27 Feb 2026 17:30 CET

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq
Stockholm: IPCO) reports the following, in accordance with the Swedish Financial
Instruments Trading Act:

Following the issuance of 671,225 common shares by IPC in connection with the
vesting of employee share units under the Corporation's Share Unit Plan, the
total number of issued and outstanding common shares of the Corporation is
112,826,752 common shares with voting rights as at February 27, 2026 and IPC
holds no common shares in treasury.

International Petroleum Corp. (IPC) is an international oil and gas exploration
and production company with a high quality portfolio of assets located in
Canada, Malaysia and France, providing a solid foundation for organic and
inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is
incorporated in Canada and IPC's shares are listed on the Toronto Stock Exchange
(TSX) and the Nasdaq Stockholm exchange under the symbol "IPCO".

For further information, please contact:

Rebecca Gordon   Robert Eriksson
SVP Corporate Planning and Investor Relations Media Manager
rebecca.gordon@international-petroleum.com Or reriksson@rive6.ch
Tel: +41 22 595 10 50 Tel: +46 701 11 26 15




This information is information that International Petroleum Corporation is
required to make public pursuant to the Swedish Financial Instruments Trading
Act. The information was submitted for publication, through the contact persons
set out above, at 17:30 CET on February 27, 2026.

More information:
Access the news on Oslo Bors NewsWeb site

667172_IPC PR Updated Share Capital 27-02-2026.pdf