IPC Announces 2023 Annual General Meeting Voting Results

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation’s 2023 Annual General Meeting of Shareholders held on May 3, 2023 in Calgary, Alberta. Number of Directors

The number of Directors of the Corporation was set at six.

Votes For	% For	Votes Against	% Against
66,535,528	99.99%	8,467	0.01%

Election of Directors

The six nominees listed in the Corporation’s management information circular dated March 24, 2023 (the Circular) were elected as Directors of the Corporation to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed, unless the office is earlier vacated, as described in the Circular.

Nominee	Votes For	% For	Votes Withheld	% Withheld
C. Ashley Heppenstall	57,907,262	87.02%	8,636,733	12.98%
Mike Nicholson	66,471,481	99.89%	72,514	0.11%
Donald K. Charter	58,207,100	87.47%	8,336,895	12.53%
Chris Bruijnzeels	61,268,653	92.07%	5,275,342	7.93%
Emily Moore	66,445,834	99.85%	98,161	0.15%
Lukas H. (Harry) Lundin	63,612,927	95.60%	2,931,068	4.40%

Appointment of Auditor

PricewaterhouseCoopers SA was appointed as auditor of the Corporation until the next annual general meeting of shareholders and the Directors of the Corporation were authorized to fix the auditor’s remuneration.

Votes For	% For	Votes Withheld	% Withheld
66,975,500	99.76%	164,245	0.24%

Votes For	% For	Votes Against	% Against
66,535,528	99.99%	8,467	0.01%

Nominee	Votes For	% For	Votes Withheld	% Withheld
C. Ashley Heppenstall	57,907,262	87.02%	8,636,733	12.98%
Mike Nicholson	66,471,481	99.89%	72,514	0.11%
Donald K. Charter	58,207,100	87.47%	8,336,895	12.53%
Chris Bruijnzeels	61,268,653	92.07%	5,275,342	7.93%
Emily Moore	66,445,834	99.85%	98,161	0.15%
Lukas H. (Harry) Lundin	63,612,927	95.60%	2,931,068	4.40%

Votes For	% For	Votes Withheld	% Withheld
66,975,500	99.76%	164,245	0.24%