IPC Updated Share Capital (March 28 2024)

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 cancellation of 445,000 common shares repurchased by IPC under the normal course issuer bid / share repurchase program, the total number of issued and outstanding common shares of the Corporation is 125,438,160 common shares with voting rights as at March 28, 2024 and IPC holds no common shares in treasury.