IPC Updated Share Capital (November 29, 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 361,937 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 119,882,701 common shares with voting rights as at November 29, 2024 and IPC holds no common shares in treasury.