IPC Updated Share Capital (October 31, 2025)

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 24,538 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 112,155,527 common shares with voting rights as at October 31, 2025 and IPC holds no common shares in treasury.