IPC Updated Share Capital February 27, 2026

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.