International Oil Corporation (IPC or The Corporation) (TSX, NASDAQ Stockholm: IPCO) is pleased to report that the IPC has completed the current redemption / shares program (NCIB), acquiring the cancellation of 7.465 356 IPCs in the period from September 2025, which is September 2025, which It represents approximately 6.2% of the total total shares from the total updated shares from the total updated shares from the general common shares from the general common shares from the common common shares from the general general shares from the general general shares from the general share of the general renewed shares from the common peel. NCIB. The IPC expects to extend its NCIB for another twelve months from December 2025 to December 2026, provided that Toronto (TSX) adopted on the TOST stock exchange. In accordance with the updated NCIB 2025/2026, the IPC will have the right to purchase on TSX and/or NASDAQ Stockholm and cancel approximately 6.5 million total shares, which is approximately 5.8% of the total number of conventional shares (or 10% of the IPC public swimming in accordance with the applicable TSX rules).
In the period from September 22 to 26, 2025, the IPC bought a total of 141,764 ordinary IPC shares (ISIN: CA46016U1084) in accordance with NCIB.
NCIB from the IPC, announced on December 3, 2024, is introduced in accordance with the regulation of market abuse (EU) No. 596/2014 (Mar) and the delegated commission rule (EU) No. 2016/1052 (regulation of a safe harbor) and applicable rules and policies in accordance with the legislation of Swarinitions and Swadiinis -Seadinininininis appalininis -seadiniarinis appalininis appalininis -seadiniarinis.
In the period from September 22 to 26, 2025, the IPC bought a total of 99,063 IPC shares on the NASDAQ Stockholm. All these ransies of shares were made by Pareto Securities AB on behalf of IPC.
The resume and detailed defeated transactions conducted on the Nasdaq Stockholm in the period from September 22 to 26, 2025. According to Article 5.3 of the Mar and Article 2.3 of the SAFE Harbor regulations, it is available with this press release on the IPC website: www.international-petroleum.com/news-and-media/press-releasesField
During the same period, the IPC acquired a total of 42,701 ordinary IPC shares on TSX. All these ransies of shares were made by ATB Securities Inc. On behalf of the MPC.
All ordinary shares redundant IPC in accordance with NCIB will be canceled. During September 2025, the MPC canceled 600,437 ordinary shares purchased in accordance with NCIB, and another 50,000 ordinary shares acquired in accordance with other exceptions to Canada. As of September 30, 2025, the total number of issued and outstanding general shares of the MPC is 112 180 065 with voting rights, of which the MPC owns 24,538 ordinary shares in the treasury. After the abolition of simple shares held in the treasury, the total number of issued and outstanding general shares of the MPC will be 112,155,527 with voting rights.
International Petroleum Corp. (IPC) – an international company for exploration and production of oil and gas with a high -quality portfolio of assets located in Canada, Malaysia and France, providing a strong basis for organic and inorganic growth. The IPC is a member of the Lundin group of companies. The IPC is included in Canada, and the IPC shares are listed on the Toronto and NASDAQ Stockholm Exchange Stock Exchange Stock Exchange under the IPCO symbol.
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This information is information that the International Oil Corporation should become state in accordance with the Law on the Trade of Financial Instruments of the Swedish language. The information was presented for publication through the contact persons set out above at 17:30 CEST September 30, 2025.
Advanced statements
This press release contains statements and information that constitute “statements about the direction of promising” or “promising information” (in the meaning of applicable securities legislation). Such statements and information (together, “statements of perspective”) are related to future events, including future results of the corporation, business prospects or opportunities. Actual results can differ significantly from those that are expressed or implied by promising statements. The advanced statements contained in this press release are clearly qualified by this warning statement. Applications directed forward speak only at the date of this press release, unless otherwise indicated. The IPC does not intend and does not accept any obligations, to update these promising statements, with the exception of cases required by applicable laws.
All statements, except for statements of a historical fact, may be promising statements. Any statements that express or include discussions regarding forecasts, expectations, beliefs, plans, forecasts, forecasts, leadership, budgets, goals, assumptions or future events or productivity (often, but not always using words or phrases, such as “search”, “foresee”, “plan”, “continue”, “expected”, “expect”, “can”, “maybe”, “maybe”, “maybe” “CAN”, “can”, “for”, “for”, “can”, “maybe”, “maybe”, “maybe”, “can”, “for”, “can”, “for”, “can”, “for”, “for”, “for”, “for”, “for”, “for”, “for”, “potential”, “targeting”, “intention”, “might”, “might”, “might”, “might”, “Must” should, “Must”, “Must”, “Must,” “Believe”, “budget” and similar expressions) are not allegations of a historical fact and may be “forecast statements”. Advanced statements include, but are not limited to them, statements relatively: the number of ordinary shares that must be canceled, and the terms of such abilities; And the return of value to the IPC shareholders as a result of any usual ransom of shares.
The Forward-Looking Statements Are Baedin Certain Key Expectations and Assumptions Made by IPC, Including Expectations and Assumptions Concerning: The Potentialral Impact of Tariffs Implemented in 2025 by the US and Canadian Governments and that Other than the Tariffs that Have IMplemented, Neither The US Nor Canada (I) Increases The Rate or Scope of Such Tariffs, Or Imposes New Tariffs, On the Import of Goods from One One Oteer, Including On Oil and Natural Gas, and/or II) any other form of tax, restrictions or prohibition on imports or export of products from one country to another, including oil and natural gas; prevailing prices for goods and exchange rates; Applicable royalties and tax laws; interest rates; Future production rates and reserve and conditional volumes of resources; operating costs; Our ability to support our existing credit ratings; Our ability to achieve our goals of performance; time of receipt of permits of regulatory authorities; performance of existing wells; success achieved in the drilling of new wells; expected terms and results of capital costs; sufficiency of budget capital costs during the planned activities; time, location and degree of future drilling operations; The successful completion of acquisitions and orders, and we will be able to implement our standards, control, procedures and policies regarding any acquisitions and realize the expected synergy at the expected period or in general; advantages of acquisitions; The state of the economy and business business -business in the jurisdictions in which the IPC also works all over the world; accessibility and cost of financing, labor and services; Our intention to complete the ransom of shares in the framework of our usual program for the issuer for the exchange rate, including financing such shares, existing and future market conditions, including in relation to the price of our common shares, and compliance with applicable restrictions in accordance with the laws and regulations on securities and politicians of the stock exchange; And the ability to successfully sell raw oil, natural gas and natural gas liquids.
Although the IPC believes that the expectations and assumptions on which such forecast statements are based are reasonable cannot be installed on the statements of applications, since the IPC cannot give any guarantees that they will be correct. Since forecast statements relate to future events and conditions, in their very nature they are associated with inherent risks and uncertainty. Actual results can differ significantly from those that are currently expected from a number of factors and risks.
These include, but not limited: general global economic, market and business conditions; risks associated with the oil and gas industry as a whole, such as operating risks in development, reconnaissance and production; Delays or changes in plans for intelligence or development projects or capital costs; the uncertainty of assessments and forecasts relating to reserves, resources, production, income, costs and expenses; Health, safety and environmental risks; fluctuations in goods; interest rate and fluctuations in the exchange rate; marketing and transport; loss of markets; Environmental and climate risks; competition; Innovations and risks of cybersecurity related to our systems, including our costs to solve or mitigate such risks; the ability to attract, involve and hold qualified employees; incorrect assessment of the cost of acquisitions; the inability to complete or realize the expected advantages of acquisitions or orders; the ability to receive sufficient capital from internal and external sources; inability to obtain the necessary regulatory and other permits; Geopolitical conflicts, including the war between Ukraine and Russia and the conflict in the Middle East, and their potential influence, among other things, on the conditions of the world market; Political or economic events, including without restrictions, the risk that (I) one or both of the governments of the USA and Canada increase the rate or volume of tariffs sold in 2025, or impose new tariffs for the import of goods from one country to another, including oil and natural gas, (II) USA and/or Canada put GAZ and (III) tariffs introduced to each other. The United States to other countries and answers to them can have a significant adverse effect on the Canadian, USA and the global economy, as well as in the industry of Canadian oil and natural gas and corporations; And changes in the legislation, including, among other things, tax laws, fees, environmental rules and abandonment. Readers warn that the previous list of factors is not exhaustive.
Additional information about these and other factors that can affect the IPC, or its operations or financial results, are included in the annual information of the IPC for the year, which ended on December 31, 2024 (see “Preventing a statement of views on the perspective”, “Suppies and advisations on resources” and “Risk factors”), in discussion and analysis of management (MD & A), as for the “factors”, regarding the “factors”, concerns “factors”. “Cm. The factor “light”, “see the factors”, “see the factors”, “see factor“ light ”,“ see the factors “light”, “see section“ light ”,“ see. The factor “light”, “see the factors“ light ”,“ see the factors “light”, “see the factors”, “see the factors“ light ”,“ see the factors ”,“ see the factors “light”. and “consultations on reserves and resources”) and other file reports with applicable securities governing bodies, including previous financial reports, reports on the discussion and analysis of management and material changes that can be obtained through the SEDAR+ website (www.Sedarplus.ca) or the website of the MPC (www.international-petroleum.com).
