Mr. Philip O'Quigley reports

NOTICE OF ANNUAL GENERAL AND SPECIAL SHAREHOLDER MEETING

Falcon Oil & Gas Ltd.'s annual general and special shareholder meeting will be held at the Conrad Hotel, Earlsfort Terrace, Dublin 2, Ireland, on Aug. 27, 2025, at 11 a.m. Dublin time.

A complete notice and related documents will be sent to the shareholders of record as at July 21, 2025, and will also be filed on SEDAR+ and on Falcon's website.

The notice of the annual general and special shareholder meeting and record date has been filed on SEDAR+.

Falcon will conduct a question-and-answer session via the Investor Meet Company platform later that day for those unable to attend the meeting in person, details of which will be released in due course.

About Falcon Oil & Gas Ltd.

Falcon Oil & Gas is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia. Falcon Oil & Gas is incorporated in British Columbia, Canada, and headquartered in Dublin, Ireland.