Mr. Jay Lyons reports

ORCA ANNOUNCES MAILING OF SPECIAL MEETING CIRCULAR AND MEETING BUSINESS

The management information circular for the special meeting of shareholders occurring on Nov. 24, 2026, has been mailed to shareholders of Orca Energy Group Inc. At the special meeting, shareholders will be asked to consider two items of business: (i) an advisory, non-binding resolution authorizing the board of directors of the company to explore options and plan for the voluntary liquidation of the company at a time to be determined by the board of directors of Orca in its discretion; and (ii) a resolution to proceed with a voluntary delisting of the company's shares from the TSX Venture Exchange at a time to be determined by the board of directors of Orca in its discretion prior to June 30, 2027. Further information regarding the special meeting, the dissolution resolution and the delisting resolution can be found in the circular, which is filed under the company's profile on SEDAR+ and posted on the company's website.

About Orca Energy Group Inc.

Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Ltd. Orca trades on the TSX Venture Exchange under the trading symbols ORC.A and ORC.B.