Mr. Dean Callaway reports

CORPORATE UPDATE

Sonoro Energy Ltd. has provided the following corporate update to shareholders.

Sonoro Energy has not satisfied the continued listing requirements policy of the TSX Venture Exchange to maintain its listing as a Tier 2 issuer on the TSX-V.

As a result, the company will transfer to the NEX board of the TSX-V effective Feb. 16, 2023.

The trading symbol for the company will change from SNV to SNV.H. There is no change in the company's name, no change in its Cusip number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX-V. The NEX board has been designed to provide a forum for the trading of publicly listed companies while they seek and undertake transactions in furtherance of their operations and affairs to meet TSX-V or Toronto Stock Exchange continued listing requirements.

Sonoro is continuing to analyze new transactions for the company. There is no change to the status in Indonesia as reported recently.

We seek Safe Harbor.