Mr. Scott Lower reports

TRILLION ENERGY ADVANCES ADDITIONAL EARN-IN PAYMENT ON M47 OIL BLOCK AND PLANS UPCOMING SEISMIC

Trillion Energy International Inc. has made a further cash payment of $250,000 (U.S.) toward its earn-in obligations for a 29-per-cent participating interest in the M47c,d oil block, an onshore exploration asset located in the Cudi-Gabar petroleum province of southeastern Turkey. The payment will be applied against the work program commitments under the company's definitive farm-in agreement on the M47 concession.

This payment follows the previous $250,000 (U.S.) instalment announced on May 4, 2026, bringing total earn-in payments advanced to date to $500,000 (U.S.) of the company's $9.5-million (U.S.) 2026-2027 work program commitment under its earn-in agreement on the M47c,d concession.

Scott Lower, president of Trillion Energy, stated: "The Gabar regional fields are currently producing around 80,000 barrels of oil a day, roughly 8 per cent of Turkey's demand, with a stated target of 100,000 bbl/d. M47 block is significantly underexplored relative to the drilling occurring about the block to the north and east, which has generated five new producing oil fields in about five years. Currently, approximately 40 rigs are working on a 140-well location inventory (2026) just beyond the block's perimeter. It's time to play catch-up."

With this latest payment advanced, Trillion along with its partners is preparing coming seismic program on the block, which is anticipated to generate several new additional leads. Currently, only approximately 25 per cent of the block is covered by seismic, with key areas of interest, particularly on the eastern block line, now to be studied. The new seismic is expected to generate four to six additional drillable exploration locations, which are not currently covered by the company resource assessments.

Project highlights:

• 29-per-cent working interest in block M47c,d, earned by financing $15-million (U.S.) across two work program tranches; $500,000 (U.S.) advanced to date against the $9.5-million (U.S.) first tranche;
• Independent National Instrument 51-101 contingent resource of 27.6 million barrels 2C (24,186,000 stock tank barrels net to Trillion) on the North prospect, with an unrisked net present value discounted at 10 per cent of $733.5-million (U.S.) and a risk-adjusted value of $594.2-million (U.S.) (Chapman, effective Dec. 31, 2025, see company's news release April 16, 2026, for further details);
• Two further prospects, Central and Findik South, add a combined after-risk NPV-10 of $215.7-million (U.S.), with the North prospect 3C estimate at an unrisked NPV-10 of $1.18-billion (U.S.) (Chapman: Dec. 31, 2025);
• The 2025 Cetinkaya-1 well confirmed 38 metres of net oil pay at 32.4-degree API light oil with 160 metres of reservoir left undrilled at 2,455 metres;
• Two routes to first cash flow: a recently completed regional pipeline network (over 150,000-barrel-of-oil-equivalent-per-day capacity) with Sehit Esma Cevik as the first tie-in, plus truck haul to the Tupras Batman refinery (130 kilometres).

About the M47c,d oil block

The M47c,d oil block covers approximately 450 square kilometres within the Cudi-Gabar petroleum province, one of Turkey's most active onshore oil regions. Block M47C3,C4 is located approximately 11 km southeast of Turkey's largest onshore light oil discovery, the Sehit Aybuke Yalcin field, which contains oil in the same Beloka and Mardin group carbonate reservoirs as M47. The region hosts significant established production, with approximately 100 analogue wells operating within a 10- to 12-kilometre radius, targeting the same Mardin and Beloka reservoir intervals that Trillion plans to explore and evaluate on M47.

As previously announced on April 16, 2026, an independent third party resource evaluation identified meaningful contingent and prospective oil resources on the block, providing a strong technical foundation for the coming work program.

About Trillion Energy International Inc.

Trillion is a Canadian oil exploration company focused on Turkey. The company has an agreement to earn a 29-per-cent working interest in the M47 oil exploration block (C3 and C4 licences) located in the Cudi-Gabar petroleum province of southeastern Turkey. The earn-in includes financing a total of $15-million (U.S.) for 2026 and 2027 work commitments.

We seek Safe Harbor.