Mr. Dion Hatcher reports

VERMILION ENERGY INC. CONFIRMS FIRST QUARTER 2024 RELEASE DATE AND FILING OF THE MANAGEMENT INFORMATION CIRCULAR IN CONNECTION WITH THE ANNUAL GENERAL MEETING OF SHAREHOLDERS

Vermilion Energy Inc. will release its 2024 first quarter operating and condensed financial results on Wednesday, May 1, 2024, after the close of North American markets. The unaudited interim financial statements, and management's discussion and analysis, for the three months ended March 31, 2024, will be available on SEDAR+, on EDGAR and on Vermilion's website. The company is also pleased to announce that it has mailed and filed the notice of meeting and management information circular to shareholders.

Your vote is important -- please vote today

Annual general meeting and webcast details

Vermilion will hold its annual general meeting on May 1, 2024, at 3 p.m. Mountain Time in the McMurray Room of the Calgary Petroleum Club, 319 fifth Ave. SW, Calgary, Alta. Following the formal portion of the meeting, a presentation will be given by Dion Hatcher, president and chief executive officer of Vermilion. Shareholders who are not able to attend in person may access the meeting webcast on-line. The live webcast link, webcast slides and archive link will be available on Vermilion's website.

Please visit the annual general meeting page on the company's website under invest with us for complete details and links to all relevant documents ahead of the meeting.

The board of directors of Vermilion recommends that shareholders vote for all proposed items

Vermilion encourages shareholders to read the meeting material, which have been filed on SEDAR+ and on the company's website.

Questions and voting assistance

If you have questions about the meeting matters, the voting instructions or require assistance completing your proxy form, please contact the company's strategic shareholder adviser and proxy solicitation agent, Laurel Hill, toll-free in North America at 1-877-452-7184, outside North America at 1-416-304-0211, or by e-mail at assistance@laurelhill.com.

About Vermilion Energy Inc.

Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-added acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration, and development of conventional natural gas and oil opportunities in Europe and Australia.

Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to the company than the safety of the public and those who work with Vermilion and the protection of the company's natural surroundings. Vermilion has been recognized by leading ESG (environmental, social and governance) rating agencies for the company's transparency on and management of key environmental, social and governance issues. In addition, Vermilion emphasizes strategic community investment in each of its operating areas.