Mr. Mark Hodgson reports

ATLAS ENERGY CORP. ANNOUNCES APPOINTMENTS TO SUBSIDIARY BOARD AND EXTENSION OF TSXV SANDBOX EXIT DEADLINE

Atlas Energy Corp. will appoint Patrick Drouin and Dion Degrand to the board of directors of Atlas Energy International SEZC, the company's Cayman Islands subsidiary, subject to receipt of applicable Cayman Islands regulatory approvals.

Mr. Drouin is the president of Wheaton Precious Metals International and chief sustainability officer for the Wheaton group. Before being appointed president in October, 2023, Mr. Drouin was the senior vice-president of sustainability and investor relations at Wheaton Precious Metals, an executive role primarily responsible for the company's sustainability efforts and engaging with the investment community. Prior to Wheaton, Mr. Drouin worked for UBS Securities from 2001 to 2012 in institutional equity sales across North America and Europe, most recently in London as head of European Sales for UBS Canada. In this role, Mr. Drouin built a sales platform responsible for advising fund managers on Canadian equities. Throughout his advisory career, he has focused on the resource sector. Prior to UBS, he served as a project geologist in the San Francisco Bay Area for William Lettis & Associates. Mr. Drouin has an MBA from the Rotman School of Management, University of Toronto, and a master in geology from the University of Memphis.

Mr. Degrand is the chief executive officer of the Rawlinson & Hunter group of companies in the Cayman Islands, providing a full range of professional services, including fiduciary, trust and corporate, fund governance and administration, accounting, restructuring, and compliance services, to international clients. Mr. Degrand has over 30 years of experience across investment banking, public and private capital markets, accounting, international banking and independent governance. Prior to relocating to the Cayman Islands, Mr. Degrand spent the majority of his career in oil and gas investment banking, holding senior positions at leading investment banks, including head of Canadian energy at Raymond James (Canada), head of energy and head of Western Canada at Cormark Securities, managing director at National Bank Financial and principal at Peters & Co. Ltd. Mr. Degrand is a CA, CPA and CFA charterholder and a CIMA-registered director under the Cayman Islands Directors Registration and Licensing Act.

Extension of TSX Venture Exchange Sandbox exit deadline

Atlas Energy also announces that the TSX-V has extended the company's deadline for satisfying the TSX-V Sandbox exit conditions by 12 months to June 24, 2027. The company remains listed on the TSX-V as a TSX-V Sandbox issuer pending satisfaction of the exit conditions.

As previously disclosed, the company received conditional acceptance to list on the TSX-V as a Tier 2 investment issuer under the TSX-V Sandbox program on June 24, 2025. The TSX-V Sandbox is an initiative intended to facilitate listing applications that may not generally satisfy the requirements and guidelines of the TSX-V but, due to facts or situations unique to a particular issuer, otherwise warrant a listing on the TSX-V or an exemption from certain requirements in the TSX-V corporate finance manual. The original exit deadline was June 24, 2026.

The exit conditions remain unchanged and include: (i) deployment of at least 50 per cent of available funds from the $30-million private placement completed in June, 2025, to finance two or more qualifying investments satisfactory to the TSX-V; (ii) the company having no outstanding compliance or disclosure issues; and (iii) the company making a formal application to the TSX-V for an exit review.

"The appointment of Patrick Drouin and Dion Degrand to the board of our Cayman subsidiary further strengthens our governance framework and adds significant industry and streaming expertise as we evaluate and execute on our growth strategy," said Mark Hodgson, president and chief executive officer of Atlas Energy. "The receipt of an extension of our TSX-V Sandbox listing provides additional flexibility as we continue to advance a growing pipeline of international royalty and streaming opportunities across our target markets."

About Atlas Energy Corp.

Atlas Energy is an international upstream royalty and streaming company focused on the acquisition and management of a diversified portfolio of oil and gas royalty and streaming interests across key global markets.

We seek Safe Harbor.