Dr. Paul Clarke reports

CANCAMBRIA ENERGY TO HOST INVESTOR UPDATE WEBCAST ON KISKUNHALAS PROJECT AND RECENT STRATEGIC DEVELOPMENTS

Cancambria Energy Corp.'s Dr. Paul Clarke, president and chief executive officer, will host an investor webcast via Zoom on June 30, 2026, at 1 p.m. PT to provide an overview of the company's portfolio, including recent technical and commercial milestones at its 100-per-cent-owned Kiskunhalas project in southern Hungary.

The webcast will review Cancambria's progress across several key areas of the business, including the previously announced upgraded independent resource evaluation for the Kiskunhalas project and the identification of the shallow, high-impact exploration trend within the Kiskunhalas concession area (KCA). Management will also discuss the Kiskunhalas project joint venture (JV) process, the anticipated development timeline and other upcoming catalysts. An updated corporate presentation to be used during the event will be posted to the investor relations page of the company's website prior to the start of the webcast. Participants are encouraged to submit questions in advance by e-mail to CCEC@kincommunications.com.

The investor update will include discussion of:

• The scale and strategic significance of the Kiskunhalas project, including the previously announced combined contingent resource of 1.1 trillion cubic feet (Tcf) of natural gas and 116.6 million barrels (MMbbl) of condensate and natural gas liquids.
• The 2C (best estimate) development pending contingent resource of 571.9 billion cubic feet (Bcf) of natural gas and 59.6 MMbbl of condensate and natural gas liquids, net to the company and risked at 80 per cent.
• Resource valuation metrics ranging from project-level economics, including the previously announced net present value discounted at 10 per cent (NPV 10) of approximately $1.76-billion (U.S.), to expected individual well returns.
• The progress made with prospective strategic partners on the Kiskunhalas project joint venture process and the timeline to initiate development.
• The Kiskunhalas project phase 1 development plan comprising 56 vertical wells, and supported by proprietary 3-D seismic and legacy well data, including two permitted, drill-ready locations.
• Type curve and dynamic reservoir modelling that support the company's field development plan, rapid capital recovery and the potential for near-term cash flow generation.
• Continuing technical work evaluating lower-cost, shorter-cycle, oil-weighted opportunities designed to complement and diversify the company's development portfolio.
• The recently identified 350-square-kilometre shallow high-impact exploration trend within the KCA, including multiple oil-weighted leads and prospects mapped from legacy 2-D seismic data across a proven hydrocarbon basin.
• Key milestones and anticipated next steps as the company advances both its deep gas and shallow oil opportunities toward development and revenue generation.

"So far in 2026, Cancambria has made meaningful progress across the technical and operational workstreams that underpin the Kiskunhalas project," said Dr. Paul Clarke, president and chief executive officer. "This webcast is intended to provide investors with a clear and comprehensive update on the scale of the opportunity, the progress made to date, and the multiple pathways through which we believe value can be unlocked for our shareholders across the Kiskunhalas asset base in southern Hungary."

Webcast details

Date:  June 30, 2026

Time:  1 p.m. PT/4 p.m. ET/10 p.m. CT

Presenter:  Dr. Paul Clarke, president and chief executive officer

A replay of the webcast will be made available through the registration link and on the company's website following the event.

Investors are encouraged to register in advance. Questions may be submitted during the live presentation by using the Q&A (question-and-answer) button or in advance by e-mail to CCEC@kincommunications.com.

About Cancambria Energy Corp.

Cancambria Energy is a Canadian-based exploration and production company specializing in tight gas development. With a globally experienced leadership team, Cancambria focuses on high-quality, derisked projects with direct access to profitable markets. Leveraging the industry's most advanced technologies the company aims to commercialize their flagship asset, the 100-per-cent-owned Kiskunhalas project in southern Hungary, a significant gas-condensate resource in the heart of Europe.

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