Mr. Gil Holzman reports

ECO (ATLANTIC) OIL AND GAS LTD. ANNOUNCES EXECUTIVES AND BROKER APPOINTMENT

Eco (Atlantic) Oil & Gas Ltd. has appointed Canaccord Genuity Ltd. as joint broker to the company with immediate effect. The company is also pleased to announce the non-board appointment of Keely Pearce (nee Harris) as vice-president, operations. Ms. Pearce joins the executive team led by Gil Holzman, president and chief executive officer, Gadi Levin as vice-president, finance (chief financial officer), and Alice Carroll, who has been promoted to vice-president, business development and corporate affairs, with effect from Jan. 1, 2026.

Ms. Pearce is a highly experienced upstream oil and gas executive with more than 30 years of industry experience across exploration, seismic and drilling operations, assets, licences and joint venture management, and strategic planning and M&A (mergers and acquisitions). She has held senior leadership roles at Impact Oil & Gas Ltd. and Shell PLC, working across multiple international portfolios. Ms. Pearce has a strong technical foundation in exploration geoscience and a proven operational ability, and she was part of the team that discovered the Venus field offshore Namibia. She also brings extensive experience operating within the regulatory and operational environment of both Namibia and South Africa.

Canaccord will work alongside the company's existing corporate broker, Berenberg and Strand Hanson, the company's financial and nominated adviser. Canaccord has been appointed following its role in the recent strategic partnership entered into with Navitas Petroleum LP and its proven outreach to United Kingdom, North American and Israeli equity capital markets.

Mr. Holzman, president and chief executive officer of Eco (Atlantic), commented: "These appointments will further strengthen the company's leadership and market engagement at an important time for Eco (Atlantic), as we continue to advance our offshore Atlantic portfolio and our strategic framework with Navitas Petroleum. I am pleased to warmly welcome Keely to our team. Her deep technical, regulatory and operational experience across Namibia and South Africa will be a great addition to the company. I would also like to acknowledge Alice Carroll's great contribution to the company on all aspects of the business, and I am proud to promote her to VP, business development and corporate affairs."

About Eco (Atlantic) Oil & Gas Ltd.

Eco (Atlantic) is a TSX Venture Exchange- and Alternative Investment Market-quoted, Atlantic Margin-focused oil and gas exploration company with offshore licence interests in Guyana, Namibia and South Africa. Eco (Atlantic) aims to deliver material value for its stakeholders through its role in the energy transition to explore for low-carbon-intensity oil and gas in stable emerging markets close to infrastructure.

In offshore Guyana, in the proven Guyana-Suriname basin, the company operates a 100-per-cent working interest in the 1,354-square-kilometre Orinduik block. In Namibia, the company holds operatorship and an 85-per-cent working interest in three offshore petroleum licences -- PELs 97, 99 and 100 -- representing a combined area of 22,893 square kilometres in the Walvis basin. In offshore South Africa, Eco (Atlantic) holds a 5.25-per-cent working interest in Block 3B/4B and a 75-per-cent operated interest in Block 1 CBK in the Orange basin, totalling approximately 37,510 square kilometres.