Mr. Jay Lyons reports

ORCA ENERGY GROUP ANNOUNCES UK EMPLOYEE REDUNDANCY PROCESS AND CHANGE TO THE BOARD OF DIRECTORS

Orca Energy Group Inc. has discussed the redundancy process for the company's employees based in the United Kingdom. Lisa Mitchell has resigned as a director of the company.

The company has commenced the process to wind up its operations based in the United Kingdom. In that regard, the company commenced a redundancy consultation process with its U.K.-based employees on Sept. 15, 2026, pursuant to which the company's U.K. employees were informed their roles were at risk of redundancy. Following a consultation process with the affected employees, notices of termination of employment were issued to the employees, except for Ms. Mitchell, on Sept. 30, 2026. Those employees will continue to be employed by the company for the duration of their respective notice periods pursuant to the redundancy process.

Lisa Mitchell resigned as a director of the company effective Oct. 22, 2026, but remains as the chief financial officer of the company. By mutual agreement, Ms. Mitchell's tenure as chief financial officer of the company ceases on Nov. 30, 2026.

About Orca Energy Group Inc.

Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Ltd. Orca trades on the TSX Venture Exchange under the trading symbols ORC.A and ORC.B.