Mr. Jean-Paul Lachance reports

PEYTO EXPLORATION & DEVELOPMENT CORP. CONFIRMS MONTHLY DIVIDEND FOR MARCH 14, 2025

Peyto Exploration & Development Corp. has confirmed that the monthly dividend with respect to February, 2025, of 11 cents per common share, is to be paid on March 14, 2025, for shareholders of record on Feb. 28, 2025.

Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

Shareholders and interested investors are encouraged to visit the Peyto website. The website also includes a monthly report, which discusses various topics chosen by the president and chief executive officer and includes estimates of monthly capital expenditures and production.

We seek Safe Harbor.