Mr. Sean Guest reports

VALEURA ENERGY INC. - ANNA GREEN APPOINTED AS INDEPENDENT DIRECTOR

Valeura Energy Inc. has appointed Anna Green as an independent director, effective Jan. 1, 2024.

Ms. Green is a lawyer by background and has over 25 years of experience through a career focused squarely on the Asia Pacific region, primarily within the banking and technology sectors. She held increasingly senior roles with ANZ bank, including serving as the group's chief risk officer and later as chief executive officer for the bank in Laos and in the Philippines. Thereafter, Ms. Green transitioned to a technology-oriented career with Amazon, where she excelled at driving change through development of marketing, acquisition and growth strategies. She was recognized for her successes as Asia IT Woman of the Year at the prestigious Women in IT Awards. In 2023, she joined the Toll Group, a leading global transportation and logistics provider, where she currently serves as chief enterprise services officer.

Ms. Green is a passionate advocate for diversity and inclusion and is known for having partnered with the UN (United Nations), regulatory and government bodies, as well as customers and business councils to build mechanisms that drive meaningful change. She holds a bachelor of laws from the University of New South Wales and a bachelor of arts in political science from the Australia National University, and has completed a Chief Executive Women scholarship at INSEAD.

Tim Marchant, chairman of the board, commented: "I am pleased to welcome Anna Green to our board. With her extensive background in driving strategy and overseeing risk management within high-growth businesses, I am confident she will provide a source of valuable independent advice. I look forward to working together with Anna and the rest of our board as we continue pursuing our strategy to drive value growth at Valeura, led by our high-quality Thailand asset portfolio."

About Valeura Energy Inc.

Valeura Energy is a Canada-based public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Turkey. The company is pursuing a growth-oriented strategy and intends to reinvest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value-accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.