Meren Energy Inc. — Proxy Solicitation & Information Statement 2022

Mar 24, 2022

Computershare AB Box 5267 102 46 Stockholm, Sweden Telefon +46 771 24 64 00 www.computershare.se

Vote at www.investorvote.com/africaoil ID No.: Code:

Form of Proxy - Annual General and Special Meeting to be held on April 20, 2022

This Form of Proxy is solicited by and on behalf of Management.

Notes to proxy

• 1. Every holder has the right to appoint some other person or company of their choice, who need not be a holder, to attend and act on their behalf at the meeting or any adjournment or postponement thereof. If you wish to appoint a person or company other than the persons whose names are printed herein, please insert the name of your chosen proxyholder in the space provided (see reverse).
• 1. If the securities are registered in the name of more than one owner (for example, joint ownership, trustees, executors, etc.), then all those registered should sign this proxy. If you are voting on behalf of a corporation or another individual you must sign this proxy with signing capacity stated, and you may be required to provide documentation evidencing your power to sign this proxy.
• 1. This proxy should be signed in the exact manner as the name(s) appear(s) on the proxy.
• 1. If this proxy is not dated, it will be deemed to bear the date on which it is mailed by Management to the holder.
• 5. The securities represented by this proxy will be voted as directed by the holder, however, if such a direction is not made in respect of any matter, this proxy will be voted as recommended by Management.
• 1. The securities represented by this proxy will be voted in favour or withheld from voting or voted against each of the matters described herein, as applicable, in accordance with the instructions of the holder, on any ballot that may be called for and, if the holder has specified a choice with respect to any matter to be acted on, the securities will be voted accordingly.
• 1. This proxy confers discretionary authority in respect of amendments or variations to matters identified in the Notice of Meeting or other matters that may properly come before the meeting or any adjournment or postponement thereof.
• 1. This proxy should be read in conjunction with documentation provided by Management via the link below: www.africaoilcorp.com/s/filings.asp or www.sedar.com

You can also order documentation by contacting Computershare, +46 (0)771 24 64 00 (Mon – Fri at 9:00 AM – 4:00 PM Swedish time)

Votes submitted must be received by 11:00 am, Swedish time, on 12 April 2022.

VOTE USING INTERNET

www.investorvote.com/africaoil Login details on top left of this letter

If you vote by Internet, DO NOT mail back this proxy

Appointee(s)

as recommended by Management.

I/We being holder(s) of securities of Africa Oil Corp. (theIf you wish to attend in person or appointOR"Company") hereby appoint: Keith Hill, President and Chief Executivesomeone else to attend on your behalf,print your name or the name of yourOfficer, or failing this person, Pascal Nicodeme, Chief Financial Officer,appointee in this space (see Note #3 onor failing this person, Rashida McLean, Corporate Secretary (thereverse)."Management Nominees")
as my/our appointee to attend, act and to vote in accordance with the following direction (or if no directions have been given, as the appointee sees fit) and on all other matters that mayproperly come before the Annual General Meeting of shareholders of the Company to be held at Suite 2000, 885 West Georgia Street, Vancouver, BC on Wednesday, April 20, 2022 at 9:00am (Pacific Time), and at any adjournment or postponement thereof.
VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT OVER THE BOXES.
1. Election of Directors	ForWithhold				ForWithhold				For	Withhold
01. Keith C. Hill		02. John H. Craig				03. Gary S. Guidry
04. Erin Johnston			05. Andrew D. Barlett				06. Kimberley Wood
07. Ian Gibbs
									For	Withhold
2. Appointment of Auditors
Appointment of PricewaterhouseCoopers LLP as Auditors of the Company for the ensuing year and authorizing the Directors to fix theirremuneration.
									For	Against
3. Say On Pay
Approve, on an advisory basis only, the Company's approach to executive compensation as more particularly described in Africa Oil's ManagementInformation Circular.
									For	Against
4. Amendments to LTIPTo consider and, if deemed fit, approve Proposed Amendments to the Company's LTIP, as more particularly described in Africa Oil's ManagementInformation Circular.
Authorized Signature(s) – This section must be completed for yourinstructions to be executed.					Signature(s)			Date
I/We authorize you to act in accordance with my/our instructions set out above. I/We herebyrevoke any VIF previously given with respect to the Meeting. If no voting instructions areindicated above, and the VIF appoints the Management Nominees, this VIF will be voted