Obsidian Energy Ltd. — Proxy Solicitation & Information Statement 2025

Feb 21, 2025

February 21, 2025

ODYSSEY

Filed via SEDAR+

To All Applicable Exchanges and Securities Administrators

Subject: Obsidian Energy Ltd. (the "Issuer")
Notice of Meeting and Record Date

Dear Sir/Madam:

We are pleased to confirm the following information with respect to the Issuer's upcoming meeting of securityholders:

Meeting Type:	Annual and Special Meeting
Meeting Date:	May 7, 2025
Record Date for Notice of Meeting:	March 18, 2025
Record Date for Voting (if applicable):	March 18, 2025
Beneficial Ownership Determination Date:	March 18, 2025
Class of Securities Entitled to Vote:	Common Shares
ISIN:	CA6744822033
Issuer sending proxy materials directly to NOBOs:	No
Issuer paying for delivery to OBOs:	Yes
Notice and Access for Beneficial Holders:	Yes
Notice and Access for Registered Holders:	No

In accordance with applicable securities regulations we are filing this information with you in our capacity as agent of the Issuer.

Yours truly,

Odyssey Trust Company
as agent for Obsidian Energy Ltd.