Paramount Resources Ltd. — AGM Information 2022

Feb 15, 2022

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February 15, 2022

324-8th Avenue SW, 8th floor Calgary AB, T2P 2Z2 www.computershare.com

To: All Canadian Securities Regulatory Authorities

Subject: PARAMOUNT RESOURCES LTD.

Dear Sir/Madam:

We advise of the following with respect to the upcoming Meeting of Security Holders for the subject Issuer:

Meeting Type : Annual General Meeting Record Date for Notice of Meeting : March 17, 2022 Record Date for Voting (if applicable) : March 17, 2022 Beneficial Ownership Determination Date : March 17, 2022 Meeting Date : May 04, 2022 Meeting Location (if available) : Virtual Meeting Issuer sending proxy related materials directly to NOBO: No Issuer paying for delivery to OBO: No

Notice and Access (NAA) Requirements:

NAA for Beneficial Holders Yes Beneficial Holders Stratification Criteria: Not Applicable NAA for Registered Holders No

Voting Security Details:

Description

CLASS A COMMON

CUSIP Number ISIN 699320206 CA6993202069

Sincerely,

Computershare

Agent for PARAMOUNT RESOURCES LTD.