Parex Resources Inc. — Proxy Solicitation & Information Statement 2022

Feb 22, 2022

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February 22, 2022

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

To: All Canadian Securities Regulatory Authorities

Subject: PAREX RESOURCES INC.

Dear Sir/Madam:

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

Meeting Type : Annual and Special Meeting Record Date for Notice of Meeting : March 25, 2022 Record Date for Voting (if applicable) : March 25, 2022 Beneficial Ownership Determination Date : March 25, 2022 Meeting Date : May 12, 2022 Meeting Location (if available) : Virtual Meeting Issuer sending proxy related materials directly to NOBO: No Issuer paying for delivery to OBO: Yes

Notice and Access (NAA) Requirements:

NAA for Beneficial Holders Beneficial Holders Stratification Criteria: NAA for Registered Holders

Yes Not Applicable No

Voting Security Details:

Description COMMON SHARES

CUSIP Number ISIN 69946Q104 CA69946Q1046

Sincerely,

Computershare

Agent for PAREX RESOURCES INC.