Questerre Energy — Audit Report / Information 2021

Dec 10, 2021

Questerre Energy Corporation Change of Auditor Notice

• To: British Columbia Securities Commission

Alberta Securities Commission Financial and Consumer Affairs Authority of Saskatchewan The Manitoba Securities Commission Ontario Securities Commission Authorité des marches financiers Financial and Consumer Services Commission (New Brunswick) Nova Scotia Securities Commission

The Office of the Superintendent of Securities (Prince Edward Island) Office of the Superintendent of Securities Service Newfoundland and Labrador

And To: PricewaterhouseCoopers LLP

Ernst & Young LLP

Pursuant to Section 4.11 of National Instrument 51-102 – Continuous Disclosure Obligations (“ NI – 51-102 ”), Questerre Energy Corporation (the “ Corporation ”) hereby gives the following notice:

I. Former auditor

• a. On December 9, 2021, PricewaterhouseCoopers LLP resigned as the auditor of the Corporation at the Corporation’s request.

• b. The Audit Committee of the Corporation accepted the resignation of the auditor.

• c. The auditor’s reports of PricewaterhouseCoopers LLP on the financial statements of the Corporation for the two years ended December 31, 2019 and December 31, 2020 did not contain any modifications as to departures from generally accepted accounting principles or limitation in the scope of the audit.

• d. In connection with the audits for the two years ended December 31, 2019, and through to December 31, 2020, there have been no “reportable events”, as defined in NI 51-102.

• II. Successor auditor

The Corporation appointed Ernst & Young LLP as its new auditor as of December 9, 2021. The Audit Committee (and/or the Board of Directors) approved the appointment.

Dated at Calgary, Alberta, this 9[th] day of December 2021.

QUESTERRE ENERGY CORPORATION

Per: signed “Jason D’Silva” Jason D’Silva Chief Financial Officer