Topaz Energy Corp. — Proxy Solicitation & Information Statement 2026

Apr 8, 2026

Notice of our 2026 Annual Meeting

You are invited to our 2026 annual meeting of shareholders:

When
May 8, 2026
9:00 a.m. (Calgary time)

Where
Calgary Petroleum Club
McMurray Room
319 5th Avenue SW
Calgary, Alberta

We will cover the following items of business:

1. Receive our 2025 consolidated financial statements and the auditors' report;
2. Elect the directors;
3. Appoint the auditors;
4. Vote on our approach to executive compensation; and
5. Other business.

Your vote and participation are important

If you are a shareholder of record of Topaz common shares at the close of business on March 20, 2026, you are entitled to receive notice of, participate in, and vote at this meeting.

We encourage you to vote your common shares and participate in the meeting.

Unanimous board recommendations

The board of directors unanimously recommends that you vote for all of the Topaz director nominees and the other business matters at the meeting.

Questions

The board of directors has approved the contents of the attached management information circular and has authorized us to send it to you. Please take some time to read the attached management information circular. It contains important information about the meeting and explains who can vote and how to vote.

By order of the board,

Sincerely,

Signed "Marty Staples"

Marty Staples
President & Chief Executive Officer
Topaz Energy Corp.

Calgary, Alberta
March 20, 2026