IPC Updated Share Capital (July 31, 2024)

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) reports the following, in accordance with the Swedish Financial Instruments Trading Act:

Following the cancellation of 1,027,147 common shares repurchased by IPC under the normal course issuer bid / share repurchase program, the total number of issued and outstanding common shares of the Corporation is 122,244,738 common shares with voting rights as at July 31, 2024 and IPC holds 70,000 common shares in treasury.