International Petroleum Corporation Announces 2026 Annual General Meeting Voting Results

TORONTO, May 06, 2026 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce the voting results from the Corporation's 2026 Annual General Meeting of Shareholders held on May 6, 2026 in Calgary, Alberta.

Number of Directors

The number of Directors of the Corporation was set at eight.

Votes For	% For	Votes Against	% Against
61,039,794	99.96	26,566	0.04

Election of Directors

The eight nominees listed in the Corporation's management information circular dated March 23, 2026 (the Circular) were elected as Directors of the Corporation to hold office until the next annual meeting of shareholders or until their successors are duly elected or appointed, unless the office is earlier vacated, as described in the Circular.

Nominee	Votes For	% For	Votes Withheld	% Withheld
C. Ashley Heppenstall	60,207,599	99.01	603,667	0.99
William Lundin	60,525,785	99.53	285,481	0.47
Chris Bruijnzeels	55,509,111	91.28	5,302,155	8.72
Donald Charter	59,937,874	98.56	873,392	1.44
Lukas H. (Harry) Lundin	60,288,860	99.14	522,406	0.86
Emily Moore	60,674,330	99.77	136,936	0.23
Mike Nicholson	60,287,445	99.14	523,821	0.86
Deborah Starkman	60,345,079	99.23	466,187	0.77

Appointment of Auditor

PricewaterhouseCoopers LLP, Chartered Professional Accountants was appointed as auditor of the Corporation until the next annual meeting of shareholders and the Directors of the Corporation were authorized to fix the auditor's remuneration.

Votes For	% For	Votes Withheld	% Withheld
61,055,361	99.98	10,999	0.02

International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and Europe, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC's shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm under the symbol "IPCO".

For further information, please contact:

Rebecca Gordon SVP Corporate Planning and Investor Relations [e-mail] Tel: [phone]	Or	Robert Eriksson Media Manager [e-mail] Tel: [phone]

Forward-Looking Statements
This press release contains statements and information which constitute "forward-looking statements" or "forward-looking information" (within the meaning of applicable securities legislation). Such statements and information (together, "forward-looking statements") relate to future events, including the Corporation's future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "forecast", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "budget" and similar expressions) are not statements of historical fact and may be "forward-looking statements".