Advantage Energy Ltd. ("Advantage") is pleased to announce that on May 6, 2025 it held its annual general meeting of shareholders (the "Meeting"). A total of 139,719,060 common shares (approximately 83.52% of the outstanding common shares) were represented at the Meeting in person or by proxy.

At the Meeting, shareholders approved the election of ten (10) nominees as directors of Advantage to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with the number and percentage of common shares represented at the Meeting voting by way of ballot in favour or withheld from voting for the individual nominees as follows:

Messrs. Stephen E. Balog and Andy J. Mah did not stand for re-election at the Meeting and accordingly retired from the Board at its conclusion. Advantage extends its appreciation to Messrs. Balog and Mah for their leadership and valuable contributions during their respective tenures with Advantage.

For complete voting results, please see our Report of Voting Results available on SEDAR+ at www.sedarplus.ca.

SOURCE Advantage Energy Ltd.

SOURCE: Advantage Energy Ltd.

For further information contact: Craig Blackwood, Chief Financial Officer,
403-718-8000; or Investor Relations, Toll free: 1-866-393-0393; ADVANTAGE ENERGY
LTD., 2200, 440 - 2nd Avenue S.W., Calgary, Alberta, T2P 5E9, Phone: 403-718-8000,
Fax: 403-718-8332, Web Site: www.advantageog.com, E-mail: ir@advantageog.com

COMTEX_465274599/2197/2025-05-06T19:36:00