Parex Resources is using notice and access to send the 2023 Annual Meeting materials to shareholders, which allows us to deliver the Management Information Circular dated March 31, 2023 to shareholders by posting them and other related materials online, instead of mailing these documents. Notice and access is a more environmentally friendly and cost effective way to deliver the Meeting Materials, as it will help reduce paper use and will reduce the cost of printing and mailing materials to shareholders.

https:meetnow.global/M9TT6PK

4^th Floor Conference Center
Eight Avenue Place, East Tower,
525, 8^th Ave SW, Calgary AB, T2P 1G1

• Notice & Access Notification
• 2022 Management Information Circular
• Form of Proxy