VERMILION ENERGY INC.

Vermilion Energy Inc. reported strong Q2 2026 results, with production averaging 125,789 boe/d, exceeding guidance. The company increased its full-year production guidance to 121,000-123,000 boe/d while maintaining capital expenditures. Financial highlights include $231 million in fund flows from operations, $122 million in free cash flow, and a $70 million reduction in net debt to $1.22 billion. Vermilion also enhanced its return of capital framework to target 40-60% of excess free cash flow to shareholders and achieved first production from its largest European discovery, Wisselshorst.

Vermilion Energy Inc. reported strong Q2 2026 operating and financial results, with production averaging 125,789 boe/d, exceeding guidance. The company increased its full-year production guidance to 121,000-123,000 boe/d while maintaining its capital budget. Vermilion also enhanced its return of capital framework to target 40% to 60% of excess free cash flow to shareholders, driven by accelerated debt reduction and improved profitability. Net debt was reduced by $70 million to $1.22 billion, and $26 million was returned to shareholders.

Vermilion Energy Inc. announced that the Toronto Stock Exchange (TSX) has approved the renewal of its Normal Course Issuer Bid (NCIB). This program allows the company to repurchase up to 15,157,179 common shares, approximately 10% of its public float, over a twelve-month period starting July 12, 2026. The company also confirmed that its second quarter 2026 operating and financial results will be released on July 29, 2026, followed by a conference call on July 30, 2026.

Vermilion Energy Inc. announced the voting results from its Annual General Meeting held on May 6, 2026. Shareholders approved all proposed resolutions, including fixing the number of directors at eight, electing the eight director nominees, appointing Deloitte LLP as auditors, and accepting the approach to executive compensation on an advisory basis. A total of 51.79% of common shares were voted at the meeting. Additionally, Carin S. Knickel and William B. Roby retired from the Board.

Vermilion Energy Inc. held its Annual General Meeting virtually on May 6, 2026, with 51.79% of eligible common shares represented. Shareholders approved all proposed resolutions, including fixing the number of directors at eight and electing the eight director nominees. Deloitte LLP was re-appointed as auditors, and the company's approach to executive compensation was accepted on an advisory basis.

Vermilion Energy reported Q1 2026 fund flows from operations (FFO) of $232 million and free cash flow (FCF) of $98 million, fully funding capital expenditures and enabling $50 million in net debt reduction. The company also announced the acquisition of producing assets in Germany, adding 1,000 boe/d and enhancing exposure to European gas, alongside the divestment of its 60% interest in the SA-07 block in Croatia for approximately $24 million. Despite a net loss of $146 million due to unrealized derivative losses, production increased 22% year-over-year to 125,618 boe/d, and the cost structure improved significantly.

Vermilion Energy reported strong Q1 2026 operational and financial results, with fund flows from operations (FFO) of $232 million and free cash flow (FCF) of $98 million. The company significantly reduced net debt by $50 million to $1.29 billion, marking a $770 million reduction over the past 12 months. Production increased by 22% year-over-year to 125,618 boe/d, and the cost structure of controllable expenses decreased by 25%. Strategic moves included acquiring German producing assets and divesting a Croatian block for €15 million, with proceeds earmarked for debt reduction.

Vermilion Energy Inc. announced a cash dividend of $0.135 CDN per common share. This dividend is scheduled to be paid on June 30, 2026, to shareholders who are on record as of June 15, 2026. The company also confirmed that this dividend qualifies as an eligible dividend for Canadian income tax purposes.