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Disclaimer: 

The information contained on this website is provided for general information only and should not be viewed as investment, financial, legal, tax, or other professional advice. Nothing on this website constitutes an offer to sell or a solicitation of an offer to buy any securities of Vermilion Energy Inc. (“Vermilion”).

Vermilion may modify, supplement, remove or update the content of this website at any time and without notice. By accessing and using this website, readers agree that Vermilion, its affiliates and subsidiaries, and their respective directors, officers, employees and agents shall not be liable for any loss, damage, cost, expense or liability arising from or relating to the use of, or reliance on, this website or any information contained in or obtained through this website, except to the extent prohibited by applicable law.

Vermilion expressly disclaims any liability for errors or omissions in the content of this website. Information disclosed pursuant to applicable Canadian, U.S. or other securities laws should be reviewed in the applicable filed documents and is not intended in any way to be qualified, amended, modified or supplemented by information contained on this website. Although Vermilion believes this information to be accurate as of the date it is posted, Vermilion does not represent or warrant that such information is accurate, complete, current or suitable for any particular purpose. All information contained on this website is provided on an “as-is” and “as-available” basis without representation, warranty or condition of any kind, whether express, implied or statutory. No representations or warranties are made as to future performance of Vermilion, and previous performance should not be viewed as guarantees for future results. References to assets that were divested reflect performance during periods of operational control by Vermilion only, and should not be interpreted as ongoing operational responsibility, influence or control.

To the fullest extent permitted by law, Vermilion disclaims all representations, warranties and conditions of any kind, whether express, implied or statutory, including, without limitation, warranties of merchantability, merchantable quality, fitness for a particular purpose, title, non-infringement, accuracy, completeness, quiet enjoyment, uninterrupted access, compatibility, security, or freedom from computer viruses, malware or other harmful or destructive components.

Certain statements included or incorporated by reference on this website may constitute “forward-looking information” and “forward looking statements” within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995, respectively (collectively referred to herein as “forward-looking statements or information”). Such forward-looking statements or information typically contain statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose” or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking statements or information may include, but are not limited to: Vermilion’s ability to provide compounding shareholder returns; capital expenditures and Vermilion’s ability to fund such expenditures; business strategies, objectives and priorities; Vermilion’s budget; the flexibility of Vermilion’s capital program and operations; operational and financial performance; sustainability (Environment, Social, and Governance or ESG) data, targets, objectives, projections, goals, risks, and performance; estimated volumes of reserves and resources; petroleum and natural gas sales; changes in demand of oil and natural gas and the resulting effects on Vermilion; future production levels and the timing thereof, including Vermilion’s annual guidance, and rates of average annual production growth; the potential financial impact of climate-related risks; acquisition and disposition plans and the timing thereof, including the impacts integration of the Westbrick assets and the disposition of the Saskatchewan and US assets; Vermilion’s adaption of its portfolio for alternative energy and new technology; completion of our annual leak detection surveys at our operating locations; the retirement of our MLP program in the Netherlands; operating and other expenses, including the payment and amount of future dividends; royalty and income tax rates and Vermilion’s expectations regarding future taxes and taxability; and the timing of regulatory proceedings and approvals.

Such forward-looking statements or information are based on a number of current expectations and assumptions of which all or any may prove to be incorrect. In addition to any other assumptions identified on this website, assumptions have been made including, but not limited to: the timely receipt of required regulatory approvals and the possibility that government policies or laws may change or governmental approvals may be delayed or withheld; foreign currency exchange rates and interest rates and inflation rates; the ability of Vermilion to conduct operations in a safe manner; political stability of the areas in which Vermilion operates; the effects of changes to international trade policies; the accuracy of Vermilion’s budget; the continued improvement in advanced technology for renewables; the addressing of supply chain, human rights, and environmental issues for critical minerals; the accuracy of the RCP’s 4.5 scenario; the ability of Vermilion to retain key employees; the regulatory framework regarding royalties, taxes and environmental matters; global economic conditions; and the ability of Vermilion to execute plans.

Although Vermilion believes that the expectations reflected in such forward-looking statements or information are reasonable as of the date such statements were made, undue reliance should not be placed on forward-looking statements or information because Vermilion can give no assurance that such expectations will prove to be correct. Forward-looking statements or information are based on current expectations, estimates, and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Vermilion and described in the forward-looking statements or information. These risks and uncertainties include, but are not limited to: commodity prices; exchange rates; interest rates; geopolitical tensions; volatility of foreign exchange rates; inflationary pressures; increase in operating costs; cost of new technology; tax, royalty, and other government legislation; government regulations; policy and legal risks; political events and terrorist attacks; variations in interest rates and foreign exchange rates; environmental legislation; hydraulic fracturing regulations; climate change; competition; international operations and future geographical/industry expansion; acquisition assumptions; and other risks and uncertainties described elsewhere on this website or in Vermilion’s other filings with Canadian and US securities regulatory authorities. Many factors could cause Vermilion’s or any particular business unit’s actual results, performance, or achievements to vary from those described on this website, including, without limitation, those listed above and the assumptions upon which they are based proving incorrect. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described on this website as intended, planned, anticipated, believed, sought, proposed, estimated, forecasted, expected, projected, or targeted and such forward-looking statements included on this website should not be unduly relied upon. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and Vermilion’s future decisions and actions will depend on management’s assessment of all information at the relevant time. Such statements speak only as of the date of the document in which they are contained. The forward-looking statements and information referenced on this website are made as of the dates specified in the applicable documents, and Vermilion undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking statements contained on this website are expressly qualified by these cautionary statements.

This website contains references to sustainability/ESG data and performance that reflect metrics and concepts that are commonly used in such frameworks as the Greenhouse Gas Protocol, Global Reporting Initiative, the Task Force on Climate-related Financial Disclosures, and the Sustainability Accounting Standards Board. Vermilion has used best efforts to align with the most commonly accepted methodologies for ESG reporting, including with respect to climate data and information on potential future risks and opportunities, in order to provide a fuller context for our current and future operations. However, these methodologies are not yet standardized, are frequently based on calculation factors that change over time, continue to evolve rapidly and in some cases do not yet exist. Readers are particularly cautioned to evaluate the underlying definitions and measures used by other companies, as these may not be comparable to Vermilion’s. While Vermilion will continue to monitor and adapt its reporting accordingly, Vermilion is not under any duty to update or revise the related sustainability/ESG data or statements except as required by applicable securities laws.

In addition, in respect of the sustainability and ESG related matters contained on this website, Vermilion cautions the reader of the following:

• This website contains references to sustainability and ESG related data, including data obtained from clients and other third-party sources. Vermilion’s use of third-party data cannot be taken as an endorsement of the third-party or its data or be construed as energy instruments, including carbon offset credits, to meet its sustainability and ESG related objectives. The market for these instruments is still developing, and their availability may be limited. The maturity, liquidity and economics of this market may make it more difficult than expected for Vermilion to achieve its sustainability and ESG-related objectives. granting any form of intellectual property. Although Vermilion believes these sources are reliable, Vermilion has not independently verified all third-party data, or assessed the assumptions underlying such data, and cannot guarantee their accuracy. The data used by Vermilion in its sustainability and ESG-related disclosures may be limited in quantity, unavailable, or inconsistent across sectors. Certain third-party data may also change over time as sustainability and ESG standards evolve. These factors could have a material effect on Vermilion’s sustainability and ESG- related objectives and the ability to meet them. References to third party certifications, standards, labels or frameworks do not constitute an endorsement of Vermilion by such organizations, nor should they be interpreted as guarantees of ESG performance, regulatory compliance or future results.
• Certain statements on this website, including those related to targets, may be aspirational, as is made clear in the text. Achieving these targets and other aspirations depends on various assumptions, including about technological, economic, scientific, policy and legal trends and developments. As such, the information, the targets and aspirations set out on this website are subject to evolution, amendment, update and restatement over time. The terms “ESG”, “sustainability” and “net zero” and similar terms, taxonomies and criteria are evolving, and Vermilion’s use of such terms may change to reflect such evolution. Vermilion may need to purchase carbon and clean energy instruments, including carbon offset credits, to meet its sustainability and ESG-related objectives. The market for these instruments is still developing and their availability may be limited.
• Vermilion has retired, replaced or updated certain previously disclosed ESG targets, and historical references to targets, pathways or ambitions should not be interpreted as continuing such commitments unless expressly reaffirmed.

This is an evolving area, and, as such, our historical statements may not reflect our current approach of sustainability-related practice. Certain information contained on this website is not required to be prepared or filed by Vermilion under applicable securities laws, and the information contained herein should not be read as rising to the level of materiality of disclosure required in our securities law filings to be considered to be incorporated into such filings.