Officers Peyto Exploration & Development Corp.

Mr. Burdick began his oil and gas career in 1988 at the field level, in the operations service sector. He held various positions in the fields of well stimulation, geophysics, and pipeline/facility construction. This experience was garnered in the Alberta and British Columbia portions of the WCSB.In 2004 he received a B.Sc. Civil Engineering (Structural) and began his engineering career with Peyto. He spent his first year working in Peyto's field operations where he established a strong fundamental understanding of field operations and developed a solid rapport with Peyto's current field leadership group. After moving into Peyto's Calgary office in 2005, Mr. Burdick has continued to develop his experience across many facets of operations and has successfully helped build the production operations group into an effective and cohesive team.

Mr. Carlson joined Peyto in 2022 and was promoted to Vice President, Finance and Chief Financial Officer in April 2024. Mr. Carlson is a financial professional with over 20 years of finance, accounting, tax and management experience in the oil and gas industry. Prior to Peyto, he was Vice President, Finance and Chief Financial Officer at Altura Energy Inc. from 2015 to 2021. Before that, Mr. Carlson held roles of progressive responsibility in other junior and intermediate energy companies, and he began his career at PricewaterhouseCoopers LLP in 2002. Mr. Carlson has been a Chartered Accountant since 2005 and has a Bachelor of Commerce degree from the University of Alberta.

Mr. Curran joined Peyto in 2006 following various international and domestic drilling and completion assignments with Chevron Corporation and Apache Resources. Mr. Curran began his career in the field as a Drilling and Completion Supervisor following his completion of a B.Sc. degree in Mechanical engineering from the University of Calgary (1995).

Derick Czember has been involved in oil and gas land since 2002, specializing in negotiating exploration and development agreements, strategic acquisitions and divestments, land management and evaluations. Prior to joining Peyto in April 2015, Mr. Czember held various land related positions with increasing responsibility at Suncor Energy Inc., Daylight Energy Ltd. / Sinopec Daylight Energy Ltd., and most recently as Manager, Mineral Land at Peyto. Mr. Czember has a Bachelor of Commerce with a major in Petroleum Land Management from the Haskayne School of Business at the University of Calgary and is a member of the Canadian Association of Petroleum Landmen.

Mr. Frame joined Peyto in 2013 as an Exploitation Engineer and was promoted to Manager of Exploitation in 2019. In January 2022, he was appointed to Vice President, Engineering and subsequently to the role of Chief Operating Officer in January 2024. Mr. Frame started his career as a field production engineer working for Penn West Petroleum Ltd. in 2009. Since that time, Mr. Frame has worked in both a technical and management capacity, focusing on upstream oil and natural gas development. Mr. Frame has a Bachelor of Applied Science, majoring in Petroleum Engineering from Montana Tech of the University of Montana and is a licensed professional engineer with the Association of Professional Engineers and Geoscientists of Alberta (APEGA).

Mr. Chetner is a partner at the law firm of Burnet, Duckworth & Palmer LLP. Mr. Chetner started building his base of corporate securities legal experience in 1994. Mr. Chetner has been the Corporate Secretary to Peyto Exploration & Development Corp. since 2000. Mr. Chetner has an LLB from the University of Western Ontario and an LLM from the University of London (U.K.).