Saturn Oil & Gas Inc. Announces 2025 Results and Reserves, With $110 Million of Debt Repayment, Record Q4 Production Ahead of Guidance and 50% Free Funds Flow Yield

43,657 boe/d production in Q4/25 exceeded guidance by over 1,100 boe/d (2) and was 6% higher than Q3/25 Repaid $110 million of debt to exit 2025 with $761.5 million of net debt (1) Adjusted funds flow (1) ("AFF") of $464 million ($2.40/share) in 2025 increased 22% year-over-year Record $223 million ($1.15/share) of annual free funds flow (1) drove 50% free funds flow yield (1) at year-end, with over $33 million returned to shareholders in 2025 via ongoing share buybacks $5.47/share of PDP net asset value with 31% expansion in PDP reserves per debt-adjusted share (1)(14) Calgary, Alberta--(Newsfile Corp. - March 11, 2026) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, is pleased to report our operating and audited financial results for the three and twelve months ended December 31, 2025, highlighted by quarterly production above guidance, record free funds flow and free funds flow yield, continued debt repayment and return of capital to shareholders, along with a summary of the Company's 2025 year-end independent reserves evaluation. Saturn's financial statements ("Financial Statements"), Management's Discussion and Analysis ("MD&A") and Annual Information Form ("AIF") will be available on our website and filed on SEDAR+ at sedarplus.ca.