Mr. Phillips is the President and Chief Executive Officer of the Company and has more than 20 years of experience in the oil and gas industry in the areas of exploration, geology, business development, asset evaluation and executive management. Prior to his appointment as President & Chief Executive Officer of the Company, Mr. Phillips was the President and Chief Executive Officer and a director of Home Quarter Resources Ltd. (“Home Quarter”), a private oil and gas company founded by Mr. Phillips in 2010 with producing properties and royalty interests in southwest Saskatchewan and Alberta. Home Quarter was successfully divested to a public oil and gas company in 2014. Prior thereto, Mr. Phillips was the Vice President, Exploration at Evolve Exploration Ltd., a private junior oil and gas company with assets in western Canada, and an Exploration Geologist at Profico Energy Management Ltd. and at Renaissance Energy Ltd., both of which were Canadian oil and gas exploration companies. Mr. Phillips holds a Bachelor of Science, Geology degree from the University of Calgary and is a member of the Association of Professional Engineers and Geoscientists of Alberta and the Canadian Society of Petroleum Geologists. Mr. Phillips is a member of the Board of the Alberta Children’s Hospital Foundation.

Ms. Kazeil is the Senior Vice President, Finance & Chief Financial Officer of PrairieSky Royalty, and has significant experience in the oil and gas industry managing finance, accounting, treasury and tax. Prior to joining the company, Ms. Kazeil held the Chief Financial Officer position at Sinopec Canada. Ms. Kazeil’s experience includes serving as Vice President, Finance of Daylight Energy Ltd. from 2008 to 2011, and prior thereto Ms. Kazeil held increasingly senior finance roles with Sword Energy Ltd. and its predecessor Thunder Energy Trust from 2004 to 2008, including as Vice President, Finance and Chief Financial Officer. Ms. Kazeil started her accounting career at KPMG LLP in 2001. Ms. Kazeil is a Chartered Accountant and holds a Bachelor of Commerce degree from the University of Ottawa and a Bachelor of Education degree from the University of Saskatchewan. Ms. Kazeil is a Fundamentals of Sustainability Accounting (FSA) Credential Holder.

Mr. Bertram is the Vice-President, Business Development and Chief Commercial Officer and brings extensive leadership experience to the Company in business development, strategy and planning and finance. Mr. Bertram was most recently Senior Vice President and Chief Strategy Officer at Superior Plus Corp, a leading North American energy distributor. From 2019 to 2023, Mr. Bertram was the Vice President, Business Development at Certarus Ltd. and prior to, spent over five years at Alaris Royalty Corp. as Vice President, Business Development, leading their origination and deployment efforts. Earlier in his career, he worked for Deans Knight Capital Management as an Investment Analyst and spent time in the investment banking industry. Mr. Bertram graduated in finance from Boston College and holds a CFA designation.

Mr. Murphy is the Vice-President, Geosciences and Capital Markets of the Company and has 19 years of experience across the oil and gas industry and related capital markets. Prior to joining the Company in January 2024, Mr. Murphy spent 10 years in sell side equity research focused on the energy sector. Most recently, he was an Analyst as part of a top-ranked equity research team at BMO Capital Markets, covering Canadian small/mid-cap exploration and production and royalty companies. Prior thereto, Mr. Murphy was a Senior Research Associate at Macquarie Capital Markets Canada. Mr. Murphy started his career as a geologist at multiple junior public oil and gas companies in roles of increasing responsibility, focused on both the Western Canadian Sedimentary Basin and international exploration and production. Mr. Murphy holds a Bachelor of Science, Geology degree from the University of Calgary and is a member of the Association of Professional Engineers and Geoscientists of Alberta.

Ms. McKenzie’s principal occupation is as a Corporate Director. Ms. McKenzie was the Vice‑President, Finance and Chief Financial Officer of Range Royalty (a private oil and gas limited partnership) from 2006 to 2014 and prior thereto was Vice‑President, Finance and Chief Financial Officer of Profico Energy Management Ltd. (a private oil and natural gas company). Ms. McKenzie holds a Bachelor of Commerce degree (with distinction) from the University of Saskatchewan and has been a member of the Chartered Professional Accountants of Alberta since 1985. She obtained her ICD.D designation from the Institute of Corporate Directors in 2013 and was recognized as a Fellow of the Chartered Professional Accountants (FCPA) of Alberta in 2022. Ms. McKenzie is an experienced director and currently sits as a director of Canadian National Railway Company, a TSX‑ and NYSE‑listed leader in North American transportation and logistics and Spur Petroleum Ltd. (private). Ms. McKenzie is also on the Board of Governors for Hull Services, a registered not-for-profit which has been helping Calgary’s children, youth, and families navigate mental health challenges and other barriers since 1962.

Mr. Phillips is the President and Chief Executive Officer of the Company and has more than 20 years of experience in the oil and gas industry in the areas of exploration, geology, business development, asset evaluation and executive management. Prior to his appointment as President & Chief Executive Officer of the Company, Mr. Phillips was the President and Chief Executive Officer and a director of Home Quarter Resources Ltd. (“Home Quarter”), a private oil and gas company founded by Mr. Phillips in 2010 with producing properties and royalty interests in southwest Saskatchewan and Alberta. Home Quarter was successfully divested to a public oil and gas company in 2014. Prior thereto, Mr. Phillips was the Vice President, Exploration at Evolve Exploration Ltd., a private junior oil and gas company with assets in western Canada, and an Exploration Geologist at Profico Energy Management Ltd. and at Renaissance Energy Ltd., both of which were Canadian oil and gas exploration companies. Mr. Phillips holds a Bachelor of Science, Geology degree from the University of Calgary and is a member of the Association of Professional Engineers and Geoscientists of Alberta and the Canadian Society of Petroleum Geologists. Mr. Phillips is a member of the Board of the Alberta Children’s Hospital Foundation.

Ms. Alderson is an experienced Corporate Director based in Calgary with over 35 years of experience in all sectors of the energy industry as well as financial services. Ms. Alderson retired from KPMG LLP in 2019 after a distinguished career as an audit partner in Calgary, Toronto and Hong Kong. Ms. Alderson is a Chartered Professional Accountant, holds her ICD.D designation from the Institute of Corporate Directors and earned a Bachelor of Commerce degree (with great distinction) from the University of Saskatchewan. Ms. Alderson is also a director of Tenaz Energy Corp., a TSX‑listed oil and gas exploration company with assets in Canada and Europe. Ms. Alderson is a member of the audit committees of the Calgary Foundation and Calgary Exhibition & Stampede.

Mr. Duggal is a private investor since 2018 with significant institutional investing experience with the global energy sector. He was a partner at 3G Capital, a global multi-billion dollar asset manager, where he helped launch, manage and grow a natural resource focused equity and credit fund. Prior to that he was an investor with Goldman Sachs Investment Partners, which was the Asset Management division’s flagship hedge fund. Mr. Duggal is also an Adjunct Professor for the MBA program at Columbia Business School where he teaches value investing courses through the Heilbrunn Center for Graham & Dodd Investing. Mr. Duggal graduated from the University of Western Ontario with an Honors Business Administration degree (Richard Ivey School of Business, gold medalist) and an Electrical Engineering degree. Mr. Duggal currently sits on the board of directors of Calfrac Well Services Ltd., a provider of specialized oilfield services, and Computer Modelling Group Ltd., a global software and consulting company to the energy industry, both of which are listed on the TSX.

Mr. Dundas’ principal occupation is as a Corporate Director. He previously served as a Director and President & Chief Executive Officer of Enerplus Corporation (Enerplus) from 2013 until Enerplus combination with Chord Energy Corporation in May 2024. Mr. Dundas joined Enerplus in 2002 as Vice President of Business Development, responsible for corporate acquisition and divestment strategies. In 2011, Mr. Dundas was appointed Executive Vice President and Chief Operating Officer, where he oversaw the development and execution of Enerplus’ operational strategies, strategic planning, marketing and reserves, as well as acquisitions and divestments.

In addition to PrairieSky, Mr. Dundas sits on the board of Chord Energy Corporation, an oil and natural gas production and exploration company listed on the NASDAQ. Mr. Dundas has been an active volunteer in numerous charitable endeavors and was Co-chair of the Calgary YMCA Power of Potential campaign. Mr. Dundas has previously served on the board of numerous private and public companies and industry trade organizations. Mr. Dundas holds a Bachelor of Commerce (Distinction) from the University of Calgary and a Bachelor of Laws (Distinction) from the University of Alberta. He was called to the Alberta Bar in 1995.

Ms. Gavan’s principal occupation is as a Corporate Director. She has over 30 years of progressive experience in the real estate industry. Until her retirement in 2025, she held several leadership positions within the Dream group of companies, which companies operate in the real estate and asset management verticals in Canada, the U.S. and Europe.  At various times in the last several years with the Dream group, she held the positions of President, Asset Management as well as CEO of three real estate investment trusts, all of which are or were listed on the TSX: Dream Global REIT; Dream Office REIT; and Dream Residential REIT.  Ms. Gavan holds an Honours Bachelor of Commerce degree from Carleton University and a Bachelor of Laws degree from Osgoode Hall, York University. She was called to the bar in 1987.

In addition to PrairieSky, Ms. Gavan sits on the boards of Dream Unlimited, a real estate owner, developer and asset manager, Dream Office REIT, an owner and operator of office real estate, and Colliers International Group Inc., a leading global diversified professional service and investment management company. All of the foregoing are listed on the TSX. Ms. Gavan is also on the Patron’s Council for Community Living Toronto.

Mr. McNamara is a Professional Engineer with more than forty years of oil and gas exploration and production experience in progressively more senior roles in Canada and across a variety of international regions, including South America, the United States, Europe and Asia Pacific. His extensive commercial and operational experience spans both large organizations and smaller entrepreneurial environments, most recently serving as President & Chief Executive Officer and a director of Heritage Royalty Resource Corp. Prior to, Mr. McNamara’s experience included serving as President of BG Canada, responsible for all aspects of BG Canada’s business and holding several senior executive positions with ExxonMobil, ExxonMobil Canada, and Mobil Oil Canada, including President of ExxonMobil Canada West. Mr. McNamara holds his ICD.D designation from the Institute of Corporate Directors. Mr. McNamara is also a director of Whitecap Resources Inc. and Parex Resources Inc., both of which are listed on the TSX and Atlas Energy Corp., which is listed on the TSXV.

Mr. Steeves’ principal occupation is as a Corporate Director. From January 2001 until April 2012, Mr. Steeves was Chairman and Chief Executive Officer of Echoex Ltd., a private junior oil and natural gas company, and spent over 15 years at Renaissance Energy Ltd., a Canadian oil and gas exploration company, where he was appointed Chief Operating Officer & Executive Vice‑President in 1997. Mr. Steeves holds a Bachelor of Science degree in Geology from the University of Calgary and is a member of the Association of Professional Engineers and Geoscientists of Alberta, the Canadian Society of Petroleum Geologists and the American Association of Petroleum Geologists.