Lycos Energy Inc. announced that Geri Greenall was elected to the company's board of directors at the annual general and special meeting of shareholders of Lycos held on 14 June 2023. Ms. Greenall is currently a director of Kelt Exploration Ltd. and the Chief Financial Officer of Spartan Delta Corp. She has over 22 years of experience in the energy and financial services sectors, including over a decade of experience as a Portfolio Manager and Chief Compliance Officer for investment fund managers and a strong background in both public equity analysis and commodity trading.

Ms. Greenall holds a Bachelor of Commerce in Finance from the University of Calgary as well as the Chartered Financial Analyst and Institute of Corporate Directors designations. Ms. Greenall also holds the FSA Level 1 Credential from the Sustainable Accounting Standards Board. The Company also announces that Mr. Don Cowie, who decided not to stand for re-election at the Annual Meeting, has retired from the Company's board of directors.