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Regulatory press release

Meren Energy Inc.: Meren Announces Share Capital Update

Meren Energy
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VANCOUVER, BC, Nov. 28, 2025 /CNW/ - (MER-TSX, MER-Nasdaq-Stockholm, MRNFF-OTCQX) - Meren Energy Inc. ("Meren" or the "Company") reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act.

As a result of the issuance of 184,000 common shares pursuant to the exercise of share options, the Company has 675,725,593 common shares issued and outstanding with voting rights as at November 28, 2025.

Additional Information

This information is information that Meren is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out above, at 5:00 p.m. ET on November 28, 2025.

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