Company: TPET
Filing Date: 2025-02-05
Form Type: S-1/A
Source: 0001493152-25-005014
Chunk: 232

Company: Trio Petroleum Corp.
Filing Date: 2025-02-05
Form: S-1/A
Chunk 232
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        |   2,750 |
| $           |  7.91 |     |        |  74,462 |     |             | 4.7 |     |        |  74,462 |
|             |       |     |        | 191,994 |     |             | 3.8 |     |        | 191,994 |

| F-26 |

Stock Options

A summary of the option activity during the years ended October 31, 2024 and 2023 is presented below:

SCHEDULE OF STOCK OPTION ACTIVITY

| Outstanding,     
 November 1, 2022 
 Issued           
 Outstanding,     
 November 1, 2023 
 Issued           
 Exercised        
 Cancelled        
 Expired          |     | Number  
 of      
 Options |     - 
 6,000 
 6,000 
     - 
     - 
     - 
     - |     | Weighted 
 Average  
 Exercise 
 Price    |     - 
 10.46 
 10.46 
     - 
     - 
     - 
     - |     | Weighted  
 Average   
 Remaining 
 Life      
 in        
 Years     |   - 
 4.8 
 4.8 
   - 
   - 
   - 
   - |     | Intrinsic 
 Value     | -     
 1,800 
 1,800 
 -     
 -     
 -     
 -     |
|:-----------------|:----|:--------|------:|:----|:---------|------:|:----|:----------|----:|:----|:----------|:------|
| Outstanding,     
 October 31, 2024 |     |         | 6,000 |     | $        | 10.46 |     |           | 3.8 |     | $         | -     |
| Exercisable,     
 October 31, 2024 |     |         | 6,000 |     | $        | 10.46 |     |           | 3.8 |     | $         | -     |

A summary of outstanding and exercisable options as of October 31, 2024 and 2023 is presented below:

SCHEDULE OF OUTSTANDING AND EXERCISABLE OPTIONS

| Options     
 Outstanding 
 Exercise    
 Price       |       |     | Number 
 of     
 Shares |       |     | Options     
 Exercisable 
 Weighted    
 Average