Environmental, Social & Governance Extractive Sector Transparency Measures Act (ESTMA) The Extractive Sector Transparency Measures Act (“ESTMA” or the “Act”) was enacted by the Government of Canada on December 16, 2014, and made effective for financial years beginning after June 1, 2015. The Act delivers on Canada’s international commitments to contribute to global efforts to increase transparency and deter corruption in the extractive sector by requiring extractive entities active in Canada to publicly disclose, on an annual basis, specific payments made to all governments in Canada and abroad. Payments made to Indigenous governments in Canada must begin to be reported as of June 1, 2017, following a two year deferral of this reporting requirement. Payments in the ESTMA Report reflect gross payments made directly by Kelt Exploration Ltd. and its wholly owned subsidiary, Kelt Exploration (LNG) Ltd., and are reported in accordance with the requirements of the Act. Due to the Act’s definitions and reporting specifications, payments reflected in the ESTMA Report may differ from amounts reported by the Company in other public disclosure. 2020 ESTMA Report 2019 ESTMA Report 2018 ESTMA Report 2017 ESTMA Report 2016 ESTMA Report Kelt Exploration Ltd. Suite 300, East Tower 311 Sixth Avenue S.W. Calgary, Alberta, Canada T2P 3H2 T 403.294.0154 F 403.291.0155 24 HR EMERGENCY 1.855.845.9787 Legal & Privacy Notice

Contact Primary Contacts David J. Wilson Sadiq H. Lalani President & CEO Vice President & CFO Office Locations Head Office Suite 300, East Tower 311 Sixth Avenue S.W. Calgary, Alberta Canada T2P 3H2 T 403.294.0154 F 403.291.0155 24 HR EMERGENCY 1.855.845.9787 Grande Prairie Field Office Suite 108, 10055 120th Avenue Grande Prairie, Alberta Canada T8V 8H8 T 780.513.2801 F 780.513.2803 Notices Recruitment Notices or Fraudulent Employment Notices It has come to our attention that persons have received fraudulent notices of employment opportunities via email from unauthorized third parties posing as Kelt Exploration Ltd. Please be aware that Kelt is not in any way affiliated, connected, or represented by any third party groups and their fraudulent offers. Please do not reply to these notices, do not supply personal information and do not pay money to anyone alleging to be part of this process. If you receive a fraudulent notice from an organization posing as Kelt, please disregard immediately. Contact Us Send Kelt Exploration Ltd. Suite 300, East Tower 311 Sixth Avenue S.W. Calgary, Alberta, Canada T2P 3H2 T 403.294.0154 F 403.291.0155 24 HR EMERGENCY 1.855.845.9787 Legal & Privacy Notice