<p>/PRNewswire/ - Whitecap Resources Inc. (&#34; <strong>Whitecap</strong>&#34;) (TSX: WCP) 和 Veren Inc. (&#34; <strong>Veren</strong>&#34;) (TSX: VRN) (NYSE: VRN) 很高興地宣佈，阿爾伯塔省國王法庭已根據《商業公司法》（阿爾伯塔省）第 193 條授予與先前宣佈的安排計劃相關的最終命令（&#34; <strong>業務合併</strong>&#34;），根據該計劃，Whitecap 將收購 Veren 所有已發行和流通的普通股。根據業務合併的條款，Veren 股東將每持有一股 Veren 普通股獲得 1.05 股 Whitecap 普通股。Whitecap 股東和 Veren 股東在 2025 年 5 月 6 日的特別會議上已獲得與業務合併相關的批准。</p>
<p>在滿足或放棄 2025 年 3 月 9 日 Whitecap 和 Veren 之間簽署的業務合併協議中規定的實施業務合併的條件後，預計業務合併將在 2025 年 5 月 12 日完成，Veren 的普通股預計將在 2025 年 5 月 13 日市場收盤時從多倫多證券交易所（&#34; <strong>TSX</strong>&#34;）退市。</p>
<p><strong>美國投資者考慮事項</strong></p>
<p>假設業務合併在 2025 年 5 月 12 日星期一市場開盤前完成，如當前計劃所示，Veren 的普通股將在此時停止在紐約證券交易所（&#34; <strong>NYSE</strong>&#34;）交易。Whitecap 的普通股將不會在 NYSE 上上市，Whitecap 打算終止因本次交易而可能與證券交易委員會（&#34; <strong>SEC</strong>&#34;）的任何報告義務。美國投資者應諮詢自己的顧問，瞭解持有未在美國交易所上市或未向 SEC 報告的發行人股份的任何影響。</p>
<p>更多信息：</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Grant Fagerheim, 總裁兼首席執行官</strong></td>
<td><strong>Craig Bryksa, 總裁兼首席執行官</strong></td>
</tr>
<tr>
<td>或</td>
<td>或</td>
</tr>
<tr>
<td><strong>Thanh Kang, 高級副總裁兼首席財務官</strong></td>
<td><strong>Ken Lamont, 首席財務官</strong></td>
</tr>
<tr>
<td>Whitecap Resources Inc.</td>
<td>Veren Inc.</td>
</tr>
<tr>
<td>3800, 525 – 8th Avenue SW</td>
<td>2000, 585 – 8th Avenue SW</td>
</tr>
<tr>
<td>Calgary, AB T2P 1G1</td>
<td>Calgary, AB T2P 1G1</td>
</tr>
<tr>
<td>(403) 266-0767</td>
<td>(403) 693-0020</td>
</tr>
<tr>
<td>www.wcap.ca</td>
<td>www.vrn.com</td>
</tr>
<tr>
<td>InvestorRelations@wcap.ca</td>
<td></td>
</tr>
</tbody>
</table>
<p><strong>關於前瞻性聲明的説明</strong></p>
<p>本新聞稿包含前瞻性聲明和前瞻性信息（統稱為&#34;前瞻性信息&#34;），根據適用的證券法，涉及基於 Whitecap 和 Veren 做出的某些假設的未來當前預期。儘管 Whitecap 和 Veren 相信這些前瞻性信息所代表的預期是合理的，但不能保證這些預期會被證明是正確的。本新聞稿中的前瞻性信息通過&#34;期望&#34;、&#34;將&#34;或類似表達來識別，幷包括對未來結果的建議，包括 Whitecap 預計收購 Veren 的普通股；業務合併的預計完成日期；各方滿足其他條件並完成業務合併的能力；Veren 的普通股預計將從 TSX 退市以及在 NYSE 停止交易的預期時間；以及 Whitecap 打算終止其可能與 SEC 的任何報告義務。</p>
<p>讀者應謹慎對待前瞻性信息，不應過度依賴，因為 Whitecap 和 Veren 的實際結果可能與所表達或暗示的結果有重大差異。Whitecap 和 Veren 不承擔更新或修訂任何前瞻性信息的義務，除非法律要求。開發前瞻性信息涉及依賴多個假設，並考慮某些風險和不確定性，其中一些是特定於 Whitecap 和 Veren 的，其他則適用於整個行業。本新聞稿中前瞻性信息所基於的重大因素或假設包括：成功完成業務合併，包括在預期時間內滿足完成條件。</p>
<p>有關假設、風險因素和不確定性的信息，可能導致 Whitecap 或 Veren 的實際結果與本新聞稿中表達或暗示的任何未來業績或結果的估計或預測有重大差異，已在 Whitecap 和 Veren 於 2025 年 3 月 28 日發佈的聯合管理信息通函中描述，該通函可在 Whitecap 和 Veren 的 SEDAR+ 資料上找到，網址為 www.sedarplus.ca。</p>
<p>來源 Veren Inc.</p>

<p>Whitecap Resources Inc. 和 Veren Inc. 已獲得最終法院命令，批准其安排計劃，允許 Whitecap 收購所有未償還的 Veren 股票。股東將每持有一股 Veren 股票獲得 1.05 股 Whitecap 股票。該交易預計將於 2025 年 5 月 12 日完成，Veren 的股票將在此後不久從多倫多證券交易所和紐約證券交易所退市。美國投資者應諮詢顧問，瞭解持有未在美國交易所上市股票的影響。前瞻性聲明提醒不要過度依賴未來預期</p>

<p>, /PRNewswire/ - Whitecap Resources Inc. (&#34; <strong>Whitecap</strong>&#34;) (TSX: WCP) and Veren Inc. (&#34; <strong>Veren</strong>&#34;) (TSX: VRN) (NYSE: VRN) are pleased to announce that the Court of King's Bench of Alberta has granted the final order in connection with the previously announced plan of arrangement under Section 193 of the <em>Business Corporations Act</em> (Alberta) (the &#34; <strong>Business Combination</strong>&#34;), pursuant to which Whitecap will acquire all of the issued and outstanding common shares of Veren. Under the terms of the Business Combination, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held. Approval of the Whitecap shareholders and the Veren shareholders in connection with the Business Combinationwas obtained on May 6, 2025 at special meetings of Whitecap shareholders and Veren shareholders, respectively.</p>
<div class="lb-trans"><p>/PRNewswire/ - Whitecap Resources Inc. (&#34; <strong>Whitecap</strong>&#34;) (TSX: WCP) 和 Veren Inc. (&#34; <strong>Veren</strong>&#34;) (TSX: VRN) (NYSE: VRN) 很高興地宣佈，阿爾伯塔省國王法庭已根據《商業公司法》（阿爾伯塔省）第 193 條授予與先前宣佈的安排計劃相關的最終命令（&#34; <strong>業務合併</strong>&#34;），根據該計劃，Whitecap 將收購 Veren 所有已發行和流通的普通股。根據業務合併的條款，Veren 股東將每持有一股 Veren 普通股獲得 1.05 股 Whitecap 普通股。Whitecap 股東和 Veren 股東在 2025 年 5 月 6 日的特別會議上已獲得與業務合併相關的批准。</p>
</div><p>Subject to the satisfaction or waiver of the conditions to implementing the Business Combination as set out in the business combination agreement dated March 9, 2025 between Whitecap and Veren, the Business Combination is anticipated to be completed on May 12, 2025 and Veren's common shares are expected to be delisted from the Toronto Stock Exchange (&#34; <strong>TSX</strong>&#34;) at close of markets on May 13, 2025.</p>
<div class="lb-trans"><p>在滿足或放棄 2025 年 3 月 9 日 Whitecap 和 Veren 之間簽署的業務合併協議中規定的實施業務合併的條件後，預計業務合併將在 2025 年 5 月 12 日完成，Veren 的普通股預計將在 2025 年 5 月 13 日市場收盤時從多倫多證券交易所（&#34; <strong>TSX</strong>&#34;）退市。</p>
</div><p><strong>U.S. INVESTOR CONSIDERATIONS</strong></p>
<div class="lb-trans"><p><strong>美國投資者考慮事項</strong></p>
</div><p>Assuming that the Business Combination closes before markets open on Monday, May 12, 2025 as is currently planned, Veren's common shares will cease trading on the New York Stock Exchange (&#34; <strong>NYSE</strong>&#34;) at such time. Whitecap's common shares will not be listed on the NYSE and Whitecap intends to terminate any reporting obligations it may have with the Securities and Exchange Commission (&#34; <strong>SEC</strong>&#34;) as a result of this transaction. Investors in the United States should consult their own advisors regarding any implications of owning shares of an issuer that is not listed on a U.S. exchange or reporting with the SEC.</p>
<div class="lb-trans"><p>假設業務合併在 2025 年 5 月 12 日星期一市場開盤前完成，如當前計劃所示，Veren 的普通股將在此時停止在紐約證券交易所（&#34; <strong>NYSE</strong>&#34;）交易。Whitecap 的普通股將不會在 NYSE 上上市，Whitecap 打算終止因本次交易而可能與證券交易委員會（&#34; <strong>SEC</strong>&#34;）的任何報告義務。美國投資者應諮詢自己的顧問，瞭解持有未在美國交易所上市或未向 SEC 報告的發行人股份的任何影響。</p>
</div><p>For further information:</p>
<div class="lb-trans"><p>更多信息：</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Grant Fagerheim, President &amp; CEO</strong></td>
<td><strong>CraigBryksa, President &amp; CEO</strong></td>
</tr>
<tr>
<td>or</td>
<td>or</td>
</tr>
<tr>
<td><strong>Thanh Kang, Senior Vice President &amp; CFO</strong></td>
<td><strong>Ken Lamont, CFO</strong></td>
</tr>
<tr>
<td>Whitecap Resources Inc.</td>
<td>Veren Inc.</td>
</tr>
<tr>
<td>3800, 525 – 8th Avenue SW</td>
<td>2000, 585 – 8th Avenue SW</td>
</tr>
<tr>
<td>Calgary, AB T2P 1G1</td>
<td>Calgary, AB T2P 1G1</td>
</tr>
<tr>
<td>(403) 266-0767</td>
<td>(403) 693-0020</td>
</tr>
<tr>
<td>www.wcap.ca</td>
<td>www.vrn.com</td>
</tr>
<tr>
<td>InvestorRelations@wcap.ca</td>
<td></td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Grant Fagerheim, 總裁兼首席執行官</strong></td>
<td><strong>Craig Bryksa, 總裁兼首席執行官</strong></td>
</tr>
<tr>
<td>或</td>
<td>或</td>
</tr>
<tr>
<td><strong>Thanh Kang, 高級副總裁兼首席財務官</strong></td>
<td><strong>Ken Lamont, 首席財務官</strong></td>
</tr>
<tr>
<td>Whitecap Resources Inc.</td>
<td>Veren Inc.</td>
</tr>
<tr>
<td>3800, 525 – 8th Avenue SW</td>
<td>2000, 585 – 8th Avenue SW</td>
</tr>
<tr>
<td>Calgary, AB T2P 1G1</td>
<td>Calgary, AB T2P 1G1</td>
</tr>
<tr>
<td>(403) 266-0767</td>
<td>(403) 693-0020</td>
</tr>
<tr>
<td>www.wcap.ca</td>
<td>www.vrn.com</td>
</tr>
<tr>
<td>InvestorRelations@wcap.ca</td>
<td></td>
</tr>
</tbody>
</table>
</div><p><strong>NOTE REGARDING FORWARD-LOOKING STATEMENTS</strong></p>
<div class="lb-trans"><p><strong>關於前瞻性聲明的説明</strong></p>
</div><p>This press release contains forward-looking statements and forward-looking information (collectively &#34;forward-looking information&#34;) within the meaning of applicable securities laws relating to current expectations about the future, based on certain assumptions made by Whitecap and Veren. Although Whitecap and Verenbelieve that the expectations represented by such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Forward-looking information in this press release is identified by words such as &#34;expect&#34;, &#34;will&#34;, or similar expressions and includes suggestions of future outcomes, including the expected acquisition by Whitecap of the common shares of Veren; the expected closing date of the Business Combination; the ability of the parties to satisfy the other conditions to, and to complete, the Business Combination; the expected delisting of Veren's common shares from the TSX and the cease of trading of Veren's common shares on the NYSE and the anticipated timing thereof; and the intention of Whitecap to terminate any reporting obligations it may have with the SEC.</p>
<div class="lb-trans"><p>本新聞稿包含前瞻性聲明和前瞻性信息（統稱為&#34;前瞻性信息&#34;），根據適用的證券法，涉及基於 Whitecap 和 Veren 做出的某些假設的未來當前預期。儘管 Whitecap 和 Veren 相信這些前瞻性信息所代表的預期是合理的，但不能保證這些預期會被證明是正確的。本新聞稿中的前瞻性信息通過&#34;期望&#34;、&#34;將&#34;或類似表達來識別，幷包括對未來結果的建議，包括 Whitecap 預計收購 Veren 的普通股；業務合併的預計完成日期；各方滿足其他條件並完成業務合併的能力；Veren 的普通股預計將從 TSX 退市以及在 NYSE 停止交易的預期時間；以及 Whitecap 打算終止其可能與 SEC 的任何報告義務。</p>
</div><p>Readers are cautioned not to place undue reliance on forward-looking information as Whitecap's and Veren's actual results may differ materially from those expressed or implied. Neither Whitecap nor Veren undertake any obligation to update or revise any forward-looking information except as required by law. Developing forward-looking information involves reliance on a number of assumptions and consideration of certain risks and uncertainties, some of which are specific to Whitecap and Veren and others that apply to the industry generally. Material factors or assumptions on which the forward-looking information in this press release is based include: successful closing of the Business Combination, including satisfying conditions to closing, within expected timelines.</p>
<div class="lb-trans"><p>讀者應謹慎對待前瞻性信息，不應過度依賴，因為 Whitecap 和 Veren 的實際結果可能與所表達或暗示的結果有重大差異。Whitecap 和 Veren 不承擔更新或修訂任何前瞻性信息的義務，除非法律要求。開發前瞻性信息涉及依賴多個假設，並考慮某些風險和不確定性，其中一些是特定於 Whitecap 和 Veren 的，其他則適用於整個行業。本新聞稿中前瞻性信息所基於的重大因素或假設包括：成功完成業務合併，包括在預期時間內滿足完成條件。</p>
</div><p>Additional information about assumptions, risk factors, and uncertainties on which the forward-looking information is based and that could cause Whitecap's or Veren's actual results to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements are described in the joint management information circular of Whitecap and Veren dated March 28, 2025, which is available on Whitecap's and Veren's SEDAR+ profiles at www.sedarplus.ca.</p>
<div class="lb-trans"><p>有關假設、風險因素和不確定性的信息，可能導致 Whitecap 或 Veren 的實際結果與本新聞稿中表達或暗示的任何未來業績或結果的估計或預測有重大差異，已在 Whitecap 和 Veren 於 2025 年 3 月 28 日發佈的聯合管理信息通函中描述，該通函可在 Whitecap 和 Veren 的 SEDAR+ 資料上找到，網址為 www.sedarplus.ca。</p>
</div><p>SOURCE Veren Inc.</p>
<div class="lb-trans"><p>來源 Veren Inc.</p>
</div>

WHITECAP RESOURCES INC. 和 VEREN INC. 宣佈收到關於安排計劃的最終命令 | VRN 股票新聞