Vermilion Energy Financial and Operational Overview

VERMILION ENERGY LA TESTE ECO-NEIGHBOURHOOD Our operations in La Teste, France now support an eco-neighborhood of 550 homes that are heated the same way as the tomato greenhouses, using recycled geothermal energy from our oil operation 30-year partnership to provide 80% of the energy required for 550 homes Provides 1 MW of renewable energy and prevents the emission of 500 tonnes of CO2/year What is an Eco-Neighborhood? Developed urban space that has sustainable development principles as its main concern Adapted to the natural characteristics of the land to the fullest extent possible Eco-Neighborhood seal of approval created by French government in 2012 Objectives of the Eco-Neighborhood Reduce energy consumption and develop the use of renewable energies Optimize mobility management Reduce water consumption Minimize waste production Promote biodiversity Promote socio-economic, cultural and generational diversity La Teste Project in Aquitaine Basin 30% of housing units are designated for "social" housing (also known as "low-income" housing) Vermilion partnership will generate a 50% decrease in energy bills Vermilion is also participating in the conservation and management of protected plant species CDP A LIST 2006 CLIMATE Part of our Les Arbousiers Nord oil field, where protected plants grow naturally, will be sheltered from future urban development Eco-responsibility Agreement with Itteville in Paris Basin In 2018, Vermilion committed to expanding this concept to a planned eco-district of 900 apartments dedicated to social housing ADVANCES BOTH ENVIRONMENTAL SUSTAINABILITY AND ECONOMIC INCLUSIVITY VET: TSX ! NYSE 38

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