Vermilion Energy Financial and Operational Overview

VERMILION ENERGY FINANCIAL LEVERAGE 4.0x 3.0x 2.0x 1.0x VERMILION TARGETED LEVERAGE RANGE 0.0x LEVERAGE RATIOS NET DEBT TO FFO* -O-NET DEBT TO EBITDA** LOW FINANCIAL LEVERAGE IS ONE OF OUR FIVE CORE BUSINESS PRINCIPLES Reflects period-end Net Debt. ** EBITDA as defined in the credit agreement. VET: TSX WILL! NYSE 20

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