Trio Petroleum (TPET) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 21, 2026, with virtual participation available to shareholders.

• Shareholders are encouraged to review proxy materials and vote by May 20, 2026.

Voting matters and shareholder proposals

• Election of Robin Ross as a Class III director to serve until the 2029 annual meeting.

• Proposal to approve a reverse stock split at a ratio between 1:2 and 1:10, at the board's discretion.

• Amendment to increase shares reserved under the 2022 Equity Incentive Plan by 3,500,000 shares.

• Ratification of Bush & Associates CPA LLC as independent auditor for the fiscal year ending October 31, 2026.

• Provision to transact other business as may properly come before the meeting.

Board of directors and corporate governance

• Board recommends approval of all proposals presented for shareholder vote.

• Board retains discretion to set the exact ratio for the reverse stock split.