Alpine Summit Energy Partners, Inc. announce that, in accordance with its current monthly dividend policy, the Board of Directors of the Company has declared a dividend of USD 0.03 per subordinate voting share for the month of August 2022. Simultaneously with declaring the dividend on the subordinate voting shares, the directors also declared a dividend on the Company's multiple voting shares equal to USD 3.00 per share and a dividend on the Company's proportionate voting shares equal to USD 0.03 per share. The dividend is payable on August 31, 2022, to the shareholders of record at the close of business on August 17, 2022.

The dividend qualifies as an "eligible dividend" as defined in the Income Tax Act (Canada).