Endeavour announced its H2-2022 interim dividend of $100 million or approximately $0.41 per share based on its current issued share capital. As such, the total dividend amounts to $200 million or approximately $0.81 per share for FY-2022, which represents $50 million or 33% more than the minimum dividend commitment for the year, reiterating Endeavour's strong commitment to paying supplemental shareholder returns. The ex-dividend date for the H2-2022 interim dividend will be 23 February 2023 and the record date will be 24 February 2023.

The dividend will be paid on or about 28 March 2023 (the ?Payment Date?). Shareholders of shares traded on the Toronto Stock Exchange will receive dividends in Canadian Dollars (?CAD?), but can elect to receive United States Dollars (?USD?). Shareholders of shares traded on the London Stock Exchange will receive dividends in USD, but can elect to receive Pounds Sterling (?GBP?).

Currency elections and elections under the Company's dividend reinvestment plan ("DRIP") must be made by shareholders prior to 17:00 GMT on 7 March 2023. Dividends will be paid in the default or elected currency on the Payment Date, at the prevailing USD:CAD and USD:GBP exchange rates on 13 March 2022. This dividend does not qualify as an ?eligible dividend?

for Canadian income tax purposes. The tax consequences of the dividend will be dependent on the particular circumstances of a shareholder.