Forza Petroleum : 2023 Notice of Annual and Special Meeting of Shareholders

NOTICE OF 2023 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

To the shareholders of Forza Petroleum Limited ("Forza Petroleum" or the "Corporation"):

NOTICE IS HEREBY GIVEN that the annual and special meeting of the shareholders of Forza Petroleum (the "Meeting") will be held at the offices of Forza Petroleum Services SA at Route de Pré-Bois 14, 1216 Cointrin, Switzerland on Tuesday, June 27, 2023, at 4:00 p.m. (Central European Summer Time) for the following purposes, which are described in more detail in the Management Proxy Circular for the Meeting (the "Circular"), namely:

1. to receive the consolidated financial statements for the year ended December 31, 2022, together with the Report of the Auditor thereon;
2. to elect the directors of Forza Petroleum to hold office until the next annual meeting of shareholders or until their successors are elected or appointed;
3. to appoint the auditor of the Corporation for the ensuing year at such remuneration as may be approved by the Board of Directors of the Corporation;
4. to consider and, if thought advisable, pass, with or without variation, a special resolution, the full text of which is provided under the section titled Reduction of Stated Capital in the Circular, to approve a reduction in the stated capital account maintained in respect of the common shares of the Corporation to $25,000,000, as more fully described in the Circular; and
5. to transact such further and other business as may properly come before the Meeting or any adjournment.

Only shareholders of record at the close of business on May 1, 2023 will be entitled to notice of and to attend and vote at the Meeting or any adjournment thereof.

As a shareholder, it is important that you vote. Shareholders are encouraged to return their proxy or voting instruction form as soon as possible. As an alternative, shareholders may choose to vote by telephone or the Internet as provided for on the proxy or voting instruction form. Proxies must be received prior to 10:00 a.m. (Eastern Daylight Time) or 4:00 p.m. (Central European Summer Time) on Friday, June 23, 2023 or, if the Meeting is adjourned, prior to 10:00 a.m. (Eastern Daylight Time) or 4:00 p.m. (Central European Summer Time) two business days prior to the date on which the Meeting is reconvened. For more information on voting please see the section titled Voting Information in the Circular.

All shareholders are strongly encouraged to vote prior to the Meeting.

By order of the Board of Directors

"Kevin McPhee"

Kevin McPhee

General Counsel and Corporate Secretary

Geneva, Switzerland

May 15, 2023