On April 24, 2023, Greg Montgomery informed the Board of Directors of Permex Petroleum Corporation (the “Company”) that he was revoking his consent pursuant to Section 123(3)(a) of the Business Corporations Act (British Columbia) to stand for re-election and act as a director of the Company at the annual general meeting of the Company's shareholders held on April 24, 2023 (the “Annual Meeting”) and that he was resigning as a director of the Company effective immediately. Mr. Montgomery's resignation was not the result of any disagreement between Mr. Montgomery and the Company, its management, the Board or any committee of the Board, or with respect to any matter relating to the Company's operations, policies or practices.