@ 6/18/2024; BTE O/S: 808,045,238 The number of shares authorized for purchase represents 10% of Baytex's public float, as defined by the TSX, as of June 18, 2024. On June 18, 2024 Baytex had 808,045,238 common shares outstanding. Purchases will be made on the open market through the facilities of the TSX, the New York Stock Exchange ("NYSE") and/or alternative trading platforms in Canada and the United States at market prices prevailing at the time of acquisition, as well as by other means permitted by stock exchange rules and securities laws including Rule 10b-18 under the Securities Exchange Act of 1934, as amended.
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