
Kolibri Global Energy Inc. (the Company or Kolibri) (TSX:KEI, NASDAQ:KGEI) today announces that, following thoughtful consideration, the board of directors of Kolibri, or the Board, have resolved to nominate the

<p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Kolibri Global Energy Inc. </b>(the<b xmlns="http://www.w3.org/1999/xhtml"> </b>Company or<b xmlns="http://www.w3.org/1999/xhtml"> </b>Kolibri) (TSX:<a class="ticker" href="https://www.benzinga.com/quote/KEI">KEI</a>, NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/KGEI">KGEI</a>) today<b xmlns="http://www.w3.org/1999/xhtml"> </b>announces that, following thoughtful consideration, the board of directors of Kolibri, or the Board, have resolved to nominate the individuals proposed by Tetragon Partners UK LLP for election to the Board by the shareholders of the Company at the Company's upcoming annual general meeting of shareholders, or the Meeting, which is expected to be held on May 4, 2026. The management nominees in respect of the Meeting will be existing directors David Neuhauser and Wolf Regener (CEO), as well as Glen Brown, Lee Canaan and Murray Grigg.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Current directors Evan Templeton (Chairman), Douglas Urch, and Leslie O'Connor will not stand for re-election at the Meeting. The Company sincerely thanks them for their substantial contributions to its success during their tenures and wishes them continued success in their future endeavors. Mr. Templeton has committed to assisting the Board with transitional matters as necessary over the course of the coming months.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Company looks forward to welcoming Glen Brown, Lee Canaan and Murray Grigg to the Board and working together to advance the Company's strategic objectives.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Additional details regarding the management nominees will be set out in the Company's management information circular to be mailed to shareholders in connection with the Meeting in the coming weeks. A copy of the management information circular will be available under the Company's SEDAR+ profile at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedarplus.ca&amp;esheet=54469122&amp;newsitemid=20260327451152&amp;lan=en-US&amp;anchor=www.sedarplus.ca&amp;index=1&amp;md5=90c03d9483174978b794d8c28edf79ae" shape="rect">www.sedarplus.ca</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Kolibri Global Energy Inc.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil and gas. The Company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the NASDAQ under the stock symbol KGEI.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Caution Regarding Forward-Looking Information</i></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Certain statements contained in this news release constitute &#34;forward-looking information&#34; as such term is used in applicable Canadian securities laws and "forward-looking statements" within the meaning of United States securities laws (collectively, "forward looking information"), including statements regarding the expected timing of the Meeting and the election of the proposed directors at the Meeting.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Forward-looking information is based on plans and estimates of management and interpretations of data by the Company&#39;s technical team at the date the data is provided and is subject to several factors and assumptions of management, including that the Company will hold the Meeting when anticipated and that the proposed directors will be elected by shareholders at the Meeting.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that the Company will be unable to hold the Meeting when anticipated, or at all, that the proposed directors will not be elected by shareholders at the Meeting, and the other risks and uncertainties applicable to exploration and development activities and the Company&#39;s business as set forth in the Company&#39;s management discussion and analysis and its annual information form, both of which are available for viewing under the Company&#39;s profile at </i><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedarplus.ca&amp;esheet=54469122&amp;newsitemid=20260327451152&amp;lan=en-US&amp;anchor=www.sedarplus.ca&amp;index=2&amp;md5=1b748921a0680b9c00620e165328b713" shape="rect"><i xmlns="http://www.w3.org/1999/xhtml">www.sedarplus.ca</i></a><i xmlns="http://www.w3.org/1999/xhtml"> , any of which could result in delays, cessation in planned work or loss of one or more concessions and have an adverse effect on the Company and its financial condition. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260327451152r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260327451152/en/" rel="nofollow">https://www.businesswire.com/news/home/20260327451152/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">For further information, contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Wolf E. Regener +1 (805) 484-3613
<br xmlns="http://www.w3.org/1999/xhtml"></br>Email: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:wregener@kolibrienergy.com" shape="rect">wregener@kolibrienergy.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>Website: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kolibrienergy.com&amp;esheet=54469122&amp;newsitemid=20260327451152&amp;lan=en-US&amp;anchor=www.kolibrienergy.com&amp;index=3&amp;md5=552b6cde0e01bbf3d3eea8803f74a526" shape="rect">www.kolibrienergy.com</a>

</p>

KGEI

Kolibri Global Energy Inc. Announces Director Nominees for Upcoming Shareholder Meeting

Kolibri's Board Changes May Impact Strategic Direction and Governance

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Kolibri Global Energy Inc. (the Company or Kolibri) (TSX:KEI, NASDAQ:KGEI) today announces that, following thoughtful consideration, the board of directors of Kolibri, or the Board, have resolved to nominate the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Kolibri Global Energy Inc. is nominating new directors for its May 2026 shareholders&#039; meeting, replacing several existing members. This change in governance could impact the company&#039;s strategic objectives and future project decisions, potentially affecting the stock&#039;s performance.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kolibri&#039;s board nominates new directors for 2026 shareholder meeting.</li><li>Current directors Evan Templeton, Douglas Urch, and Leslie O&#039;Connor will not re-elect.</li><li>New nominees include Glen Brown, Lee Canaan, and Murray Grigg.</li><li>Transition support from departing chairman Evan Templeton during changes.</li><li>Management information circular to be circulated to shareholders soon.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Tetragon Partners UK LLP (N/A)</strong>: Proposed the new nominees for Kolibri&#039;s board.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This article falls under &#039;Corporate Developments&#039; as it details significant management changes at Kolibri Global Energy, which could impact operational strategies and governance moving forward.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>New board appointments could lead to strategic shifts affecting stock performance.</li><li>Existing directors’ exit may create uncertainty in the company&#039;s strategic direction.</li><li>Shareholder sentiment may shift based on the proposed nominees&#039; track record.</li><li>Details in upcoming management circular could affect investor confidence.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Nominees for the board include Glen Brown, Lee Canaan, and Murray Grigg.</li><li>The shareholders&#039; meeting is scheduled for May 4, 2026.</li><li>Existing directors Evan Templeton, Douglas Urch, and Leslie O&#039;Connor will not seek re-election.</li><li>Current chairman Evan Templeton will assist in the transition for upcoming changes.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Investors should monitor KGEI for volatility ahead of the 2026 shareholders&#039; meeting and consider long positions if new directors show promise.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Kolibri Global Energy Inc. </b>(the<b xmlns="http://www.w3.org/1999/xhtml"> </b>Company or<b xmlns="http://www.w3.org/1999/xhtml"> </b>Kolibri) (TSX:<a class="ticker" href="https://www.benzinga.com/quote/KEI">KEI</a>, NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/KGEI">KGEI</a>) today<b xmlns="http://www.w3.org/1999/xhtml"> </b>announces that, following thoughtful consideration, the board of directors of Kolibri, or the Board, have resolved to nominate the individuals proposed by Tetragon Partners UK LLP for election to the Board by the shareholders of the Company at the Company's upcoming annual general meeting of shareholders, or the Meeting, which is expected to be held on May 4, 2026. The management nominees in respect of the Meeting will be existing directors David Neuhauser and Wolf Regener (CEO), as well as Glen Brown, Lee Canaan and Murray Grigg.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Current directors Evan Templeton (Chairman), Douglas Urch, and Leslie O'Connor will not stand for re-election at the Meeting. The Company sincerely thanks them for their substantial contributions to its success during their tenures and wishes them continued success in their future endeavors. Mr. Templeton has committed to assisting the Board with transitional matters as necessary over the course of the coming months.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Company looks forward to welcoming Glen Brown, Lee Canaan and Murray Grigg to the Board and working together to advance the Company's strategic objectives.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Additional details regarding the management nominees will be set out in the Company's management information circular to be mailed to shareholders in connection with the Meeting in the coming weeks. A copy of the management information circular will be available under the Company's SEDAR+ profile at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedarplus.ca&amp;esheet=54469122&amp;newsitemid=20260327451152&amp;lan=en-US&amp;anchor=www.sedarplus.ca&amp;index=1&amp;md5=90c03d9483174978b794d8c28edf79ae" shape="rect">www.sedarplus.ca</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Kolibri Global Energy Inc.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil and gas. The Company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the NASDAQ under the stock symbol KGEI.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Caution Regarding Forward-Looking Information</i></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Certain statements contained in this news release constitute &#34;forward-looking information&#34; as such term is used in applicable Canadian securities laws and "forward-looking statements" within the meaning of United States securities laws (collectively, "forward looking information"), including statements regarding the expected timing of the Meeting and the election of the proposed directors at the Meeting.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Forward-looking information is based on plans and estimates of management and interpretations of data by the Company&#39;s technical team at the date the data is provided and is subject to several factors and assumptions of management, including that the Company will hold the Meeting when anticipated and that the proposed directors will be elected by shareholders at the Meeting.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that the Company will be unable to hold the Meeting when anticipated, or at all, that the proposed directors will not be elected by shareholders at the Meeting, and the other risks and uncertainties applicable to exploration and development activities and the Company&#39;s business as set forth in the Company&#39;s management discussion and analysis and its annual information form, both of which are available for viewing under the Company&#39;s profile at </i><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedarplus.ca&amp;esheet=54469122&amp;newsitemid=20260327451152&amp;lan=en-US&amp;anchor=www.sedarplus.ca&amp;index=2&amp;md5=1b748921a0680b9c00620e165328b713" shape="rect"><i xmlns="http://www.w3.org/1999/xhtml">www.sedarplus.ca</i></a><i xmlns="http://www.w3.org/1999/xhtml"> , any of which could result in delays, cessation in planned work or loss of one or more concessions and have an adverse effect on the Company and its financial condition. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260327451152r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260327451152/en/" rel="nofollow">https://www.businesswire.com/news/home/20260327451152/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">For further information, contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Wolf E. Regener +1 (805) 484-3613
<br xmlns="http://www.w3.org/1999/xhtml"></br>Email: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:wregener@kolibrienergy.com" shape="rect">wregener@kolibrienergy.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>Website: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.kolibrienergy.com&amp;esheet=54469122&amp;newsitemid=20260327451152&amp;lan=en-US&amp;anchor=www.kolibrienergy.com&amp;index=3&amp;md5=552b6cde0e01bbf3d3eea8803f74a526" shape="rect">www.kolibrienergy.com</a>

</p>

Kolibri Global Energy Inc. is nominating new directors for its May 2026 shareholders' meeting, replacing several existing members. This change in governance could impact the company's strategic objectives and future project decisions, potentially affecting the stock's performance.

Kolibri Global Energy Inc. Announces Director Nominees for Upcoming Shareholder Meeting

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News