Peyto Announces Adjournment of Annual Meeting and Change in Venue

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May 18, 2023

CALGARY, Alberta, May 18, 2023 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") announces that the annual general meeting of shareholders (the "Meeting") was convened and adjourned yesterday, as planned and previously announced, without any business being conducted. The Meeting has been adjourned to June 13, 2023 at 3:00 p.m. (Calgary time) in order to give shareholders additional time to cast their votes at the Meeting and will be held at the Sheraton Suites Calgary Eau Claire, Wildrose Ballroom, 255 Barclay Parade S.W., Calgary, Alberta T2P 5C2.