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EXHIBIT 2.01

Extractive Sector Transparency Measures Act - Annual Report

Graphic

Reporting Entity Name

Vermilion Energy Inc.

Reporting Year

From 

1/1/2024

To: 

12/31/2024

Date submitted

5/7/2025

Reporting Entity ESTMA Identification Number

E961953

   Original Submission

   Amended Report

Other Subsidiaries Included

(optional field)

For Consolidated Reports - Subsidiary

Reporting Entities Included in Report:

E373536 Vermilion Resources

Not Substituted

Attestation by Reporting Entity

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

Full Name of Director or Officer of Reporting Entity

Lars Glemser

Date

5/7/2025

Position Title

Vice President & Chief Financial Officer

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From: 

1/1/2024

To: 

12/31/2024

Reporting Entity Name

Vermilion Energy Inc.

Currency of the Report

CAD

Reporting Entity ESTMA

Identification Number

E961953

Subsidiary Reporting Entities

(if necessary)

E373536 Vermilion Resources

Payments by Payee

Country

Payee Name1

Departments, Agency, etc…
within Payee that Received
Payments2

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure
Improvement Payments

Total Amount paid to Payee

Notes34

Australia

Government of Australia

18,570,000

1,480,000

20,050,000

Australian Taxation Office - $19,150,000
National Offshore Petroleum Safety and Environmental Management Authority -

$780,000

Payments made in AUD.

Ireland

Government of Ireland

78,020,000

1,090,000

79,110,000

Office of the Revenue Commissioners - $78,020,000
Commission for Regulation of Utilities - $800,000
Department of Communications, Climate Action and Environment - $290,000

Payments made in EUR.

United States of America

State of Wyoming

12,640,000

100,000

12,740,000

State of Wyoming - Department of Revenue - $12,050,000
Wyoming State Lands and Investments - $610,000

Payments made in USD.

United States of America

Government of the United States of America

3,250,000

3,250,000

Office of Natural Resources Revenue - $3,250,000

Payments made in USD.

United States of America

County of Campbell, Wyoming

860,000

300,000

1,160,000

Campbell County Clerk - $1,160,000

Payments made in USD.

United States of America

County of Niobrara, Wyoming

830,000

830,000

Niobrara County Clerk - $830,000

Payments made in USD.

Croatia

Government of the Republic of Croatia

2,250,000

710,000

2,960,000

Croatian Hydrocarbon Agency - $2,090,000
Ministry of Finance - $480,000

Payments made in EUR.

Croatia

Municipality of Stari Jankovci

880,000

10,000

890,000

Municipality of Stari Jankovci - $890,000

Payments made in EUR.

Croatia

City of Vinkovci

760,000

10,000

770,000

City of Vinkovc - $770,000

Payments made in EUR.

Croatia

Municipality of Tompojevci

730,000

10,000

740,000

Municipality of Tompojevci - $740,000

Payments made in EUR.

Croatia

Municipality of Bogdanovci

560,000

10,000

570,000

Municipality of Bogdanovc - $570,000

Payments made in EUR.

Croatia

Municipality of Nuštar

530,000

10,000

540,000

Municipality of Nuštar - $540,000

Payments made in EUR.

Slovakia

Government of Slovakia

200,000

200,000

Ministry of the Environment - $200,000

Payments made in EUR.

Hungary

City of Battonya

120,000

120,000

Hungarian Treasury - $120,000

Payments made in HUF.

Netherlands

Government of the Netherlands

108,510,000

250,000

3,300,000

67,900,000

179,960,000

Tax and Customs Administration - $111,980,000
Energie Beheer Nederland BV (EBN) - $67,900,000

Payments made in EUR.

Netherlands

Municipality of Waalwijk

640,000

640,000

Municipality of Waalwijk - $640,000

Payments made in EUR.

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From: 

1/1/2024

To: 

12/31/2024

Reporting Entity Name

Vermilion Energy Inc.

Currency of the Report

CAD

Reporting Entity ESTMA

Identification Number

E961953

Subsidiary Reporting Entities

(if necessary)

E373536 Vermilion Resources

Payments by Payee

Country

Payee Name1

Departments, Agency, etc…
within Payee that Received
Payments2

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure
Improvement Payments

Total Amount paid to Payee

Notes34

Netherlands

Province of Friesland

120,000

120,000

Friesland Province - $120,000

Payments made in EUR.

Germany

Government of Germany

95,290,000

740,000

96,030,000

Federal Central Tax Office - $96,030,000

Payments made in EUR.

Germany

State of Lower Saxony

3,740,000

260,000

4,000,000

State Authority for Mining, Energy, and Geology - $4,000,000

Payments made in EUR.

Canada

Government of Saskatchewan

5,700,000

19,580,000

5,390,000

350,000

31,020,000

Saskatchewan Ministry of the Economy - $24,910,000
Saskatchewan Minister of Finance - $5,700,000
Ministry of Energy and Resources - $350,000

Canada

Government of Alberta

25,470,000

890,000

350,000

26,710,000

Provincial Treasurer of Alberta - $18,500,000 Alberta Department of Energy - $6,740,000 Alberta Minister of Finance - $650,000

Alberta Department of Resource Development - $560,000 Alberta Boilers Safety Association - $140,000

Alberta Petroleum Marketing Commission - $120,000

Royalties of $6,740,000 paid in-kind, the value of in-kind payments was determined using the prevailing commodity prices at the time of transfer.

Canada

Government of British Columbia

12,640,000

360,000

13,000,000

British Columbia Minister of Finance - $12,640,000

British Columbia Energy Regulator - $340,000

Canada

Yellowhead County

4,000,000

4,000,000

Yellowhead County - $4,000,000

Canada

Alberta Energy Regulator

2,500,000

2,500,000

Alberta Energy Regulator - $2,500,000

Canada

Rural Municipality of Antler No. 61

1,130,000

1,130,000

Rural Municipality of Antler No. 61 - $1,130,000

Canada

Rural Municipality of Enniskillen No. 3

10,000

940,000

950,000

Rural Municipality of Enniskillen No. 3 - $950,000

Canada

Rural Municipality of Souris Valley No. 7

750,000

750,000

Rural Municipality of Souris Valley No. 7 - $750,000

Canada

Rural Municipality of Lomond No. 37

560,000

560,000

Rural Municipality of Lomond No. 37 - $560,000

Canada

Brazeau County

520,000

520,000

Brazeau County - $520,000

Canada

Clearwater County

350,000

350,000

Clearwater County - $350,000

Canada

Rural Municipality of Coalfields No. 4

350,000

350,000

Rural Municipality of Coalfields No. 4 - $350,000

Canada

Rural Municipality of Moose Creek No. 33

340,000

340,000

Rural Municipality of Moose Creek No. 33 - $340,000

Canada

Red Deer County

330,000

330,000

Red Deer County - $330,000

Canada

Government of Canada

280,000

30,000

310,000

Receiver General - $310,000

Canada

Rural Municipality of Storthoaks No. 31

160,000

160,000

Rural Municipality of Storthoaks No. 31 - $160,000

Canada

Rural Municipality of Kindersley No. 290

150,000

150,000

Rural Municipality of Kindersley No. 290 - $150,000

Canada

Rural Municipality of Laurier No. 38

150,000

150,000

Rural Municipality of Laurier No. 38 - $150,000

Canada

Rural Municipality of Pipestone

140,000

140,000

Rural Municipality of Pipestone - $140,000

Canada

Rural Municipality of Cymri No. 36

40,000

100,000

140,000

Rural Municipality of Cymri No. 36 - $140,000

Canada

Sturgeon County

120,000

120,000

Sturgeon County - $120,000

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From: 

1/1/2024

To: 

12/31/2024

Reporting Entity Name

Vermilion Energy Inc.

Currency of the Report

CAD

Reporting Entity ESTMA

Identification Number

E961953

Subsidiary Reporting Entities

(if necessary)

E373536 Vermilion Resources

Payments by Payee

Country

Payee Name1

Departments, Agency, etc…
within Payee that Received
Payments2

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure
Improvement Payments

Total Amount paid to
Payee

Notes34

France

Government of France

10,980,000

720,000

11,700,000

Direction des Grandes Entreprises - $10,980,000
Tresor Public - $560,000

ATMO Nouvelle Aquitaine - $160,000

Payments made in EUR.

France

Department of Gironde

10,060,000

110,000

10,170,000

Direction Régionale des Finances Publiques (DRFIP) de Gironde - $10,170,000

Payments made in EUR.

France

Department of Seine et Marne

7,760,000

7,760,000

Tresorerie Generale de Seine et Marne - $7,760,000

Payments made in EUR.

France

Department of Landes

6,960,000

6,960,000

Tresorerie Generale des Landes - $6,690,000

Payments made in EUR.

France

Department of Essonne

4,240,000

4,240,000

Recette Divisionnaire des Impots de L'Essonne- $2,160,000
SIP Etampes - $1,650,000

Recette Divisionnaire des Impots de Etampes - $430,000

Payments made in EUR.

France

Municipality of Montargis

2,250,000

2,250,000

Service des Impots de Montargis - $2,250,000

Payments made in EUR.

France

Department of Loiret

2,220,000

2,220,000

Direction Regionale Finances Loiret - $2,220,000

Payments made in EUR.

France

Municipality of Melun

1,480,000

1,480,000

Service des Impots Particuliers Melun - $1,480,000

Payments made in EUR.

France

Municipality of Pau

1,250,000

1,250,000

Service des Impots Particuliers de Pau - $1,250,000

Payments made in EUR.

France

Department of Pyrenees Atlantiques

850,000

850,000

Direction Départementale des Finances Publiques (DDFIP) de Pyrenees Atlantiques -

$850,000

Payments made in EUR.

France

Municipality of Provins

390,000

390,000

Tresorerie de Provins - $390,000

Payments made in EUR.

France

Municipality of Corbeil Essones

280,000

280,000

Tresorerie de Corbeil-Villabe - $280,000

Payments made in EUR.

Additional Notes:

Payments reported in the ESTMA Report reflect gross payments made directly by Vermilion and its subsidiaries, including payments made in the capacity of operator on behalf of partners. Gross payments made by an operator on behalf of Vermilion and its subsidiaries are not included when the operator is a reporting entity under ESTMA or substitutable reporting requirements in another jurisdiction.

When payments were made in currencies other than Canadian dollars, the payments were converted into Canadian dollars using a weighted average of the exchange rates during the period. The weighted average exchange rates used were:
1 EUR = 1.4878 CAD

1 USD = 1.3688 CAD

1 AUD = 0.9049 CAD

1 HUF = 0.0038 CAD

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From: 

1/1/2024

To: 

12/31/2024

Reporting Entity Name

Vermilion Energy Inc.

Currency of the Report

CAD

Reporting Entity ESTMA

Identification Number

E961953

Subsidiary Reporting Entities

(if necessary)

E373536 Vermilion Resources

Payments by Project

Country

Project Name1

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure
Improvement Payments

Total Amount paid by
Project

Notes23

Netherlands

Netherlands

108,510,000

250,000

4,460,000

67,900,000

181,120,000

Payments made in EUR.

Germany

Corporate

95,290,000

40,000

95,330,000

Payments made in EUR.

Germany

Dümmersee-Uchte

2,340,000

630,000

2,970,000

Payments made in EUR.

Germany

Eastern Hannover/East Friesland

790,000

310,000

1,100,000

Payments made in EUR.

Germany

Hannover Gas

600,000

30,000

630,000

Payments made in EUR.

Canada

Saskatchewan

5,700,000

19,860,000

10,700,000

350,000

36,610,000

Canada

Alberta

25,530,000

9,130,000

350,000

35,010,000

Royalties of $6,740,000 paid in-kind, the value of in-kind payments was determined using the prevailing commodity prices at the time of transfer.

Canada

British Columbia

12,640,000

380,000

13,020,000

Ireland

Corrib

78,020,000

1,090,000

79,110,000

Payments made in EUR.

France

Aquitaine Basin

19,170,000

290,000

19,460,000

Payments made in EUR.

France

France

10,980,000

650,000

11,630,000

Payments made in EUR.

France

Paris Basin Chaunoy & Champotran

9,630,000

9,630,000

Payments made in EUR.

France

Paris Basin Essonne

4,520,000

4,520,000

Payments made in EUR.

France

Paris Basin Neocomian

4,470,000

4,470,000

Payments made in EUR.

Australia

Wandoo

18,570,000

1,480,000

20,050,000

Payments made in AUD.

United States of America

Powder River Basin, Wyoming

17,660,000

410,000

18,070,000

Payments made in USD.

Croatia

Croatia

5,710,000

880,000

6,590,000

Payments made in EUR.

Hungary

Hungary

100,000

50,000

150,000

300,000

Payments made in HUF.

Slovakia

Slovakia

200,000

200,000

Payments made in EUR.

Additional Notes3:

Payments reported in the ESTMA Report reflect gross payments made directly by Vermilion and its subsidiaries, including payments made in the capacity of operator on behalf of partners. Gross payments made by an operator on behalf of Vermilion and its subsidiaries are not included when the operator is a reporting entity under ESTMA or substitutable reporting requirements in another jurisdiction.

When payments were made in currencies other than Canadian dollars, the payments were converted into Canadian dollars using a weighted average of the exchange rates during the period. The weighted average exchange rates used were:

1 EUR = 1.4878 CAD

1 USD = 1.3688 CAD

1 AUD = 0.9049 CAD

1 HUF = 0.0038 CAD