JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including amendments thereto) with respect to the common shares of Obsidian Energy Ltd. This Joint Filing Agreement shall be filed as an Exhibit to such Statement.
| Dated: November 7, 2024 | FrontFour Master Fund, Ltd. | ||
| By: | FrontFour Capital Group LLC as Investment Manager | ||
| By: |
/s/ David A. Lorber | ||
| Name: | David A. Lorber | ||
| Title: | Managing Member | ||
| FrontFour Capital Group LLC | |||
| By: |
/s/ David A. Lorber | ||
| Name: | David A. Lorber | ||
| Title: | Managing Member | ||
| FrontFour Capital Corp. | |||
| By: |
/s/ David A. Lorber | ||
| Name: | David A. Lorber | ||
| Title: | Authorized Signatory | ||
|
/s/ David A. Lorber | |
| David A. Lorber |
|
/s/ Zachary George | |
| Zachary George |
|
/s/ Stephen Loukas | |
| Stephen Loukas |