Trailblazing Energy Pioneer Sara Akbar Takes Helm of Sonoro Energy

• Ms. Sara Akbar has been appointed as President and Chief Executive Officer of Sonoro Energy Ltd., effective immediately on May 12, 2026.
• Outgoing CEO Robert Bensh resigned due to public company restrictions stemming from his advisory roles with a sovereign government; he will remain as a consultant.
• Ms. Akbar is currently the Chairwoman of Sonoro and an oil-and-gas executive in the MENA region.
• The Company maintains its strategic focus on completing hydrocarbon projects in Iraq and Syria.
• Regional conflicts are noted to have slowed certain initiatives, though advancements in specific projects are reported with expectations to complete an upcoming project soon.
• Management changes are subject to approval by the TSX Venture Exchange.

• The appointment of an internal Chairwoman as CEO is generally a stabilizing measure but does not constitute a transformative strategic shift or capital injection.
• The resignation reason involving sovereign government advisory restrictions introduces compliance risk, suggesting potential regulatory friction in operating regions (Iraq/Syria).
• No new project milestones, production data, or financing announcements accompany the leadership change to validate operational progress.
• Given the stock has been stagnant at $0.04 for six months, this news is unlikely to generate immediate price appreciation without accompanying operational catalysts.
• The impact is classified as Routine - Neutral because it addresses governance continuity but does not resolve underlying geopolitical or execution risks.

• Company: Sonoro Energy Ltd. operates as an energy pioneer focused on hydrocarbon projects.
• Flagship Projects: Development of oil and gas assets within the MENA region, specifically targeting Iraq and Syria.
• Development Status: Projects are in a completion phase but face delays due to regional conflicts. The company claims advancements in specific projects with near-term completion expectations.