Kiwetinohk Energy announces Green Energy leadership change

Calgary, Alberta – March 22, 2023 – Kiwetinohk Energy Corp. (TSX: KEC) today announced the departure of John Maniawski, President of the Green Energy division effective immediately.

“On behalf of the Board of Directors and our staff, I would like to thank John for his contributions to Kiwetinohk,” said CEO Pat Carlson. “John led the power team to advance seven projects to various degrees through the Alberta power project approval process.”

Kiwetinohk continues to execute on its Green Energy development plan with a power portfolio consisting of approximately 2,150 MW of solar renewable and low-carbon natural gas-fired projects.

“We continue to generate strong cash flow from our upstream business and to advance financing discussions with potential project development partners for our Homestead and Opal power projects,” said Carlson. “Our focus is on continuing to deliver 2023 upstream production guidance safely, reliably and profitably while advancing our position as a growth leader in Alberta’s green energy and carbon management industries.”

Kiwetinohk will announce new leadership of its Green Energy team in due course.

About Kiwetinohk

We, at Kiwetinohk, are passionate about addressing climate change and the future of energy. Kiwetinohk’s mission is to build a profitable energy transition business providing clean, reliable, dispatchable, affordable energy. Kiwetinohk develops and produces natural gas and related products and is in the process of developing renewable power, natural gas-fired power, carbon capture and hydrogen clean energy projects. We view climate change with a sense of urgency, and we want to make a difference. Kiwetinohk’s common shares trade on the Toronto Stock Exchange under the symbol KEC. Additional details are available within the year-end documents available on Kiwetinohk’s website at www.kiwetinohk.com and SEDAR at www.sedar.com.

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For more information, please contact:

Mark Friesen, Director, Investor Relations
(587) 392-4395
IR@kiwetinohk.com
Kiwetinohk Energy Corp.
Suite 1500, 250 – 2 Street S.W.
Calgary, Alberta T2P 0C1

Pat Carlson, CEO
Jakub Brogowski, CFO

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