Proxy Solicitation Made by Public Broadcast - In Support of Concerned Shareholder Resolution at Upcoming Special Meeting for Tuktu Resources Ltd. (The "Meeting")

Core Viewpoint - The Concerned Shareholders of Tuktu Resources Ltd. are advocating for the removal of the current Board of Directors and the reinstatement of the Former Executives, arguing that the Board's recent actions and proposed strategies are detrimental to the Company's long-term success and shareholder value [2][6][9]. Group 1: Shareholder Concerns - The upcoming Special Meeting is a pivotal moment for shareholders to choose between the current Board's narrative and the support for the Former Executives who have a proven track record in managing the Company's key assets [2][6]. - Approximately 31% of shareholders supported the Requisition to remove the Board, indicating significant discontent with the Board's direction and decisions [7]. - The Concerned Shareholders believe that the Board's Management Information Circular contains misleading statements regarding the Company's strategy and operational outcomes, which could obscure critical issues for shareholders [3][5]. Group 2: Board's Proposed Strategy - The Board's proposed strategy includes divesting uneconomic assets, reducing asset retirement obligations, and focusing on the Monarch Banff Oil Play, which the Concerned Shareholders argue lacks innovation and does not represent a strategic shift [5][29]. - The Concerned Shareholders assert that the Board's actions are merely standard practices rather than novel strategies, and that the proposed divestitures do not align with enhancing shareholder value [5][30]. - The Board's focus on the Monarch Banff Oil Play is criticized for being overly simplistic and not considering a comprehensive exploration strategy, which could lead to increased risks and reduced asset value [4][5]. Group 3: Technical and Financial Misrepresentations - The Concerned Shareholders highlight that the Board has overstated costs related to the 16-20 well by $2.3 million and misrepresented the communication and involvement of the Former Executives in strategic decision-making [11][26]. - The Management Circular inaccurately claims that the Former Executives were primarily focused on acquiring deep sour gas, while in reality, the Company’s only sour gas holdings are associated with oil assets at Monarch [28][30]. - The Concerned Shareholders emphasize that the reduction of Asset Retirement Obligations has always been part of the Former Executives' strategy and is not a new initiative as suggested by the Board [29][30].