October 25, 2021 February 01, 2022 Viston Extends offer TIMELINE - KEY DATES: VISTON UNITED SWISS AG ALL- CASH OFFER TO ACQUIRE PETROTEQ ENERGY INC. January 04, 2022 Viston United Swiss AG Commences Hostile All- Cash Offer to Acquire Petroteq Energy Inc. Deadline: February 07, 2022. Viston United Swiss AG provides CFIUS Update Petroteq’s Board of Directors Unanimously Recommends Acceptance of Viston Offer August 04, 2022 Petroteq Executes LOI for License Agreement With Netoil June 17, 2022 Viston United Swiss AG Varies and Adds Conditions and Extends All-Cash Offer to Acquire Petroteq Energy Inc July 08, 2022 Viston United Swiss AG announces CFIUS has commenced 45 day Investigation. Extends Deadline by 21 Days to February 28, 2022 Extends Deadline by 45 Days to April 14, 2022 March 29, 2022 Alex Blyumkin Tenders Shares To Takeover-Bid From Viston Swiss United AG Viston United Swiss AG provides CFIUS Update April 14, 2022 Extends Deadline by 64 Days to June 17, 2022 February 24, 2022 Extends Deadline by 35 Days to July 22, 2022 August 09, 2022 Petroteq Executes LOI for License Agreement With Cantone Asset Management and Petroleum Capital Funding Viston United Swiss AG Extends All-Cash Offer Extends Deadline by 49 Days to September 09, 2022 August 24, 2022 Viston United Swiss AG announces CFIUS rejection August 29, 2022 Viston United Swiss AG Withdraws Offer to Acquire Petroteq Energy Inc. Petroteq Energy Inc Viston United Swiss AG July 22, 2022 (due to SEC Order Instituting Cease-and-Desist Proceedings) May 24, 2022 45-day CFIUS Voluntary Notice Review Period Commences Investigation of Transactions pursuant to Section 721(b)(2) of the DPA Investigation will be completed by August 22, 2022 petromod October 27, 2021 Petroteq shareholders are advised to take NO ACTION in respect to the Viston Offer