GREENFIRE RESOURCES LTD Clause Samples

GREENFIRE RESOURCES LTD. Per: (signed) "▇▇▇▇▇▇ ▇▇▇▇▇" Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: President and Chief Executive Officer WATEROUS ENERGY FUND III (CANADIAN) LP, by its general partner, WEF III GP (CANADIAN) CORP. WATEROUS ENERGY FUND III (US) LP, by its general partner, WEF III GP (US) CORP.

GREENFIRE RESOURCES LTD. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: CFO By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: CFO By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: CFO By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: CFO By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: CFO By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: CFO By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: CFO By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: CFO as Trustee By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President BNY TRUST COMPANY OF CANADA, as Canadian Co-Trustee By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: Vice President COMPUTERSHARE TRUST COMPANY OF CANADA, as Collateral Agent By: /s/ ▇▇▇-▇▇▇▇ ▇▇▇▇ Name: ▇▇▇-▇▇▇▇ ▇▇▇▇ Title: CORPORATE TRUST OFFICER /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ CORPORATE TRUST OFFICER CUSIP/ISIN [39525U AA5 / US39525UAA51]1 / [C41263 AA9 / USC41263AA96]2

GREENFIRE RESOURCES LTD. By: Name: Title: By: M3-Brigade Acquisition Partners III Corp., its general partner By: Name: Title: By: Name: Title:

GREENFIRE RESOURCES LTD. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Chief Financial Officer By: M3-Brigade Acquisition Partners III Corp., its general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Authorized Person By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Trustee By: /s/ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇ Title: Trustee By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Manager By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Trustee By: /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Trustee By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Director

GREENFIRE RESOURCES LTD. By: Name: Title: By: Name: Title: By: Name: Title:

GREENFIRE RESOURCES LTD a corporation subsisting under the laws of the Province of Alberta (hereinafter sometimes referred to as the “Borrower”), BANK OF MONTREAL, a chartered bank, as agent of the Lenders (hereinafter referred to as the “Agent”),

GREENFIRE RESOURCES LTD a corporation subsisting under the laws of the Province of Alberta (the “Corporation”) WATEROUS ENERGY FUND III (CANADIAN) LP, a limited partnership subsisting under the laws of the Province of Alberta, by its general partner, WEF III GP (CANADIAN) CORP. (“WEF III Canadian LP”) WATEROUS ENERGY FUND III (US) LP, a limited partnership subsisting under the laws of the Province of Alberta, by its general partner, WEF III GP (US) CORP. (“WEF III US LP”) WATEROUS ENERGY FUND III (INTERNATIONAL) LP, a limited partnership subsisting under the laws of the Province of Alberta, by its general partner, WEF III GP (INTERNATIONAL) CORP. (“WEF III International LP”) WATEROUS ENERGY FUND III (CANADIAN FI) LP, a limited partnership subsisting under the laws of the Province of Alberta, by its general partner, WEF III GP (CANADIAN FI) CORP. (“WEF III Canadian FI LP”) WATEROUS ENERGY FUND III (INTERNATIONAL FI) LP, a limited partnership subsisting under the laws of the Province of Alberta, by its general partner, WEF III GP (INTERNATIONAL FI) CORP. (“WEF III International FI LP”, together with WEF III Canadian LP, WEF III US LP, WEF III International LP, and WEF III Canadian FI LP, the “WEF Investors”) WATEROUS ENERGY FUND MANAGEMENT CORP., a corporation subsisting under the laws of the Province of Alberta, acting as manager for and on behalf of the WEF Investors (the “WEF Manager”, together with the WEF Investors, the “Standby Purchasers”).

GREENFIRE RESOURCES LTD. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Chief Financial Officer By: M3-Brigade Acquisition Partners III Corp., its general partner By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Authorized Person By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: President & COO By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: President & COO By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: President & COO By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: President & COO By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Global COO

GREENFIRE RESOURCES LTD promises to pay to Cede & Co., or its registered assigns, the principal sum of _____________________________________________________DOLLARS ($[ ]), or such other amount as indicated on the Schedule of Exchanges of Interests in the Global Note attached hereto, on October 1, 2028. Interest Rate: 12.000% per annum Interest Payment Dates: April 1 and October 1, commencing April 1, 2024 Record Dates: March 15 and September 15 Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which will for all purposes have the same effect as if set forth at this place. Dated: September 20, 2023 1 144A 2 Regulation S