Royale Energy launches strategic review; engages Roth Capital; targets potential Nasdaq relisting

Royale Energy, Inc.

• Board initiated a comprehensive strategic review to strengthen financial position and explore options for potential Nasdaq relisting, subject to listing requirements.
• Engaged Roth Capital Partners as financial advisor to lead the strategic review process.
• Jonathan Gregory appointed Executive Chairman to oversee the initiative; brings expertise in energy finance, asset acquisition, and capital markets.
• Review includes balance sheet optimization, asset-level capital allocation, and potential transactions to increase scale, liquidity, and institutional visibility.

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