GlobeNewswire Inc | May 7, 2021 02:00AM EDT

May 07, 2021

AIM & TSX: TGL & NASDAQ: TGA

CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) -- TransGlobe Energy Corporation (TransGlobe or the Company) announces its AGM voting results.

Report in Respect of Voting Results Pursuant to Section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations

The following sets forth a brief description of each matter voted upon at the annual general meeting (the "Meeting") of the holders of common shares of TransGlobe Energy Corporation ("TransGlobe" or the "Company") held on May 6, 2021 and the outcome of the vote:

Votes Outcome Votes For Against of (ballots orDescription of Matter Vote only) Withheld (ballots only) Ordinary resolution fixing the number1. of directors of TransGlobe to be Approved 23,440,848 356,209 elected at the Meeting at six (6). 98.50% 1.50%

Ordinary resolution electing the following nominees to serve as directors of TransGlobe for the ensuing year, or until their2. successors are duly elected or appointed, as more particularly described in the information circular of TransGlobe dated March 18, 2021 (the "Information Circular"):

David B. Cook 17,619,066 6,177,991 Approved 74.04% 25.96% Randall C. Neely 21,058,827 2,738,230 88.49% 11.51% Ross G. Clarkson 21,230,289 2,566,768 89.21% 10.79% Edward D. LaFehr 20,927,796 2,869,261 87.94% 12.06% Timothy R. Marchant 20,507,197 3,289,860 86.18% 13.82% Steven W. Sinclair 18,471,577 5,324,480 77.62% 22.38% Ordinary resolution appointing BDO Canada LLP, Chartered Accountants, as3. auditors of TransGlobe for the Approved Show of Show of ensuing year and to authorize the hands hands directors of TransGlobe to fix their remuneration as such. Advisory resolution accepting the4. Company's approach to executive Approved 20,862,106 2,954,951 compensation, as described in the 87.67% 12.33% Information Circular.

Carol Bell did not stand for re-election and is no longer a Director of the Company.

About TransGlobe

TransGlobe Energy Corporation is a cashflow focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada. TransGlobes common shares trade on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

For further information, please contact:

+1 403 264 9888TransGlobe Energy Corporation investor.relations@trans-globe.comRandy Neely, President and CEO http://www.trans-globe.comEddie Ok, CFO or via Tailwind Associates or FTI Consulting

+1 403 618 8035Tailwind Associates (Investor Relations) darren@tailwindassociates.caDarren Engels http://www.tailwindassociates.ca

FTI Consulting (Financial PR)Ben Brewerton +44(0) 20 3727 1000Genevieve Ryan transglobeenergy@fticonsulting.com

Canaccord Genuity (Nomad & Joint-Broker)Henry Fitzgerald-O?Connor +44(0) 20 7523 8000James Asensio

Shore Capital (Joint Broker)Jerry Keen +44(0) 20 7408 4090Toby Gibbs