Calgary, Alberta--(Newsfile Corp. - December 5, 2023) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") announces that it has entered into a loan agreement, effective December 4, 2023, with a company controlled by Mr. Hai Zhou, a director and control person of the Corporation, for a $10,000,000 credit facility (the "Credit Facility"). The Credit Facility matures on December 4, 2024 and funds advanced bear interest at a rate of 12% per annum, payable on the maturity date.