朱砂能源 2025年度报告

Securities for which there is a reporting obligation pursuant to Section15(d)of the Act:None For annual reports, indicate by check mark the information filed with this form: Indicate by check mark whether the Registrant: (1)has filed all reports required to be filed by Section13 or 15(d)of the Exchange Act during the preceding 12months (orfor such shorter period that the Registrant was required to file such reports); and (2)has been subject to such filing requirements for the past 90days. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T(§232.405 of this chapter) during the preceding 12months (or for such shorter period that the Registrant was required to submit such files). Indicate by check mark whether the registrant is an emerging growth company as defined in Rule12b-2 of the Exchange Act. Emerging growth company◻ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use theextended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 13(a) of theExchange Act. † The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting StandardsCodification after April 5, 2012. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financialreporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect thecorrection of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of theregistrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).◻ DOCUMENTS FILED PURSUANT TO GENERAL INSTRUCTIONS In accordance with General Instruction B.(3) of Form 40-F, the Registrant has filed the following documents as part ofthis Annual Report on Form 40-F, as set forth in the Exhibit Index attached hereto: Exhibit 99.1 - Annual Information Form for the fiscal year endedDecember 31, 2025Exhibit 99.2 - Management’s Discussion and Analysis for the fiscal year endedDecember 31, 2025; andExhibit 99.3 - Audited Annual Financial Statements for the fiscal year endedDecember 31, 2025 In accordance with General Instruction D.(9) of Form 40-F, the Registrant has filed the written consent of certainexperts named in the foregoing Exhibits as Exhibit 99.5 and the written consent of its Independent Registered Public DISCLOSURE CONTROLS AND PROCEDURES A. Evaluation of Disclosure Controls and Procedures Vermilion Energy Inc. (the "Registrant") maintains disclosure controls and procedures designed to ensure thatinformation required to be disclosed in the Registrant's filings under the Securities Exchange Act of 1934, as amended(the "Exchange Act") is recorded, processed, summarized and reported within the time period specified in the rules andforms of the Securities and Exchange Commission (the "Commission"). Disclosure controls and procedures include,without limitation, controls and procedures designed to ensure that information required to be disclosed by theRegistrant in the reports that it files or submits under the Exchange Act is (i) recorded, processed, summarized and It should be noted that while the Registrant’s Chief Executive Officer and the Chief Financial Officer believe that theRegistrant’s disclosure controls and procedures provide a reasonable level of assurance that they are effective, they donot expect that the Registrant’s disclosure controls and procedures will prevent all errors and fraud. A control system, B. Management’s Annual Report on Internal Control Over Financial Reporting See page 1 of the 2025 Audited Consolidated Financial Statements included as Exhibit 99.3 to this report. C. Auditor Attestation See page 3 of the 2025 Audited Consolidated Financial Statements included as Exhibit 99.3 to this report. D. Changes in Internal Control Over Financial Reporting There was no change in the Registrant's internal control over financial reporting that occurred during the periodcovered by this report that has materially affected, or is reasonably likely to materially affect, its internal control over NOTICES REQUIRED BY RULE 104 OF REGULATION BTR None AUDIT COMMITTEE FINANCIAL EXPERT The Registrant's Board of Directors has determined that it has at least one audit committee financial