Important Information for Investors and Shareholders and Where to Find It In connection with the proposed business combination, NewCo
filed a registration statement on Form F-4 (as amended from time to time, the Registration Statement) that includes a preliminary proxy statement of DCRD and a preliminary prospectus of NewCo. The Registration Statement is now effective,
and the definitive proxy statement has been mailed to DCRD shareholders of record as of the close of business on December 14, 2022. The Registration Statement, including the proxy statement/prospectus contained therein, contains important
information about the proposed business combination and the other matters to be voted upon at the Extraordinary General Meeting. This communication does not contain all the information that should be considered concerning the proposed business
combination and other matters and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. DCRD and NewCo may also file other documents with the SEC regarding the proposed business
combination. DCRDs shareholders and other interested persons are advised to read the Registration Statement, including the preliminary proxy statement/prospectus contained therein, and the amendments thereto and the definitive proxy
statement/prospectus and other documents filed in connection with the proposed business combination, as these materials contain important information about DCRD, Hammerhead, NewCo and the proposed business combination. DCRD shareholders and other
interested persons can obtain, free of charge, copies of the Registration Statement, including the preliminary proxy statement/prospectus contained therein, the definitive proxy statement/prospectus and other documents filed or that will be filed
with the SEC by DCRD and NewCo through the website maintained by the SEC at www.sec.gov. Participants in the Solicitation DCRD, Hammerhead, NewCo and their respective directors, officers and related persons may be deemed participants in the
solicitation of proxies of DCRD shareholders in connection with the proposed business combination. More detailed information regarding the directors and officers of DCRD. and a description of their interests in DCRD, is contained in DCRDs
filings with the SEC, including DCRDs Annual Report on Form 10-K for the fiscal year ended December 31, 2021, which was filed with the SEC on March 29, 2022, and is available free of charge at the SECs web site at www.sec.gov.
Information regarding rhe persons who may, under SEC rules, be deemed participants in the solicitation of proxies of DCRD shareholders in connection with the proposed business combination and other matters to be voted upon at the Extraordinary
General Meeting is set forth in the Registration Statement for the proposed business combination. No Offer or Solicitation This communication relates to a proposed business combination between Hammerhead and DCRD. This document does not constitute a
solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business combination. This communication also does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or
exchange, any securities, nor will there be any offer, sale or exchange of securities in any state or jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to registration or qualification under the securities laws
of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom.
Forward Looking Statements
This communication includes
certain statements that may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Exchange Act of
1934, as amended. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words
anticipate, believe, continue, could, estimate, expect, intends, may, might, plan, possible, potential,
predict, project, should, would and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking
statements may include, for example, statements about Hammerhead Resources Inc.s (Hammerhead) or DCRDs ability to effectuate the proposed business combination discussed in this communication; statements related to the
commencement of mailing of the definitive proxy statement; and statements related to the extraordinary general meeting of DCRD shareholders (the Extraordinary General Meeting). These forward-looking statements are based on information
available as of the date of this communication, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied