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Adira Energy Ltd | March 2013 Corporate Presentation | Jeffrey E. Walter | Page 4 of 11 | November 23, 2024

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TSX.V: ADL Amos Lasker - Co-Chairman Former President & CEO of Israel Electric Corporation (“IEC”) (2008-2011). IEC is one of largest industrial companies in Israel – annual total revenues over US $5.5 billion and total assets of US $22.3 billion. Over 30 years experience in founding and managing Israeli and international companies in the area of telecommunication, high tech, infrastructure and energy. Jeffrey E Walter - Chief Executive Officer Oil and Gas executive with over 30 years in the industry, 27 of which with Noble Energy, 8 years focused in East Med. Former Vice President of Europe and Mediterranean, Noble Energy. Led team responsible for Tamar Field offshore Israel discovery - largest global conventional gas discovery in 2009 with over 8 Tcf announced to date. Increased Noble’s offshore Eastern Mediterranean portfolio which included the discovery of the Leviathan and Block 12 in Cyprus (increased acreage from 600,000 gross to 3,000,000 gross. Bachelors degree in Geology from the University of New Mexico. Moshe Politi - Chief Geologist 39 years of experience, specializing in the integration of multi-disciplinary aspects of geology and geophysics into viable prospects in various environments: onshore, offshore, shallow and deep prospects, structurally complex (overthrust) and stratigraphic plays focused in the East Mediterranean. Bachelor and Master Degrees in Geology from The Hebrew University in Jerusalem and is currently engaged in his PhD studies in Jerusalem. Gadi Levin - Chief Financial Officer Chartered Accountant with experience in the public and private equity markets, spanning multiple jurisdictions including North America, Europe and Israel. B Comm degree in Accounting and Information Systems and MBA from Bar Ilan University in Israel. Has a Chartered Accountant Designation. Alon Polishuk - VP of Contracts Administration and Regulations Over 5 years in Government Services of Israel. Extensive experience in project management, business development and expertise in legal analysis and critical examination. Specializes in Law and was admitted to the Israel Bar in 2001. Holds a BA, Business (Finance) from the Arison School of Business, as well as LLE, Radzyner School of Law, Interdisciplinary Center, Herzliya. 4 Israel Corporate Team