Civitas Resources (CIVI) AGM 2024 summary

Opening remarks and agenda

• Meeting called to order at 12:00 P.M. on June 4, 2024, with introductions of board members and executive officers.

• Independent auditors from Deloitte & Touche and the Inspector of Elections were introduced.

• Agenda and rules of conduct were outlined, with Q&A scheduled after formal business.

Corporate governance

• April 8, 2024, was set as the record date for voting eligibility.

• Quorum established with 88% of outstanding shares represented, allowing business to proceed.

• No stockholder nominations or proposals were filed in advance; only board proposals were considered.

Overview of voting outcomes

• All nine nominated directors were elected to serve until the 2025 annual meeting.

• Ratification of Deloitte & Touche as independent auditors for 2024 was approved.

• The 2024 Long-Term Incentive Plan was adopted.

• Advisory approval of executive compensation and annual frequency for future say-on-pay votes were both passed.

• Final vote results to be reported in a Form 8-K within four business days.