Evolution Petroleum (EPM) Fireside chat summary

Introduction and agenda

• Discussion included forward-looking statements as of June 10, 2026, with disclosures available on the investor relations site.

• The agenda focused on asset diversification, acquisition strategy, dividend policy, and capital allocation.

Background and experience of the speaker

• Speakers included the COO, CFO, and President, each with deep involvement in acquisitions, operations, and financial strategy.

Current industry trends

• The company has shifted toward a diversified energy ownership platform, emphasizing durable cash flow and lower capital intensity.

• The royalty and mineral interest market is highly active, with competition from private equity, royalty companies, and family offices.

• Industry-wide, operators are focused on capital efficiency and disciplined returns, aligning with the company’s approach.

• Bank market for upstream assets is healthy, with increased interest from larger banks due to industry consolidation.