Evolution Petroleum (EPM) Registration Filing summary

Company overview and business model

• Focuses on maximizing shareholder returns through ownership and investment in onshore oil and natural gas properties in the U.S., with a diversified portfolio built via acquisitions and selective development, production enhancement, and exploitation efforts.

• Holds non-operated working and mineral interests in multiple U.S. basins, including Anadarko, Chaveroo, Jonah, Williston, Barnett Shale, Hamilton Dome, Delhi Field, TexMex, and other Texas wells.

• Operates as an independent energy company incorporated in Nevada, with principal offices in Houston, Texas, and common stock listed on NYSE American under the symbol “EPM.”

Financial performance and metrics

• Consolidated financial statements for the year ended June 30, 2025, audited by Baker Tilly US, LLP, are incorporated by reference.

• Oil and gas reserves and related future net cash flows are based on independent engineering reports by DeGolyer and MacNaughton and Cawley, Gillespie and Associates, Inc.

Use of proceeds and capital allocation

• Net proceeds from securities sales are expected to be used for general corporate purposes, including capital expenditures, debt reduction or refinancing, recapitalization, acquisitions, and working capital.

• Actual application of proceeds for each tranche will be detailed in the relevant prospectus supplement; proceeds may be temporarily invested until used.