Riley Exploration Permian (REPX) Proxy filing summary

Executive summary

• The annual meeting is scheduled for May 12, 2026, with voting on key proposals including director elections, auditor ratification, executive compensation, and an amended long-term incentive plan.

• 2025 saw significant strategic moves: a major acquisition (Silverback), infrastructure monetization, debt reduction, dividend increase, and a new share repurchase program.

• Financial highlights include a $72M gain from a midstream asset sale, $212M operating cash flow, and a 22% increase in shareholders' equity.

• The company emphasizes long-term value creation, operational execution, and disciplined capital allocation.

Voting matters and shareholder proposals

• Proposals include electing seven directors, ratifying BDO USA, P.C. as auditor, approving executive compensation (say-on-pay), and amending the 2021 Long Term Incentive Plan.

• The board unanimously recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must comply with SEC rules and company bylaws.

Board of directors and corporate governance

• The board consists of seven directors with diverse backgrounds in energy, finance, law, and operations.

• Five directors are independent; the board structure includes combined Chairman/CEO roles with a Lead Independent Director.

• Committees (Audit, Compensation, Nominating) are fully independent and have written charters.

• Governance guidelines, codes of conduct, and ethics are regularly reviewed and updated.