Riley Exploration Permian (REPX) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 9, 2025, will be held virtually; record date is March 18, 2025.

• 2024 saw strong operational and financial performance, including production growth, reduced capital expenditures, and new asset acquisitions.

• Key initiatives included a midstream expansion and a joint venture in power generation.

• Forward-looking statements highlight continued focus on disciplined capital allocation and long-term value creation.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of six directors, (2) ratification of BDO USA, P.C. as auditor, (3) advisory vote on frequency of say-on-pay (Board recommends annual), and (4) other business as may arise.

• Board recommends voting FOR all director nominees, FOR auditor ratification, and EVERY YEAR for say-on-pay.

• Plurality required for director election; majority for other proposals.

Board of directors and corporate governance

• Board consists of six directors, with a mix of executive and independent members; diversity in gender and ethnicity is noted.

• Committees: Audit, Compensation, and Nominating & Corporate Governance, all comprised of independent directors.

• Board leadership structure combines Chairman and CEO roles, currently held by Bobby Riley.

• Corporate governance guidelines, codes of conduct, and ethics policies are in place and periodically reviewed.