No securities are beneficially owned.
Pursuant to that certain Voting Trustee Agreement, dated as of November 1, 2023 (the "Voting Trustee Agreement"), by and among Bold Energy Holdings, LLC ("Bold"), EnCap Energy Capital Fund VIII, L.P. ("EnCap Fund VIII"), EnCap Energy Capital Fund XI, L.P. ("EnCap Fund XI") and U.S. Bank Trust Company, National Association, as the voting trustee (the "Voting Trustee"), with respect to all shares of Class A common stock, $0.0001 par value per share, of Permian Resources Corporation ("Permian") directly held by EnCap Fund VIII and EnCap Fund XI and with respect to all shares of Class C common stock, $0.0001 par value per share, of Permian directly held by Bold, Bold, EnCap Fund VIII and EnCap Fund XI (a) irrevocably transferred and assigned all voting rights and responsibilities associated with such shares to the Voting Trustee and (b) granted the Voting Trustee irrevocable proxies with respect to any matters submitted to a vote of the holders of shares of Common Stock under Permian's organizational documents. Therefore, the Voting Trustee, pursuant to Voting Trustee Agreement, may be deemed to have the sole right to direct the voting of all of the reported shares of Class A common stock directly held by EnCap Fund VIII and EnCap Fund XI and the shares of Class C common stock held directly by Bold. The Voting Trustee holds no dispositive power over the shares, has no pecuniary interest in the shares and disclaims beneficial ownership of the shares.