Jackson Alexander White - 22 Nov 2022 Form 4 Insider Report for CONTINENTAL RESOURCES, INC

Footnote F1

On November 22, 2022 (the "Closing Date"), Omega Acquisition, Inc., an Oklahoma corporation and wholly owned subsidiary of the Issuer ("Merger Sub"), merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation, pursuant to the Agreement and Plan of Merger, dated October 16, 2022 (the "Merger Agreement"), by and between the Issuer and Merger Sub. On the Closing Date and in connection with the consummation of the Merger, all shares of common stock, par value $0.01 per share, of the Issuer held by the Reporting Person (the "Rollover Shares") outstanding immediately prior to the effective time of the Merger converted into an identical number of newly issued shares of the surviving corporation having identical rights to the previously existing Rollover Shares held by the Reporting Person.

Footnote F2

(Continued from Footnote 1) The number of Rollover Shares reported includes 434 Company RS Awards. Pursuant to the terms of the Merger Agreement, each unvested restricted stock award (a "Company RS Award") issued under the Issuer's long-term incentive compensation plans that was outstanding immediately prior to the effective time of the Merger was replaced with a restricted stock unit award covering the same number of shares of the surviving corporation as the number of Rollover Shares covered by the Company RS Award. All of the dispositions of Rollover Shares reported on this Form 4 are exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") pursuant to Rule 16b-7 of the Exchange Act.