Ranger Oil Corporation announced that on May 26, 2022, Mr. Temitope Ogunyomi resigned from the board of directors of company, effective immediately. The decision of Mr. Ogunyomi to resign as a director of the company was not a result of any disagreement with the Company on any matter relating to the operations, policies or practices of the Company. Effective May 26, 2022, Mr. Garrett Chunn was appointed to the Board to fill the vacancy on the Board left by the resignation of Mr. Ogunyomi, to serve until his successor is elected and qualified, or, if earlier, until his death, disability, resignation, disqualification or removal from office.

The Board also appointed Mr. Chunn to the Reserves Committee of the Board. Mr. Chunn is a Vice President at Juniper Capital Advisors, L.P., the Company's controlling shareholder, which he joined in August 2020. Mr. Chunn has over 10 years of experience in the energy industry in both operational and business development related roles.