Effective December 6, 2019 (“Conversion Effective Time”), Pressburg, LLC, Roan Resources, Inc., converted into a Delaware limited liability company named Pressburg, LLC (“Conversion”). References herein to “Roan,” “Pressburg” or the “company” refer to Roan Resources, Inc. prior to the Conversion and to Pressburg, LLC following the Conversion. In connection with the Merger, at the Effective Time, Richard A. Gideon, Joseph A. Mills, Matthew Bonanno, Evan Lederman, John V. Lovoi, Paul B. Loyd Jr., Michael Raleigh, Andrew Taylor and Anthony Tripodo resigned as directors of the Pressburg, LLC.

The decision of each of Messrs. Gideon, Mills, Bonanno, Lederman, Lovoi, Loyd Jr., Raleigh, Taylor and Tripodo to resign as directors of the company was not the result of any disagreement with the Company on any matter relating to the operations, internal controls, policies or practices of the Company, and was solely as a result of the Merger. In connection with the consummation of the Merger and as contemplated by the Merger Agreement, from and after the Effective Time, the Board of Directors of the Company (the “Board”) was reconstituted such that Gregory A. Augsburger, Robert J. Woodard, James R. Woods, James Bush and James Levy were appointed as the directors of the Company.

Effective as of the Effective Time, Mr. Gideon was terminated as Chief Executive Officer of the Company. Gregory A. Augsburger was selected by the Board to succeed Mr. Gideon as Chief Executive Officer of the Company effective as of the Effective Time. There is no arrangement or understanding between Mr. Augsburger and any other person pursuant to which Mr. Augsburger was elected as Chief Executive Officer.

Except as described herein, there are no existing or currently proposed transactions to which the Company or any of its subsidiaries is a party and in which Mr. Augsburger has a direct or indirect material interest. There are no family relationships between Mr. Augsburger and any of the directors or officers of the Company or any of its subsidiaries. Mr. Augsburger has served as the Chief Executive Officer of the Citizen Energy companies since co-founding the firm with his partners in 2012.

Mr. Augsburger has also served as head of the Geology department of the Citizen Energy companies since 2012. Prior to his employment by Citizen Energy, Mr. Augsburger was employed by Apache Corporation as a Geologist. Mr. Augsburger has spent his career exploring and producing oil and gas in the Anadarko Basin, located in the Mid-Continent of the Onshore US E&P industry.