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    Martyn Willsher

    President and Chief Executive Officer at Amplify Energy
    Board
    Since January 2021
    Age
    47 years
    Education
    Earned a Master of Business Administration from The University of Texas at Austin and a Bachelor of Business Administration in Finance from Texas A&M University.
    Tenure
    Has been with Amplify Energy since at least May 2017, serving in roles from Vice President and Treasurer, to Senior Vice President and CFO, then as Interim CEO in April 2020, and ultimately as President and CEO since January 2021.

    Also at Amplify Energy

    DF
    Daniel Furbee
    Senior Vice President and Chief Operating Officer
    ED
    Eric Dulany
    Vice President and Chief Accounting Officer
    EMW
    Eric M. Willis
    Senior Vice President, General Counsel, and Corporate Secretary

    About

    Martyn Willsher is the President and Chief Executive Officer of Amplify Energy Corp, having steadily advanced through various leadership positions within the company.

    He started by contributing to the company in roles such as Vice President and Treasurer and later as Senior Vice President and CFO, where he played a key role in shaping the company’s financial strategies.

    After initially serving as Interim CEO from April 2020, he assumed his current role as President and CEO in January 2021, marking a significant milestone in his career.

    With a strong background in financial management and deep industry expertise, his tenure reflects a commitment to strategic leadership and operational excellence.

    $AMPY Performance Under Martyn Willsher

    Past Roles

    Organization Role Date Range Details
    Amplify Energy Interim Chief Executive Officer April 2020 - January 2021 Served as Interim CEO before becoming permanent CEO
    Amplify Energy Senior Vice President and Chief Financial Officer April 2018 - January 2021 Held role until transition to permanent CEO
    Amplify Energy Vice President and Treasurer May 2017 - April 2018 Served in a key treasury role
    Memorial Production Partners GP, LLC Treasurer July 2014 - May 2017 Role at the predecessor company
    Memorial Resource Development LLC Director of Strategic Planning March 2012 - June 2014 Affiliate role of the predecessor company
    AGL Resources Manager, Financial Analysis September 2009 - March 2012 Performed financial analysis functions
    Constellation Energy Director – Upstream Oil & Gas A&D August 2006 - March 2009 Led upstream oil & gas analysis
    JM Huber Corp. Various roles in Business Development and Financial Analysis N/A Dates not provided
    FTI Consulting Various roles in Business Development and Financial Analysis N/A Dates not provided
    PricewaterhouseCoopers LLP Various roles in Business Development and Financial Analysis N/A Dates not provided

    Fixed Compensation

    Data from  FY 2024
    Component NameAmount ($USD)Payment ScheduleAdditional Details
    Salary539,885 N/ABase salary earned in 2024
    Bonus27,040 N/ADiscretionary cash incentive bonus for 2024
    All Other Compensation20,700 N/ACompany contributions to the 401(k) plan

    Performance Compensation

    Data from  FY 2024

    Stock Awards

    Restricted Stock Units (RSUs)

    MetricValueDetails
    Grant DateFebruary 1, 2024 Service-based vesting
    Number of Units68,274 Vests in equal installments on each of the first three anniversaries
    Market Value$409,644 As of December 31, 2024

    Performance Stock Units (PSUs)

    MetricThreshold / Target / MaximumWeight / Actual PerformanceDetails
    Reported Free Cash Flow ($MM)Threshold: $10.0 / Target: $24.3 / Max: $38.6 Actual: $31.3 Tied to PSU vesting conditions
    Average Daily Production (Oil) (Mboe/d)Threshold: 6.8 / Target: 8.5 / Max: 10.2 Weight: 19.1% -
    Average Daily Production (Natural Gas/NGLs) (Mboe/d)Threshold: 9.2 / Target: 11.5 / Max: 13.7 Weight: 4.7% -
    Lease Operating Expense & CapEx ($MM)Threshold: $220.0 / Target: $196.0 / Max: $172.0 Weight: 14.9% -
    Cash General & Administrative Expense ($MM)Threshold: $30.0 / Target: $27.0 / Max: $24.0 Weight: 10.2% -
    ESG - Total Recordable Incident RateThreshold: 1.9 / Target: 1.1 / Max: 0.3 Weight: 7.2% 3-year average improvement
    ESG - Spill RateThreshold: 33.0 / Target: 22.0 / Max: 11.0 Weight: 7.1% 3-year average improvement
    ESG Strategy (%)Target: 5% Achieved: 5.0% -

    Non-Equity Incentive Plan Compensation

    MetricThreshold / Target / MaximumWeightActual PerformanceDetails
    Reported Free Cash Flow ($MM)Threshold: $10.0 / Target: $24.3 / Max: $38.6 30%Actual: 31.3% -
    Average Daily Production (Oil) (Mboe/d)Threshold: 6.8 / Target: 8.5 / Max: 10.2 20%Actual: 19.1% -
    Average Daily Production (Natural Gas/NGLs) (Mboe/d)Threshold: 9.2 / Target: 11.5 / Max: 13.7 5%Actual: 4.7% -
    Lease Operating Expense & CapEx ($MM)Threshold: $220.0 / Target: $196.0 / Max: $172.0 20%Actual: 14.9% -
    Cash General & Administrative Expense ($MM)Threshold: $30.0 / Target: $27.0 / Max: $24.0 10%Actual: 10.2% -
    ESG - Total Recordable Incident RateThreshold: 1.9 / Target: 1.1 / Max: 0.3 5%Actual: 7.2% 3-year average improvement
    ESG - Spill RateThreshold: 33.0 / Target: 22.0 / Max: 11.0 5%Actual: 7.1% 3-year average improvement
    ESG Strategy (%)Target: 5% 5%Achieved: 5.0% -