Kevin MacCurdy

Leo Mariani

Neil Mehta

Paul Diamond

Scott Hanold

Gabriel Daoud

John Abbott

John Freeman

Noah Hungness

Zachary Parham

John Annis

Neal Dingmann

Derrick Whitfield

Joshua Silverstein

Oliver Home

Oliver Huang

Oliver Wang

Phillip Jungwirth

Phillips Johnston

Zach Parham

- Permian Resources Operating, LLC, a subsidiary of Permian Resources Corporation, has issued a redemption notice for its **3.25% Exchangeable Senior Notes due 2028**.  **[1658566_0001193125-25-191221_d83141dex991.htm:0]** **[1658566_0001193125-25-191221_d83141d8k.htm:1]** 
- The redemption date for these notes is set for **September 12, 2025**.  **[1658566_0001193125-25-191221_d83141d8k.htm:1]** **[1658566_0001193125-25-191221_d83141dex991.htm:1]** 
- Notes that are not exchanged will be repurchased for cash at a redemption price of approximately **$1,014.53 per $1,000 principal amount**, which includes principal and accrued unpaid interest.  **[1658566_0001193125-25-191221_d83141d8k.htm:1]** **[1658566_0001193125-25-191221_d83141dex991.htm:1]** 
- For notes exchanged during the Redemption Exchange Period, the exchange rate will be increased to **179.9208 shares of common stock per $1,000 principal amount** due to a "make-whole fundamental change" triggered by the redemption notice.  **[1658566_0001193125-25-191221_d83141d8k.htm:1]** **[1658566_0001193125-25-191221_d83141dex991.htm:2]** 
- The deadline for holders to elect to exchange their notes is **5:00 P.M., New York City time, on September 10, 2025**.  **[1658566_0001193125-25-191221_d83141dex991.htm:2]**

Permian Resources Operating Announces Redemption of Exchangeable Senior Notes

Permian Resources (PR)