On April 26, 2024, Amber Bonney, the Chief Accounting Officer of Riley Exploration Permian, Inc. (the Company) informed the Company of her resignation to be effective June 1, 2024. Following the effective date of her resignation, Ms. Bonney is expected to become a consultant to the Company as of June 2, 2024. The Company approved the appointment of Jeffrey M. Gutman as the Chief Accounting Officer on April 26, 2024 with an effective date of June 1, 2024.

Mr. Gutman was previously the Executive Vice President and Chief Financial Officer for Riley Exploration Permian, LLC (REP"), now a subsidiary of the Company, from 2018 through 2020. Prior to joining REP, he was a Managing Consultant for NXT Advisory and CFO Services from 2017 to 2018, during which time he served as Managing Consultant and Interim Chief Financial Officer for H20 Midstream Partners. Mr. Gutman was the co-founder, Chief Financial Officer and member of the board of directors of Sabinal Energy, LLC from 2016 to 2017 and was the Chief Financial Officer of Jefferson Energy Companies from 2015 to 2016.

Mr. Gutman holds a Bachelor of Business Administration Accounting from Oklahoma State University.