Company Announcements

OKLAHOMA CITY , July 11, 2024 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has approved a cash dividend on the Company's common stock in the amount of $0.36 per share. The dividend is payable on August 8, 2024 to stockholders of record as of the close of business on July 25, 2024.

Additionally, the Company plans to release financial and operating results for its second quarter on August 7, 2024 after the U.S. financial markets close.

In connection with the earnings release, Riley Permian management will host a conference call for investors and analysts on August 8, 2024 at 9:00 a.m. CT to discuss the Company's results and to host a Q&A session. Interested parties are invited to participate by calling:

• Toll Free Dial-In, 1 (888) 596-4144
• Toll Dial-In, 1 (646) 968-2525
• Conference ID number 1303008

An updated company presentation, which will include certain items to be discussed on the call, will be posted prior to the call on the Company's website (www.rileypermian.com).

A replay of the call will be available until August 22, 2024 by calling:

• Toll Free Dial-in, 1 (800) 770-2030
• Toll Dial-in, 1 (609) 800-9909
• Conference ID Number 1303008

About Riley Exploration Permian, Inc.
Riley Permian is a growth-oriented, independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. For more information please visit www.rileypermian.com.

Investor Contact:

Rick D'Angelo
405-438-0126
IR@rileypermian.com

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SOURCE Riley Exploration Permian, Inc.