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Result of General Meeting and Acquisition Update

1. Diversified Energy's acquisition of Maverick Natural Resources approved by shareholders. 2. 99% voted in favor; 1% against the consideration shares resolution. 3. HSR Act waiting period expired, facilitating the acquisition process. 4. Transaction is expected to complete by end of Q1 2025. 5. Acquisition aligns with DEC's strategy of acquiring long-life energy assets.

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Why Bullish?

The strong shareholder support and upcoming acquisition indicate growth potential, similar to past successful acquisitions in the sector.

How important is it?

The article discusses a significant acquisition, likely to impact DEC's market position and revenue.

Why Short Term?

The anticipated completion of the acquisition by Q1 2025 will likely influence DEC's stock performance quickly.

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MAVERICKXOMCVXCOP
March 10, 2025 11:45 ET  | Source: Diversified Energy PLC BIRMINGHAM, Ala., March 10, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) is pleased to announce that the resolution put to shareholders at the Company's General Meeting held earlier today was duly passed. The General Meeting was held to invite shareholders to consider and approve the resolution to allot and issue the consideration shares connection with the proposed acquisition of Maverick Natural Resources (the “Acquisition”), as described in the announcement released on January 27, 2025 and the shareholder circular (including the notice of general meeting) published on February 20, 2025 (the “Circular”). The total votes were cast as follows: Resolution For% Against% Withheld1. Approval to allot the consideration shares 28,359,02899% 213,7591% 49,696 Note: A vote "Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" or "Against" shown. The full text of the resolution passed at the General Meeting is set out in the Circular which has also been submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism. The Board of Diversified Energy Company PLC is pleased to note that shareholders approved the resolution with substantial support, and would like to thank shareholders for their input and continued support. Acquisition Timing Update The Company notes that the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act") waiting period in connection with the Acquisition expired on March 7, 2025. The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction. Following approval by Shareholders and the expiration of the HSR Act waiting period, the Company expects to complete the Acquisition before the end of the first quarter 2025. A further announcement will be made once the Acquisition has been completed. Capitalized terms not otherwise defined in the text of this announcement have the meanings given in the Circular. For further information, please contact: Diversified Energy Company PLC+1 973 856 2757Doug Krisdkris@dgoc.comSenior Vice President, Investor Relations & Corporate Communicationswww.div.energy  FTI Consultingdec@fticonsulting.comU.S. & UK Financial Public Relations  About Diversified Energy Company PLC Diversified is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement. Through our differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.

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