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Investor Presentaiton

SandRidge Organization Today • • Starting in 2018, the Board and Management initiated meaningful personnel reductions to "right size" the organization to better align with the asset base and activity levels as well as to improve the ratio between field and corporate employees - - Outsourced operational accounting, land administration, HR, tax and other areas, saving $6MM+ per annum and providing enhanced scalability Retained key operational and technical skill sets, and moved to a contract-as-needed model for more episodic roles Remaining "core" team has been "upgraded" and "wears multiple hats" - "Fewer, better, better-incentivized" people with, in aggregate, more "career motivation" to drive SD's value Despite meaningful increases in 2022-2023 capital activity associated with drilling, completions, well reactivations, and increased well count, the Company maintained disciplined levels of both field and corporate personnel Employees 600 500 509 400 300 200 100 11 476 231 207 310 270 278 269 147 140 114 101 102 102 163 130 98 85 87 87 40 0 16 16 15 15 2016 2017 2018 2019 2020 2021 2022 2023 Corporate Field SandRidge Energy, Inc. NYSE: SD
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