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Summary of Hedges Overview of Oil and Gas Hedges pdog MMBtud Oil Hedges 8,000 6,319 5,468 6,000 4,693 $84.86 - $107.26 4,000 $84.98 $107.48 2,846 $85.00 $107.47 2,502 2,251 2,070 2,000 1 $58.10 - $81.62 $47.15 $58.12 - $81.60 $47.17 $58.17 $81.59 $47.22 $60.80 $84.76 $48.49 $74.20 $92.66 $58.38 $77.69 - $99.30 $59.94 $80.00 $100.86 - $60.00 Jun-22 3Q 2022 4Q 2022 1Q 2023 2Q 2023 3Q 2023 4Q 2023 Collar ■Three-Way Collar Gas Hedges 60,000 49,819 50,000 44,475 38,170 40,000 29,508 30,000 $6.02 - $7.86 $5.99 - $7.83 $5.33 - $7.37 $6.45 - $10.20 20,000 10,000 $2.97 - $3.72¹ $2.362 $2.97 - $3.85 $2.41 $4.86 - $10.79 $4.01 $5.37 - $12.02 $4.50 Jun-22 3Q 2022 4Q 2022 1Q 2023 2Q 2023 3Q 2023 ■Three-Way Collar ■ Collar Note: Represents hedges for June 2022 onward 1. Weighted average floor / ceiling 2. Short put price GRANITE RIDGE 23

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