Investor Presentaiton

Permian Resources - Company Overview PR Premier Delaware Basin Pure-Play E&P Company Top Tier Inventory Quality & Depth Commitment to Balance Sheet Strength Differentiated Shareholder Returns & Alignment Committed to ESG & Sustainability • • • . • . Largest pure-play Delaware Basin E&P company with ~180,000 net acres, ~40,000 net royalty acres and -157,500 Boe/d of FY 2023E production¹ Scaled cash flow base and balance sheet provide increased flexibility to respond to a range of market conditions High quality asset base and inventory depth drives highly capital-efficient development plan Inventory depth supports long-term free cash flow and shareholder return profile Committed to financial discipline with strong balance sheet and liquidity Low leverage provides for a healthy balance sheet and supports return of capital program during periods of weaker commodity prices Highly-aligned management team with track record of delivering differentiated returns Returning >50% of Free Cash Flow to shareholders on a go-forward basis² with current base dividend yield of 1.8%³ Commitment to ESG and sustainability with focus on combined best practices Published Corporate Sustainability Reports and targeting additional near & long-term sustainability goals PR Key Statistics Eddy ~180,000 Net Acres Lea ~157,500 Boe/d FY23E Production Delaware Basin New Mexico 15+ Years High-Quality Inventory ~$8.5bn Enterprise Value³ Culberson Texas <1.0x Current Leverage4 PR Acreage Loving Winkler Reeves Ward Based on mid-point on Preliminary FY 2023 Outlook ranges (2) Variable return program to begin in Q1'23, payable in Q2'23 (3) Market data as of November 7, 2022 (4) Current leverage represents Net Debt / Q3'22 LQA EBITDAX and includes full EBITDAX contribution from Legacy Colgate assets 2

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