W&T Offshore Corporate and Transaction Overview

INSIDE OWNERSHIP1 AMONG THE HIGHEST OF PUBLIC E&P COMPANIES² 40% 35% 30% 25% 20% 15% 34% W&T Management's Interest is Highly Aligned with W&T's Shareholders and is Incentivized to Maximize Value and Mitigate Risk 10% 8% 6% 6% 5% 4% 5% 3% 3% 3% 2% 2% 2% 2% 2% 2% 1% 1% 1% 1% 1% 1% 1% 1% 0% 0% Public E&P Companies 1) Ownership percentage of insiders sourced from S&P Capital IQ as of 3/1/23 2) Peers comprised of the following companies: AR, BRY, BTE, CNX, CPE, CPG, CRK, ESTE, KOS, MGY, MRO, MTDR, MUR, NOG, PDCE, PR, ROCC, RRC, SBOW, SD, SM, SWN, VTLE, TALO 7 W&T OFFSHORE | NYSE:WTI W&T OFFSHORE

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