SM Energy Co

Corporate Responsibility and our Commitment to Sustainability

At SM Energy, we believe that our stockholders trust us to conduct business in a responsible and ethical manner designed to protect our employees, contractors and neighbors, and the environments in which we operate, while supporting the communities where we live and work. We believe that operating in this industry is a privilege, and we take that seriously. We seek to minimize risk to our communities and promote social, environmental, human and economic benefits, while continually striving to be a good steward of natural resources. Sustainability is an important factor in determining how we operate at SM Energy, and we work hard to preserve our reputation for responsible operations, strong governance, and long-term value creation.

Among our efforts during 2025, we continued to advance sustainability initiatives and practices throughout the organization, with a focus on safety, technical innovation, and environmental stewardship. Since 2019, we have reduced our flaring percentage by 74% and lowered our emissions intensity by 26%. We also advanced the use of modern technologies designed to improve methane monitoring and overall sustainability performance, enhanced responsible water management by increasing produced water recycling to 40%, and began integrating our Uinta Basin operations into SM Energy’s emissions strategy.

We would like to take this opportunity to thank our stockholders and other stakeholders for sharing their valuable feedback and recognizing our successful efforts to implement this feedback into our business strategy, governance practices, executive compensation programs, and sustainability focus.