Riley Exploration Permian, Inc.

During the quarter ended September 30, 2026, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act)adopted orterminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408 of Regulation S-K.

Amended and Restated Credit Agreement

On October 29, 2026, Riley Exploration Permian, Inc. (the "Company"), as parent guarantor, and its wholly-owned subsidiary, Riley Exploration – Permian, LLC (the "Borrower"), entered into an Amended and Restated Credit Agreement (the "A&R Credit Agreement") with Truist Bank, as administrative agent and issuing bank, and the lenders party thereto. The A&R Credit Agreement amends and restates in its entirety the Company's Credit Agreement dated as of September 28, 2017 (as previously amended, the "Prior Credit Agreement"). Obligations outstanding under the Prior Credit Agreement continue under the A&R Credit Agreement and were not discharged.

Among other things, the A&R Credit Agreement increases the borrowing base to $450 million from $425 million and the aggregate elected commitments to $450 million from $400 million with an aggregate maximum credit amount of $1.0 billion, extends the maturity date from December 2028 to October 2030, and reduces the tenor for required hedges under the rolling hedging requirement to 18-months from 24-months.

Borrowings under the A&R Credit Agreement remain secured by substantially all of the Company's and its subsidiaries' oil and natural gas properties and other assets, and remain guaranteed by the Company. As of October 29, 2026, the Borrower had $245 million of borrowings outstanding under the A&R Credit Agreement, leaving $205 million of availability.

The foregoing description is a summary and is qualified in its entirety by reference to the full text of the A&R Credit Agreement, which is filed as Exhibit 10.1 to this Quarterly Report on Form 10-Q and is incorporated herein by reference.