NORTHERN OIL & GAS, INC.

(4)Represents service-based restricted stock awards granted under the EIP and held by Mr. Allen, which are scheduled to vest as follows, in each case, subject to continued employment through each applicable vesting date: (i) 8,660 shares on March 15, 2025, (ii) 10,116 shares on December 29, 2025, (iii) 10,136 shares on March 15, 2026, (iv) 10,116 shares on December 29, 2026, (v) 1,553 shares on March 15, 2027 and (vi) 10,116 shares on December 29, 2027.

(5)Represents service-based restricted stock awards granted under the EIP and held by Mr. Evans, which are scheduled to vest as follows, in each case, subject to continued employment through each applicable vesting date: (i) 8,167 shares on March 15, 2025, (ii) 10,116 shares on December 29, 2025, (iii) 9,643 shares on March 15, 2026, (iv) 10,116 shares on December 29, 2026, (v) 1,331 shares on March 15, 2027 and (vi) 10,116 shares on December 29, 2027.

(6)Represents service-based restricted stock awards granted under the EIP and held by Mr. Romslo, which are scheduled to vest as follows, in each case, subject to continued employment through each applicable vesting date: (i) 10,013 shares on March 15, 2025, (ii) 6,744 shares on December 29, 2025, (iii) 9,853 shares on March 15, 2026, (iv) 6,744 shares on December 29, 2026, (v) 1,349 shares on March 15, 2027 and (vi) 6,744 shares on December 29, 2027.

(7)Represents the applicable named executive officer’s outstanding 3-Year TSR Awards and 5-Year Performance Awards. The 3-Year TSR Awards are denominated in shares. The 5-Year Performance Awards are denominated in dollars, but for purposes of this column the number of shares has been calculated based on the number of shares that would be issued upon settlement based on the closing price of our common stock as of the last trading day of 2024. The amounts shown above assume target level performance under the 3-Year Absolute TSR Awards under the 2024 LTIP, and maximum level performance under the terms of all other such awards.