Permian Resources Corp

Trading Plans

During the quarter ended June 30, 2026, no directors or officers, as defined in Rule 16a-1(f), adopted orterminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” each as defined in Regulation S-K Item 408.

Non-Employee Director Compensation Program

In August 2026, the Company’s board of directors reviewed Permian Resources’ Non-Employee Director Compensation Program (as amended and restated, the “Program”) and determined, following the recommendation of the compensation committee of the board of directors, to amend and restate the Program to, among other things, make certain administrative updates to provisions that no longer apply given the passage of time, including the removal of restrictions related to receipt of compensation for directors affiliated with our former sponsors, which are no longer (i) beneficial owners of 5% or more of the Company’s common stock or (ii) considered affiliates of the Company.

The foregoing description of the Program does not purport to be complete and is qualified in its entirety by reference to the full text of the Program, a copy of which is filed hereto as Exhibit 10.4 and incorporated by reference herein.

Fourth Amended and Restated Severance Plan

In August 2026, the Company’s board of directors approved, following consultation with the Company’s compensation consultant and the recommendation of the compensation committee of the board of directors, the Permian Resources’ Fourth Amended and Restated Severance Plan (the “Amended Plan”). Under the Amended Plan, all of the Company’s full-time employees, including the named executive officers, are eligible for benefits in connection with a Qualifying Termination (as defined in the Amended Plan). The Amended Plan amends and restates in its entirety the Permian Resources Corporation Third Amended and Restated Severance Plan to, among other things, include a form of separation agreement and increase the amount deemed to be Base Salary (as defined in the Amended Plan) for our Co-Chief Executive Officers from $750,000 to $1,000,000.

The Amended Plan makes no (i) changes to any benefits received by our other employees, including any non-CEO named executive officers, or (ii) other changes to any healthcare continuation benefits, outplacement benefits or equity treatment benefits that the named executive officers are entitled to receive following a Qualifying Termination, all of which is described in the Company’s 2026 Proxy Statement.

The foregoing description of the Amended Plan does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended Plan, a copy of which is filed hereto as Exhibit 10.3 and incorporated by reference herein.

OpCo Ninth Amended and Restated Limited Liability Company Agreement

In August 2026, the Company’s board of directors, the audit committee of the board of directors and the members of OpCo approved the Ninth Amended and Restated Limited Liability Company Agreement of OpCo (as amended and restated, the “A&R LLC Agreement”), effective as of August 4, 2026. Among other matters, the A&R LLC Agreement (i) provides that OpCo will issue Common Units to any member of the PubCo Holdings Group (as defined in the A&R LLC Agreement) in connection with the issuance of shares of Class A Common Stock, including under the LTIP, following the Company’s reorganization on January 7, 2026, (ii) reflects certain tax updates in the event that OpCo becomes a single member, disregarded entity for purposes of U.S. federal and applicable state and local taxes, (iii) makes certain administrative updates to provisions that no longer apply given the passage of time, and (iv) makes certain other clarifying and conforming changes.

The foregoing description of the A&R LLC Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the A&R LLC Agreement, a copy of which is filed hereto as Exhibit 3.3 and incorporated by reference herein.