Amplify Energy amends merger; Juniper adds $10M cash, updates hedges & reserves

Amplify Energy Corp.

Juniper cash contribution increased from $5M to $15M (incremental $10M) to reduce combined net debt.
Amplify to issue ~26.7M shares and assume ~$133M net debt at closing; pro forma debt now ~$123M.
Amplify hedged 80-85% of 2025 oil PDP; Juniper hedged 65-70%; combined hedge present worth ~$39M.
Juniper proved reserve PV-10 @$60 oil/$3.50 gas = $356M; PDP PV-10 = $230M.
Special meeting reconvened April 23, 2025; board continues to recommend voting FOR merger.

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