Ring Energy grants inducement awards of 317K RSUs and 476K PSUs to CFO Sonu Johl

RING ENERGY, INC.

317,460 RSUs granted to CFO Sonu Johl, vesting in three equal annual installments starting March 2027.
476,190 PSUs (up to 952,380 shares) with 2026-2028 performance period; vesting 50% on TSR vs peer group and 50% on cash return on capital.
Inducement awards approved by Board as material inducement for Johl's employment, granted outside 2021 Omnibus Incentive Plan but with similar terms.

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