Company: CRK
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000950170-25-056747
Chunk: 44

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 44
---
 In using this survey data, the compensation committee does not focus on any particular companies in the survey (other than the peer companies listed below). The compensation committee reviews market data for each element of compensation, as well as information regarding the incentive plan designs and pay practices among a selected peer group of companies. In general, the compensation committee uses this data as background information for its compensation decisions and does not "benchmark" compensation at any particular level relative to the peer companies. Selection criteria utilized to evaluate the companies selected for the peer group include: scope of operations; financial and operational metrics; and the availability of market compensation data. The compensation committee reviews the composition of the peer group annually and may consider modifications resulting from business combinations, changes in our strategy, asset sales or other types of transactions that cause peer companies to no longer exist or to no longer be comparable. Based on the foregoing criteria, the compensation committee approved the following compensation peer group for 2024. The peer group is the same group used for 2023 except that PDC Energy Inc. was removed as it was acquired during 2024.

| Antero Resources Corporation | Coterra Energy Inc.         | Matador Resources Corporation |
| Callon Petroleum Company     | EQT Corporation             | Range Resources Corporation   |
| Chord Energy Corporation     | Expand Energy Corporation   | SM Energy Company             |
| CNX Resources Corporation    | Gulfport Energy Corporation | Southwestern Energy Company   |

<div align='center'>32</div>

Determination of Base Salaries Base salary provides a fixed element of compensation periodically paid to our NEOs, which is generally reviewed annually by the compensation committee. In setting base salary, the compensation committee takes into account the following factors: competitive market data, the NEO's responsibilities, experience, performance, initiative, contributions to our overall performance, managerial ability and handling of special projects. The compensation committee approved the following annual base salaries for 2024 for the NEOs:

| Executive                                              |     | 2024 |   |         |     | 2023 |   |         |     | % Increase |     |
|:-------------------------------------------------------|:----|:-----|:--|--------:|:----|:-----|:--|--------:|:----|:-----------|:----|
| M. Jay Allison, Chief Executive Officer                |     |      | $ | 990,000 |     |      | $ | 880,000 |     |            | 13% |
| Roland O. Burns, President and Chief