Company: PED
Filing Date: 2025-07-08
Form Type: 8-K
Source: 0001654954-25-007857
Chunk: 2

Company: PEDEVCO CORP
Filing Date: 2025-07-08
Form: 8-K
Item: Item 5.02
Chunk 2
---
 identical in all material respects to the indemnification agreements entered into with other Company officers and directors.

There are no family relationships between any director or executive officer of the Company, including, but not limited to Mr. Howie.

Biographical information for Mr. Howie is provided below:

Mr. John K. Howie, Age 66

Mr. Howie has over 40 years of experience in oil and gas engineering, management, and finance. Since August 2024, Mr. Howie has served as Chief Executive Officer of Red Wolfpack Holdings, a privately-held Houston, Texas-based firm he founded that pursues natural gas development opportunities. Prior to forming Red Wolfpack Holdings, from May 2017 until July 2024 Mr. Howie was President of Tellurian Production Company, a wholly-owned subsidiary of Tellurian Inc. (formerly NYSE AMEX: TELL), a Houston, Texas-based natural gas company that was acquired by Woodside Energy Group Ltd. in October 2024. Prior to May 2017, Mr. Howie founded and managed Impact Natural Resources, a Houston, Texas-based E& P company with assets in the Texas Gulf Coast and West Texas (from January 2016-2017), Parallel Resource Partners, an energy-focused investment firm headquartered in Houston, Texas which he co-founded and served as a Principal and Managing Director (from February 2010 to December 2023), Goldman, Sachs and Company, where he served as the Head of E& P Capital (from July 2003 to June 2009), EnCap Investments, L. L. C., a Houston, Texas-based private equity firm where he served as Vice President (from July 1999 to July 2003), and at various other E& P companies, including Range Resources Corporation, Apache Corporation, and Amoco Corporation (from 1982 to 1999).

Mr. Howie holds a Bachelor of Science, Chemical Engineering, from New Mexico State University, and is a Registered Professional Engineer in Texas.

(e) Restricted Stock Award

On July 7, 2025, the Company granted 150,000 shares of restricted Company common stock under the Company’s Amended and Restated 2021 Equity Incentive Plan (the “ Plan”) to Mr. John K. Howie (who was appointed to the Board of Directors on the same date as discussed above), a non-employee director, which shares vest on July 7, 2026, subject to Mr.