Company: MGY
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001558370-25-003377
Chunk: 3

Company: Magnolia Oil & Gas Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 3
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, Magnolia assumes no duty to update or revise its forward-looking statements based on changes in internal estimates or expectations, to reflect events or circumstances after the date of this proxy statement, or otherwise.

Notice of 2025 Annual Meeting of Stockholders March 20, 2025 To the Stockholders of Magnolia Oil & Gas Corporation: NOTICE IS HEREBY GIVEN that the Magnolia Oil & Gas Corporation (“Magnolia,” the “Company,” “we,” “our” or “us”) 2025 Annual Meeting of Stockholders (the “Annual Meeting”) will be held on Wednesday, May 7, 2025, at 8:00 a.m. Central Time. The Annual Meeting will be held in a virtual meeting format only, conducted via live webcast at www.virtualshareholdermeeting.com/MGY2025, which allows us to provide real-time communication and easy access for stockholders and to facilitate participation since stockholders can join from any location. The Annual Meeting is being held for the following purposes:**

| Proposal   | Description                                                                                                                                       | Board                                                
 Recommendation                                       |
| Proposal 1 | To elect eight directors to serve on our Board of Directors for a one year term, commencing on the date of the Annual Meeting                     | FOR each nominee                                     |
| Proposal 2 | To approve an advisory, non-binding resolution regarding the compensation of Magnolia’s Named Executive Officers for 2024 (“say-on-pay vote”)     | FOR                                                  |
| Proposal 3 | To approve an advisory, non-binding resolution regarding the frequency with which Magnolia will hold future say-on-pay votes (“say-on-frequency”) | FOR a “1 YEAR” frequency for future say-on-pay votes |
| Proposal 4 | To ratify the appointment of KPMG LLP as our independent registered public accounting firm for the 2025 fiscal year                               | FOR                                                  |

We will also transact other business that may properly come before the Annual Meeting. Voting Only holders of record of Magnolia’s Class A Common Stock and Class B Common Stock at the close of business on March 10, 2025 (the “Record Date”) are entitled to receive notice of, and to vote at, the Annual Meeting or any adjournments or postponements thereof. It is important that your shares are represented at the Annual Meeting and voted in accordance with your wishes. Even if you plan to attend the virtual Annual Meeting, we urge you to vote in advance electronically over the Internet or by telephone or, if you receive paper proxy materials, by completing