Company: REI
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001628280-25-017570
Chunk: 13

Company: RING ENERGY, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 13
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 be voted at the Annual Meeting. We will bear all expenses of soliciting proxies. We have engaged Broadridge Financial Solutions, Inc. to aid in the distribution of proxy materials and to provide voting and tabulation services for the Annual Meeting. Directors, officers, and employees will not be additionally compensated but may be reimbursed for reasonable out-of-pocket expenses in connection with any solicitation. In addition, we may reimburse brokerage firms, custodians, nominees, fiduciaries, and other persons representing beneficial owners of our Common Stock for their reasonable expenses in forwarding solicitation material to such beneficial owners.

MAY I PROPOSE ACTIONS FOR CONSIDERATION AT THE 2026 ANNUAL MEETING OF STOCKHOLDERS OR NOMINATE INDIVIDUALS TO SERVE AS DIRECTORS?

You may submit proposals for consideration at future stockholder meetings, including director nominations. Please read “Stockholder Proposals and Director Nominations for the 2026 Annual Meeting” for information regarding the submission of stockholder proposals and director nominations for consideration at next year’s annual meeting.

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#### 2025 PROXY STATEMENT
OUR 2024PERFORMANCE HIGHLIGHTS

Our multi-faceted initiatives throughout 2024 significantly contributed to our financial performance for the year. Key highlights included:

| $67.5 MM                 |     |                                 $233.3 MM |
| Net income               |     |                          Adjusted EBITDA1 |
| $43.6 MM                 |     |                                 $194.4 MM |
| Adjusted Free Cash Flow1 |     | Net Cash Provided by Operating Activities |
| 19,648 Boe/D             |     |                                    $10.89 |
| Net Sales per day        |     |         Lease Operating Expenses per BOE2 |

(1) A non-GAAP financial measure; see Appendix A for reconciliations to the most comparable GAAP financial measures.

(2) Calculated as lease operating expenses divided by total barrels of oil equivalent sold during the same period.

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#### RING ENERGY
Through our strategic efforts designed to drive financial stability and improve the balance sheet, we:

| Increased production (Boe/d) by 8% from 2023 levels |     | Generated adjusted EBITDA1of $233.3 million |     | Successfully drilled and completed 43 wells |

| Generated adjusted free cash flow1of $43.6 million (remaining cash flow positive for over 5 years) |     |