Company: MGY
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001558370-25-003377
Chunk: 17

Company: Magnolia Oil & Gas Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 17
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 as part of their overall compensation. As owners, our employees use their diverse experience and expertise to create value for investors by growing our assets, generating free cash flow, maintaining financial flexibility and ensuring thoughtful capital allocation.                                                                                                                                                                                                                                                                      
 ■For the second year in a row, Magnolia was recognized as a top workplace in the annual Houston Chronicle Top Workplaces survey, placing tenth among participating mid-sized companies in the greater Houston area in 2024 based on employee feedback on workplace satisfaction in several areas.                                                                                                                                                                                                                                                                                                     
 ■We provide several training initiatives, recently focusing on areas such as ownership, improving execution, time management, negotiation, leadership, and achieving efficiencies. We also hold Magnolia Insights business education seminars designed to help our team better understand our business and the roles various groups within the Company play in executing our strategy. Finally, our CyberStrong cybersecurity awareness program is designed to make our team aware of the cyberthreats we face as a company and provide them tools necessary to understand and counter those threats. 
 ■Our Think Like a Magnolia Owner CEO Awards recognize individuals or teams across the company who deliver projects or initiatives that generate stockholder value, improve company performance, or provide increased efficiencies or cost reductions.                                                                                                                                                                                                                                                                                                                                                 
 ■Magnolia offers a workplace flexibility program designed to support its business operations while giving eligible employees flexibility to work where they can be most productive.                                                                                                                                                                                                                                                                                                                                                                                                                   |
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| Magnolia Oil & Gas | 17 | 2025 Proxy Statement |

Corporate Governance

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| Supporting Our Communities                      | ■We make a $1,000 donation annually on each employee's behalf to the charitable organization of their choice, and in 2024 the Company contributed $252,000 towards employee-directed donations to local and national non-profits.                                                                                                                                        
 ■As part of Magnolia’s Field Giving Program, our field operations teams make donations on our behalf to support volunteer fire departments, school districts, food banks, community scholarship funds, historic preservation organizations, and other non-profits in the areas where we operate. In 2024, our field teams donated more than $43,500 to 30 organizations. 
 ■In 2024, over 90 percent of the new hires in our field locations came from the communities where they work or nearby locations and most continue to live in those communities.                                                                                                                                                                                          
 ■Whenever possible, and consistent with our focus on quality, safety, and