Range Resources (RRC) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 14, 2025, to be held virtually; shareholders of record as of March 17, 2025, are eligible to vote.

• 2024 saw strong operational and financial performance despite weak natural gas prices, with $945M in operating cash flow, $2.2B in sales, and $77M in dividends paid.

• Board refreshment continued with the retirement of two directors and the addition of Christian S. Kendall in February 2025.

• Company strategy focuses on consistent returns, safe and environmentally responsible operations, and capital returns to shareholders.

• 2024 operational highlights include 796.2 bcfe total production, 100% drilling success, and MiQ recertification with an "A" grade.

Voting matters and shareholder proposals

• Shareholders will vote on: (1) election of seven directors for terms expiring 2026, (2) advisory approval of executive compensation (say-on-pay), and (3) ratification of Ernst & Young LLP as independent auditor for 2025.

• Board recommends voting FOR all proposals.

• Shareholder proposals for the 2026 meeting must be submitted by December 5, 2025.

Board of directors and corporate governance

• Board consists of seven nominees, six of whom are independent; average tenure is five years.

• Board skills include CEO experience, industry expertise, financial reporting, risk management, and ESG.

• Board diversity: 1/3 of independent directors are women; focus on gender, racial, and ethnic diversity.

• Annual board self-evaluations, majority voting standard, proxy access, and right to call special meetings.

• Independent Chairman leads the board; all committees are composed of independent directors.