Range Resources Corporation (RRC)
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AGM 2021

May 12, 2021

Speaker 1

Good morning. Thank you for joining the Range Resources Corporation Annual Shareholder Meeting. I'm Erin McDowell, Assistant Corporate Secretary. As those of you know, if you have attended any of our prior meetings, we typically have a relatively short formal meeting. So if you have any questions about the matters addressed at the meeting, we will reserve a few minutes at the end.

For any other questions about the company, our IR team is as always available to speak to you. At this time, I will turn the meeting over to Greg Maxwell, Chairman of the Board.

Speaker 2

Thanks, Erin. Good morning, and welcome to the 2021 Annual Meeting of the Stockholders of Range Resources Corporation. As most of you know, I'm Greg Maxwell, Chairman of the Board. With us today telephonically are my fellow Board members, Brenda Klein, Margaret Dorman, Jim Funk, Steve Gray, Steve Palco and Jeff Ventura, who is also our CEO. On behalf of the entire Board, I want to thank you for voting your proxy this year And I assure you, the Board carefully considers the results of each year's proxy vote in making decisions about our company.

We also have representatives of our independent auditing firm, Ernst and Young, on the call, Andrea Lovelady and Camille Stauff. David Poole, Corporate Secretary, will serve as secretary and record the minutes of this meeting. David has also been designated to serve as the Inspector of the election of this meeting and he has confirmed that a quorum is present.

Speaker 1

Thanks, Greg. Under the company's bylaws, the Board of Directors set March 26, 2021 as the record date. Notice of this meeting was first mailed on April 2, 2021. On request, we will make available an affidavit of mailing and a certified list of the company's stockholders as of the record date compiled by the company's transfer agent. There were 259,586,000 435 shares of common stock outstanding on the record date.

Each outstanding share of common stock is entitled to one vote on the matters presented for a vote at this meeting. If anyone has a proxy for a stockholder or wants to vote at this meeting, please e mail a copy of your proof of stock ownership and your vote to dpooldp0olerangeresources.com@thistime. The proposals to be considered at this meeting are as follows. Proposal number 1 will be the election of 7 directors to serve on the Board until the next annual meeting. Since it is an uncontested election, the stockholders will elect directors by a majority vote as provided by the company's bylaws.

The directors who have been nominated are the present directors of the company. The second matter to be considered and voted on, a non binding proposal regarding the company's executive compensation philosophy as referred to as say on pay. The third item is a proposal to ratify the appointment of Ernst and Young LLP as the registered public accounting firm for our 2021 fiscal year. The 4th matter is to seek approval of the amendment to the company's 2019 equity plan to increase the shares issuable under the plan. There are over 228,000,000 shares of common stock represented at this meeting.

This equates to 91.54 percent of the total outstanding common stock of the company. In voting for the directors, the results for Ms. Brenda Klein, Ms. Margaret Dorman, Mr. Jim Funk, Mr.

Steve Gray, Mr. Greg Maxwell, Mr. Steve Palco and Mr. Jeff Ventura, all were voted in favor. For proposal number 2, the say on pay proposal, over 90 4% of the votes were cast in favor of this proposal.

In addition, with approval of over 99% of the votes cast, Ernst and Young was ratified as the company's registered public accounting firm for 2021. In voting regarding the equity plan, the votes were over 88% in favor.

Speaker 2

Thank you, Aaron. There being no further formal business to conduct. The meeting is adjourned. If you have any questions, we will take them now. As I mentioned before, we would appreciate you directing your questions to the matters addressed in our meeting.

Go ahead, operator. Mr. Maxwell, it's David. We do not have any questions being submitted. Very good.

Thank you, David. There being no further questions, I would like to thank you for attending our stockholder meeting and for your interest in and support of the company. That concludes our call.

Speaker 1

Thank you.

Speaker 2

Thank you. This concludes today's conference call. Thank you for participating and you may now disconnect.

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