Information for Certain Shareholders

IRS Form 8937 (Report of Organizational Actions Affecting Basis of Securities) is being made available by Crescent Energy Company, a Delaware corporation (“Crescent”), pursuant to Section 6045B(a) of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), which requires certain issuers of securities, or acquirors of such securities, to report certain organizational actions that affect the U.S. tax basis of those securities in the hands of shareholders who are U.S. persons (“U.S. holders”) and the quantitative effect on the basis of such securities of such organizational actions.

On December 7, 2021, Contango Oil & Gas Company, a Texas corporation (“Contango”),and Independence Energy LLC, a Delaware limited liability company (“Independence”), completed the combination of Contango’s business with the business of Independence under Crescent (such combination, the (“Transaction”) which is being reported to you on IRS Form 8937.

The purpose of this disclosure is to assist former shareholders of Contango that held Contango common stock (“Contango Common Stock”) at the time of the Transaction in determining the impact of the Transaction on the tax basis of their Contango Common Stock and on the tax basis of the Crescent Class A common stock (“Crescent Class A Common Stock”) received in exchange for their Contango Common Stock.

The IRS Form 8937 and this attachment are available for download below:

Form 8937pdf Attachment to Form 8937pdf