SANDRIDGE ENERGY, INC. ANNOUNCES APPOINTMENT OF BRETT ICAHN TO THE BOARD OF DIRECTORS

Core Viewpoint - SandRidge Energy, Inc. has announced the appointment of Brett Icahn as a director, expanding the Board to six members, which reflects the commitment of major shareholders to the company's long-term success [1][5]. Company Overview - SandRidge Energy, Inc. is an independent oil and gas company focused on the production, development, and acquisition of oil and gas properties, primarily operating in the Mid-Continent region, including Oklahoma, Texas, and Kansas [6]. Brett Icahn's Background - Brett Icahn, age 45, is a notable American investor and portfolio manager, currently serving on the board of Icahn Enterprises L.P. and as a Portfolio Manager at Icahn Capital LP, which is a subsidiary of Icahn Enterprises [2]. - He has been instrumental in managing investment strategies for Icahn Capital since October 2020 and previously provided exclusive investment advice to Carl C. Icahn from 2017 to 2020 [2]. - Icahn has served on various boards, including Bausch Health Companies Inc. and Bausch + Lomb Corporation, and has a history of involvement with companies like Dana Inc. and Newell Brands Inc. [3]. Investment Philosophy - Known for his analytical rigor and long-term investment perspective, Brett Icahn has been involved in significant investment decisions and activist campaigns, emphasizing shareholder value and responsible corporate governance [4]. Board Comments - Vince Intrieri, Chairman of the Board of SandRidge, expressed enthusiasm about Icahn's appointment, highlighting the expected benefits from his insights and experience in executing the company's strategy [5]. - Brett Icahn expressed his eagerness to contribute to the company's growth and represent shareholder interests in pursuing long-term value creation [5].