SM ENERGY ANNOUNCES PLANNED RETIREMENT OF CHIEF EXECUTIVE OFFICER HERBERT S. VOGEL AND APPOINTMENT OF ELIZABETH A.

Core Points - SM Energy's CEO Herbert S. Vogel will retire on March 1, 2026, and has resigned as President effective September 4, 2025 [1][2] - Elizabeth A. McDonald has been appointed as President and Chief Operating Officer, with plans to promote her to CEO upon Vogel's retirement [2][3] - Vogel's leadership is credited with significant portfolio expansion and bottom-line growth, emphasizing technology, innovation, and safety [3] - McDonald expressed excitement about the company's growth in reserves, production, and cash flow, supported by a strong balance sheet [3] Company Overview - SM Energy is an independent energy company focused on the acquisition, exploration, development, and production of crude oil, gas, and NGLs in Texas and Utah [5]