SilverBow Resources to Adjourn Annual Meeting of Shareholders Until May 29, 2024

SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced that the Company intends to adjourn, without commencing any business, its 2024 Annual Meeting of Shareholders (the “Meeting”), which was scheduled for May 21, 2024, at 10:00 a.m. CT (11:00 a.m. ET), until May 29, 2024, at 10:00 a.m. CT (11:00 a.m. ET). The record date of March 22, 2024, and the proposals to be voted on at the Meeting remain unchanged. Shareholders who have voted do not need to recast their votes, and proxies previously submitted in respect of the Meeting will be voted at the adjourned meeting unless properly revoked.

The decision to adjourn follows the Company’s announcement that it has entered into a definitive agreement pursuant to which Crescent Energy Company will acquire SilverBow in a transaction valued at $2.1 billion.

SilverBow continues to recommend that shareholders vote “FOR” the re-election of SilverBow’s three highly qualified director nominees – Gabriel L. Ellisor, Kathleen McAllister and Charles W. Wampler – on the WHITE proxy card today in connection with the Company’s 2024 Annual Meeting of Shareholders.

If you have any questions or require any assistance with voting your shares, please call SilverBow’s proxy solicitor:

Innisfree M&A Incorporated   501 Madison Avenue, 20th Floor New York, New York 10022   Shareholders: [phone] (toll-free from the U.S. or Canada) or [phone] (from other countries)   Banks and brokers may call collect: [phone]

ABOUT SILVERBOW RESOURCES, INC.

SilverBow Resources, Inc. (NYSE: SBOW) is a Houston-based energy company actively engaged in the exploration, development and production of oil and gas in the Eagle Ford Shale and Austin Chalk in South Texas. With over 30 years of history operating in South Texas, the Company possesses a significant understanding of regional reservoirs that it leverages to assemble high quality drilling inventory while continuously enhancing its operations to maximize returns on capital invested.

NO OFFER OR SOLICITATION

This communication relates to a proposed business combination transaction (the “Transaction”) between Crescent Energy Company (“Crescent”) and SilverBow. This communication is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, in any jurisdiction, pursuant to the Transaction or otherwise, nor shall there be any sale, issuance, exchange or transfer of the securities referred to in this document in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.