Coterra Energy Inc. has issued notices of redemption (the "Notices") with respect to its 4.375% Senior Notes due 2024 (the "Coterra 2024 Notes") and the 4.375% Senior Notes due 2024 (the "Cimarex 2024 Notes" and, together with the Coterra 2024 Notes, the "Notes") of Cimarex Energy Co., the Company's subsidiary. The Company (i) gave holders of the Coterra 2024 Notes notice that, on September 29, 2022 (the "Coterra Notes Redemption Date"), the Company will redeem $705,495,000 aggregate principal amount of the outstanding Coterra 2024 Notes, representing all of the outstanding Coterra 2024 Notes, and (ii) gave holders of the Cimarex 2024 Notes notice that, on October 19, 2022 (the "Cimarex Notes Redemption Date" and, together with the Coterra Notes Redemption Date, each a "Redemption Date"), the Company will redeem $44,497,000 aggregate principal amount of the Cimarex 2024 Notes, representing all of the outstanding Cimarex 2024 Notes (the redemptions described in (i) and (ii), the "Redemptions"). The redemption price for each series of Notes will be equal to the greater of (i) 100% of the principal amount thereof and (ii) the "make-whole" redemption premium specified in the respective indenture governing such series of Notes, plus, in either case, accrued and unpaid interest to the respective Redemption Date for each series of Notes.
