Abraxas Petroleum Corporation announced that on April 26, 2021, Todd Dittmann tendered a letter of resignation to the Board of Directors of the Company, in which he resigned from his position on the Board. Mr. Dittmann is an executive of AG Energy Funding, LLC (AGEF"), an affiliate of the Second Lien Lender (as defined above), and was appointed to the Board in August 2020 as AGEF's designee, pursuant to that Governance Agreement, dated as of August 11, 2020, by and between the Company and AGEF (the Governance Agreement"). Pursuant to the terms of the Governance Agreement, Mr. Dittmann's resignation is effective April 26, 2021.