Coterra Energy Inc. announced the retirement of Executive Officer of the Company, effective September 30, 2023. Scott C. Schroeder, Chief Financial Officer (CFO), will be retiring after a nearly 28-year career at Cabot Oil & Gas Corporation and Coterra Energy Inc. Mr. Schroeder joined Cabot Oil & Gas Corporation in 1995, became an officer in 1997 and has spent the last 22-plus years serving as its, and most recently Coterra's, Chief Financial Officer. Mr. Schroeder will serve as Senior Advisor until his retirement date.

Shane E. Young has been appointed to the role of Chief Financial Officer. Mr. Young has an extensive background in upstream energy having worked both in investment banking and as a CFO for nearly the last decade, most recently at Talos Energy. Mr. Young holds an MBA from Dartmouth College and a BBA in Finance from the University of Texas at Austin.