On March 24, 2020, Mr. Jan K. Smeets announced that he will not stand for re-election as a director of PrimeEnergy Resources Corporation, (the Company") at the Company's Annual Meeting scheduled for June 4, 2020. His decision was based on personal circumstances and consideration for the best use of his time. There were no disagreements with the Company relating to the Company's operations, policies or practices. Gifford Fong, a former Director, will stand for re-election at the Annual Meeting scheduled for June 4, 2020.