SilverBow Resources, Inc. announced that David Geenberg has stepped down from the Company?s Board of Directors effective November 27, 2023. Mr. Geenberg, one of two directors nominated by Strategic Value Partners, LLC (?SVP?), has stepped down as a natural progression of SVP?s sell down of its equity position in the Company. The Company also announced that Ellen R. DeSanctis has been appointed to the Board also effective November 27, 2023.

Ms. DeSanctis joins the Board as independent director following a comprehensive search process prior to Mr. Geenberg stepping down, conducted with the assistance of a nationally recognized search firm, to complement the Board?s existing credentials and qualifications. Ms. DeSanctis has over 40 years of industry experience, most recently serving as Senior Vice President of Corporate Relations for ConocoPhillips, where she worked from 2012 until her retirement in 2022. She previously held various positions relating to corporate communications and strategic development and planning for a number of upstream energy companies, including Petrohawk Energy Corporation, Rosetta Resources, Burlington Resources and Vastar Resources.

Ms. DeSanctis currently serves on the board of directors of Plains All American Pipeline and as a member of its Audit Committee and Health, Safety, Environmental and Sustainability Committee. She also serves as a member of the board of directors of St. Agnes Academy in Houston and served as past chair of the Girl Scouts of San Jacinto Council.

Ms. DeSanctis has a BA in Geological and Geophysical Sciences from Princeton University and an MBA from UCLA.