March 20, 2024

DIVERSIFIED ENERGY COMPANY PLC

(the "Company") 

Q3 2023 Dividend Exchange Rate  

Diversified Energy Company PLC (LSE: DEC) announced on November 15, 2023 a dividend in respect of the third quarter ended September 30, 2023 on a pre-consolidation basis of 4.375 cents per share, which was subsequently revised to 87.5 cents per share as the result of the 20 for 1 share consolidation which took effect on Tuesday, December 5, 2023 (the "Q3 2023 Dividend").  The Company will pay the Q3 2023 Dividend on March 28, 2024 to those shareholders on the register on March 1, 2024. 

The Company announces that shareholders who have elected to receive their dividends in GBP sterling will receive an equivalent (post-consolidation) dividend payment of 68.44 pence per share, based on the March 15, 2024 exchange rate of GBP 0.78214=US $1.00.

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About Diversified Energy Company PLC 

Diversified is a leading independent energy company focused on producing, marketing, transporting, and retiring primarily natural gas and liquids assets. Our differentiated strategy provides the solution for existing long-life assets that have become non-core to traditional exploration companies. We acquire and then invest in each asset to improve environmental and production performance and ultimately retire the wells in a safe and environmentally secure process. This stewardship approach makes us the Right Company at the Right Time, enabling us to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.