Successful placement of Bond Tap Issue

Diversified Energy Company (NYSE: DEC, LSE: DEC) (“Diversified” or the “Company”) announces that its wholly-owned subsidiary Diversified Gas & Oil Corporation has successfully placed a USD 200 million tap issue of the outstanding senior secured bonds due April 2029 (ISIN NO0013513606) (the "2029 Secured Bonds"). The total bond amount outstanding under the 2029 Secured Bonds will increase to USD 500 million.

The Company intends to use the net proceeds from the tap issue for general corporate purposes.

The bonds issued in the tap issue will be issued under a separate ISIN until a prospectus for the tap issue has been approved, at which time the tap issue bonds will be merged with the existing secured bonds under the 2029 Secured Bonds.

DNB Carnegie, a part of DNB Bank ASA, acted as Sole Bookrunner in connection with the tap issue.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Douglas Kris, SVP, IR and Corporate Communications of Diversified on the date and time provided.