3001 Quail Springs Parkway
Oklahoma City, Oklahoma 73134
May 3,
2019
To the Companys Stockholders:
On April 30, 2019, Gulfport Energy Corporation, a Delaware corporation (the Company), filed its definitive proxy statement on
Schedule DEF14A (the 2019 Proxy Statement) with the Securities and Exchange Commission (the SEC) relating to the 2019 Annual Meeting of the Companys Stockholders (the 2019 Annual Meeting). The 2019 Proxy
Statement includes, among other proposals, the proposal to approve the Companys 2019 Amended and Restated Stock Incentive Plan (the Stock Incentive Plan). The Stock Incentive Plan was adopted by the Companys Board of
Directors on April 29, 2019, subject to the approval by the Companys stockholders at the 2019 Annual Meeting. This proposal and the material terms of the Stock Incentive Plan, as amended and restated, are described in the 2019 Proxy
Statement under Proposal 2 (the Plan Amendment Proposal).
In the description of the Plan Amendment Proposal included in the
2019 Proxy Statement, the Company disclosed each class of persons eligible to participate in and receive awards under the Stock Incentive Plan, consisting of employees, consultants and directors of the Company and its related companies, and the
types of awards that may be granted under the Stock Incentive Plan. As disclosed in the Companys Annual Report on Form
10-K
for 2018 (the Annual Report), which is being delivered to the
Companys stockholders together with the 2019 Proxy Statement and related notice of the 2019 Annual Meeting in compliance with the rules and regulations of the SEC, as of December 31, 2018, the Company (which includes its consolidated
subsidiaries) had 350 employees. As disclosed in the 2019 Proxy Statement, the Company has seven
non-employee
directors who are eligible to participate in the Stock Incentive Plan. Approximately six
consultants are eligible to participate in the Stock Incentive Plan, however the Company has not made equity grants to its consultants in the past and has no current intention to do so in the future.
The information included above does not make any revisions to the Plan Amendment Proposal, any other proposals included in the 2019 Proxy
Statement or the Board of Directors recommendation with respect to such proposals. The proxy materials, including the notice of the 2019 Annual Meeting, the 2019 Proxy Statement, this letter and the Annual Report, are also available on our
website at
www.gulfportenergy.com/proxy
.
It is important that your shares be represented at the 2019 Annual Meeting. Whether or
not you plan to attend the meeting, please complete and return the proxy card provided to you in connection with the 2019 Annual Meeting or vote by telephone or via Internet in accordance with the instructions provided to you with the proxy
materials. Please note that submitting a proxy by mail, telephone or Internet will not prevent you from attending the 2019 Annual Meeting and voting in person.
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Sincerely,
/s/ David M. Wood
David M.
Wood
Chief Executive Officer and President
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