[Name 1] [Name 2]
August 19, 2020
Page
4
of charge on the Companys website at ir.montageresources.com under the heading SEC Filings or by requesting them by mail at Investor Relations, 122 W. John Carpenter Fwy, Suite
300, Irving, TX 75039, or by telephone at (469) 444-1736. Copies of documents filed with the SEC by Southwestern will be made available free of charge on Southwesterns website at www.swn.com or by
requesting them by mail at Investor Relations, 10000 Energy Drive, Spring, Texas 77389, or by telephone at (832) 796-4068.
Participants in the Solicitation
The Company,
Southwestern and certain of their respective directors, executive officers and certain other members of management and employees may be deemed to be participants in the solicitation of proxies from the stockholders of the Company in
connection with the proposed Merger. Information regarding the interests of the persons who may, under the rules of the SEC, be considered participants in the solicitation of the stockholders of the Company in connection with the proposed Merger,
which may be different than those of the Companys stockholders generally, will be set forth in the proxy statement and the other relevant documents to be filed with the SEC. Stockholders can find information about the Company and its directors
and executive officers and their ownership of the Companys common stock in the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with the SEC on
March 10, 2020, and the proxy statement for the Companys 2020 Annual Meeting of Stockholders filed with the SEC on April 28, 2020, and additional information about the ownership of the Companys common stock by its directors and
executive officers is included in their Forms 3, 4 and 5 filed with the SEC. Information about the Southwesterns directors and executive officers is available in Southwesterns Annual Report on Form
10-K for the fiscal year ended 2019 filed with the SEC on February 27, 2020 and its definitive proxy statement for the 2020 annual meeting of shareholders filed with the SEC on April 9, 2020.
Forward-Looking Statements
Statements in this
communication that relate to future results and events are forward-looking statements based on the Companys current expectations. Actual results and events in future periods may differ materially from those expressed or implied by these
forward-looking statements because of a number of risks, uncertainties and other factors. All statements other than statements of historical fact, including statements containing the words will, plan, would,
should, could, endeavor, believe, anticipate, intend, seek, estimate, expect, project, future, strategy,
potential, continue, budget, forecast, assume and other words and terms of similar meaning, or the negative of these terms, are statements that could be deemed forward-looking statements.
However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements include, but are not limited to, statements regarding the Transaction, pro forma descriptions of the combined company and
its operations, integration and transition plans, synergies, opportunities and anticipated future performance. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements
included in this communication. These include the expected timing and likelihood of completion of the Transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the Transaction that
could reduce anticipated benefits or cause the parties to abandon the Transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstances that could give rise to the termination of the