CRGY

SEC source: 0001140361-23-033060 · form4.xml · nonDerivative · entry 1

Independence Energy Aggregator L.P. · CIK 0001868340 · 10% owner

KKR Financial Holdings LLC · CIK 0001386926 · 10% owner

KKR Group Assets Holdings III L.P. · CIK 0001868946 · 10% owner

KKR Group Assets III GP LLC · CIK 0001868421 · 10% owner

KKR UPSTREAM ASSOCIATES LLC · CIK 0001746582 · 10% owner

Independence Energy Aggregator GP LLC · CIK 0001868377 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 54,234,496

F1 · security: Shares of Class B Common Stock of Crescent Energy Company (the "Issuer") have no economic rights but entitle its holder to one vote per share of Class B Common Stock on all matters to be voted on by shareholders generally.

F6 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F6 · price: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F2 · ownership.nature: Reflects securities held directly by Independence Energy Aggregator L.P. ("IE Aggregator"). Independence Energy Aggregator GP LLC is the general partner of IE Aggregator. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC.

F4 · ownership.nature: KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F5 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0001140361-23-033063 · form4.xml · derivative · entry 5

KKR Group Partnership L.P. · CIK 0001472698 · 10% owner

KKR Group Holdings Corp. · CIK 0001743754 · 10% owner

KKR Group Co. Inc. · CIK 0001932162 · 10% owner

KKR & Co. Inc. · CIK 0001404912 · 10% owner

KKR Management LLP · CIK 0001472694 · 10% owner

KRAVIS HENRY R · CIK 0001081714 · 10% owner

ROBERTS GEORGE R · CIK 0001081715 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 54,234,496

Underlying: Class A Common Stock · 27,597,199 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · security: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F6 · derivative.exercise_price: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F6 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F6 · derivative.exercise_date: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F6 · derivative.expiration_date: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F2 · ownership.nature: Reflects securities held directly by Independence Energy Aggregator L.P. ("IE Aggregator"). Independence Energy Aggregator GP LLC is the general partner of IE Aggregator. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC.

F4 · ownership.nature: KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F5 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0001140361-23-033063 · form4.xml · nonDerivative · entry 2

KKR Group Partnership L.P. · CIK 0001472698 · 10% owner

KKR Group Holdings Corp. · CIK 0001743754 · 10% owner

KKR Group Co. Inc. · CIK 0001932162 · 10% owner

KKR & Co. Inc. · CIK 0001404912 · 10% owner

KKR Management LLP · CIK 0001472694 · 10% owner

KRAVIS HENRY R · CIK 0001081714 · 10% owner

ROBERTS GEORGE R · CIK 0001081715 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 27,597,199

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F6 · price: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F2 · ownership.nature: Reflects securities held directly by Independence Energy Aggregator L.P. ("IE Aggregator"). Independence Energy Aggregator GP LLC is the general partner of IE Aggregator. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC.

F4 · ownership.nature: KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F5 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0001140361-23-033063 · form4.xml · nonDerivative · entry 1

KKR Group Partnership L.P. · CIK 0001472698 · 10% owner

KKR Group Holdings Corp. · CIK 0001743754 · 10% owner

KKR Group Co. Inc. · CIK 0001932162 · 10% owner

KKR & Co. Inc. · CIK 0001404912 · 10% owner

KKR Management LLP · CIK 0001472694 · 10% owner

KRAVIS HENRY R · CIK 0001081714 · 10% owner

ROBERTS GEORGE R · CIK 0001081715 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnotes

Disclosed balance after: 54,234,496

F1 · security: Shares of Class B Common Stock of Crescent Energy Company (the "Issuer") have no economic rights but entitle its holder to one vote per share of Class B Common Stock on all matters to be voted on by shareholders generally.

F6 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F6 · price: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled. The OpCo LLC Units and the Redemption Right have no expiration date.

F2 · ownership.nature: Reflects securities held directly by Independence Energy Aggregator L.P. ("IE Aggregator"). Independence Energy Aggregator GP LLC is the general partner of IE Aggregator. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC.

F4 · ownership.nature: KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F5 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0001866175-23-000038 · wf-form4_168694972739016.xml · nonDerivative · entry 1

Rockecharlie David C. · CIK 0001896656 · Director · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 45,000

F1 · price: This reported transaction of Crescent Energy Company's Class A common stock ("Common Stock") was executed in multiple "same-day, same-way" open market purchase trades at prices ranging from $10.12 to $10.16. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

SEC source: 0001866175-23-000036 · wf-form4_168677365769986.xml · nonDerivative · entry 1

Falk Todd · CIK 0001896661 · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,850

F1 · price: This reported transaction of Crescent Energy Company's Class A common stock ("Common Stock") was executed in multiple "same-day, same-way" open market purchase trades at prices ranging from $9.90 to $10.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

SEC source: 0001866175-23-000032 · wf-form4_168660663039284.xml · nonDerivative · entry 2

Rockecharlie David C. · CIK 0001896656 · Director · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 41,000

F2 · price: This reported transaction of Crescent Energy Company's Class A common stock ("Common Stock") was executed in multiple "same-day, same-way" open market purchase trades at prices ranging from $10.27 to $10.29. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

SEC source: 0001866175-23-000034 · wf-form4_168660687643062.xml · nonDerivative · entry 1

Kendall Brandi · CIK 0001897064 · Director · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,653

F1 · price: This reported transaction of Crescent Energy Company's Class A common stock ("Common Stock") was executed in multiple "same-day, same-way" open market purchase trades at prices ranging from $10.38 to $10.41. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

SEC source: 0001866175-23-000032 · wf-form4_168660663039284.xml · nonDerivative · entry 1

Rockecharlie David C. · CIK 0001896656 · Director · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,000

F1 · price: This reported transaction of Crescent Energy Company's Class A common stock ("Common Stock") was executed in multiple "same-day, same-way" open market purchase trades at prices ranging from $10.44 to $10.45. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

SEC source: 0001866175-23-000028 · wf-form4_168634478220269.xml · nonDerivative · entry 1

Shi Bo · CIK 0001914760 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,324

SEC source: 0001866175-23-000030 · wf-form4_168634527271717.xml · nonDerivative · entry 1

Falk Todd · CIK 0001896661 · See remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,500

SEC source: 0000899243-23-010783 · doc4.xml · nonDerivative · entry 1

GOFF JOHN C · CIK 0001040463 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,488

F1 · price: The shares of Crescent Energy Company's Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2024, subject to the reporting person's continuous service through such date.

SEC source: 0000899243-23-010782 · doc4.xml · nonDerivative · entry 1

PT Independence Energy Holdings LLC · CIK 0001897663 · Director · 10% owner

LIBERTY MUTUAL HOLDING CO · CIK 0001142872 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See footnote

Disclosed balance after: 41,120

F1 · security: Erich Bobinsky and Bevin Brown (the "Directors") are officers of Liberty Energy Holdings ("LEH") and serve on the Board of Directors of Crescent Energy Company (the "CRGY") as nominees of PT Independence Energy Holdings LLC (the "PT Reporting Person"). On April 3, 2023, CRGY granted to the Directors, in their capacities as directors of CRGY, an aggregate of 22,858 restricted stock units ("RSUs"). The Directors have agreed that they will not receive any separate compensation for serving as directors of CRGY and will transfer to LEH any director compensation they receive from CRGY, including any shares received in settlement of the restricted stock units.

F2 · shares: The shares of CRGY Class A common stock ("Common Stock") reported are RSUs granted to the Directors pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2024, subject to the Directors' continuous service through such date.

F1 · ownership.nature: Erich Bobinsky and Bevin Brown (the "Directors") are officers of Liberty Energy Holdings ("LEH") and serve on the Board of Directors of Crescent Energy Company (the "CRGY") as nominees of PT Independence Energy Holdings LLC (the "PT Reporting Person"). On April 3, 2023, CRGY granted to the Directors, in their capacities as directors of CRGY, an aggregate of 22,858 restricted stock units ("RSUs"). The Directors have agreed that they will not receive any separate compensation for serving as directors of CRGY and will transfer to LEH any director compensation they receive from CRGY, including any shares received in settlement of the restricted stock units.

F3 · ownership.nature: Pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of the PT Reporting Person, LEH has the sole right to vote or dispose of the shares of Common Stock held by the PT Reporting Person. Therefore, LEH is deemed to have beneficial ownership of the shares of Common Stock. The sole member of LEH is Liberty Mutual Insurance Company ("Liberty Mutual"), which is wholly owned by Liberty Mutual Group Inc. The sole shareholder of Liberty Mutual Group Inc. is LMHC Massachusetts Holdings Inc., whose sole shareholder is Liberty Mutual Holding Company Inc. Because Liberty Mutual Holding Company Inc. is a mutual holding company, its members are entitled to vote at meetings of the company. No such member is entitled to cast 5% or more of the votes.

F4 · ownership.nature: Each of PT Reporting Person, LEH, Liberty Mutual, Liberty Mutual Group Inc., LMHC Massachusetts Holdings Inc. and Liberty Mutual Holding Company Inc. (collectively, the "Record Holders") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the equity interests referred to in note 2 owned by the Record Holders and, therefore, a "ten percent holder" hereunder. Each Record Holder disclaims beneficial ownership of such equity interests reported herein, except to the extent of its pecuniary interest therein, and, with respect to each of the Record Holders, except to the extent of its respective direct ownership reported herein, and this report shall not be deemed an admission that the Record Holders are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001628280-23-010902 · wf-form4_168073045948537.xml · nonDerivative · entry 2

Shi Bo · CIK 0001914760 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,324

SEC source: 0001628280-23-010902 · wf-form4_168073045948537.xml · nonDerivative · entry 1

Shi Bo · CIK 0001914760 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,040

F1 · kind: The shares of Crescent Energy Company's Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest in substantially equal installments on each of April 1, 2024, April 1, 2025, and April 1, 2026, subject to the reporting person's continuous employment through each such date.

SEC source: 0001628280-23-010898 · wf-form4_168073037990119.xml · nonDerivative · entry 1

Brown Bevin · CIK 0001897079 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,559

F1 · price: The shares of Crescent Energy Company (the "Issuer") Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2024, subject to the reporting person's continuous service through such date.

F2 · ownership.direct: The reporting person serves on the Board of Directors of the Issuer as a nominee of PT Independence Energy Holdings LLC ("PT Independence") and is an officer of, and an employee of an affiliate of, Liberty Energy Holdings, LLC ("Liberty"), a member of PT Independence. The reporting person has agreed that she will not receive any separate compensation for serving as a director of the Issuer and will transfer to Liberty any director compensation she receives from the Issuer, including any Common Stock received in settlement of the RSUs. The reporting person disclaims beneficial ownership of such RSUs, except to the extent of her pecuniary interests therein.

SEC source: 0001628280-23-010896 · wf-form4_168073036432193.xml · nonDerivative · entry 1

Bobinsky Erich · CIK 0001896033 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,559

F1 · price: The shares of Crescent Energy Company (the "Issuer") Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2024, subject to the reporting person's continuous service through such date.

F2 · ownership.direct: The reporting person serves on the Board of Directors of the Issuer as a nominee of PT Independence Energy Holdings LLC ("PT Independence") and is an officer of, and an employee of an affiliate of, Liberty Energy Holdings, LLC ("Liberty"), a member of PT Independence. The reporting person has agreed that he will not receive any separate compensation for serving as a director of the Issuer and will transfer to Liberty any director compensation he receives from the Issuer, including any Common Stock received in settlement of the RSUs. The reporting person disclaims beneficial ownership of such RSUs, except to the extent of his pecuniary interests therein.

SEC source: 0001628280-23-010903 · wf-form4_168073047355382.xml · nonDerivative · entry 1

Simon Karen Jo · CIK 0001861762 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,983

F1 · price: The shares of Crescent Energy Company (the "Issuer") Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2024, subject to the reporting person's continuous service through such date.

SEC source: 0001628280-23-010901 · wf-form4_168073044042477.xml · nonDerivative · entry 1

MCCAIN ELLIS L · CIK 0001227698 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 53,624

F1 · price: The shares of Crescent Energy Company (the "Issuer") Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2024, subject to the reporting person's continuous service through such date.

SEC source: 0001628280-23-010900 · wf-form4_168073042342203.xml · nonDerivative · entry 1

GWIN ROBERT G · CIK 0001277260 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,559

F1 · price: The shares of Crescent Energy Company (the "Issuer") Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2024, subject to the reporting person's continuous service through such date.

SEC source: 0001628280-23-010899 · wf-form4_168073040740486.xml · nonDerivative · entry 1

FARLEY CLAIRE S · CIK 0001204506 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,559

F1 · price: The shares of Crescent Energy Company (the "Issuer") Class A common stock ("Common Stock") reported are restricted stock units ("RSUs") granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2024, subject to the reporting person's continuous service through such date.

SEC source: 0001866175-22-000049 · wf-form4_166915430556365.xml · nonDerivative · entry 1

Conner Benjamin · CIK 0001897078 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,536

SEC source: 0000899243-22-036398 · doc4.xml · nonDerivative · entry 2

Rockecharlie David C. · CIK 0001896656 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,000

SEC source: 0000899243-22-036398 · doc4.xml · nonDerivative · entry 1

Rockecharlie David C. · CIK 0001896656 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,000

SEC source: 0000899243-22-036069 · doc4.xml · nonDerivative · entry 2

Conner Benjamin · CIK 0001897078 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,036

SEC source: 0000899243-22-036067 · doc4.xml · nonDerivative · entry 2

Rockecharlie David C. · CIK 0001896656 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,000

F1 · price: This reported transaction of Crescent Energy Company's Class A common stock ("Common Stock") was executed in multiple "same-day, same-way" open market purchase trades at prices ranging from $13.72 to $13.97. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

SEC source: 0000899243-22-036396 · doc4.xml · nonDerivative · entry 1

Rynd John Clayton · CIK 0001896666 · See remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,000

SEC source: 0000899243-22-036066 · doc4.xml · nonDerivative · entry 1

Falk Todd · CIK 0001896661 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,350

SEC source: 0000899243-22-036071 · doc4.xml · nonDerivative · entry 1

Rynd John Clayton · CIK 0001896666 · See remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,500

F1 · price: This reported transaction of Crescent Energy Company's Class A common stock ("Common Stock") was executed in multiple "same-day, same-way" open market purchase trades at prices ranging from $13.87 to $13.89. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

SEC source: 0000899243-22-036065 · doc4.xml · nonDerivative · entry 1

Shi Bo · CIK 0001914760 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,755

SEC source: 0000899243-22-036068 · doc4.xml · nonDerivative · entry 1

Kendall Brandi · CIK 0001897064 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,500

F1 · price: This reported transaction of Crescent Energy Company's Class A common stock ("Common Stock") was executed in multiple "same-day, same-way" open market purchase trades at prices ranging from $14.06 to $14.20. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

SEC source: 0000899243-22-036069 · doc4.xml · nonDerivative · entry 1

Conner Benjamin · CIK 0001897078 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,436

F1 · price: This reported transaction of Crescent Energy Company's Class A common stock ("Common Stock") was executed in multiple "same-day, same-way" open market purchase trades at prices ranging from $14.00 to $14.45. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

SEC source: 0000899243-22-036067 · doc4.xml · nonDerivative · entry 1

Rockecharlie David C. · CIK 0001896656 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,000

SEC source: 0001140361-22-034945 · form4.xml · nonDerivative · entry 1

Independence Energy Aggregator L.P. · CIK 0001868340 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · kind: As previously disclosed, on September 13, 2022, in connection with an underwritten secondary public offering, Independence Energy Aggregator L.P. converted an equal number of shares of Class B Common Stock and units representing limited liability company interests of Crescent Energy OpCo LLC ("OpCo") into 572,354 shares of Class A Common Stock pursuant to the Amended and Restated LLC Agreement of OpCo. On September 26, 2022, Independence Energy Aggregator L.P initiated in-kind distributions of those 572,354 shares of Class A Common Stock to KKR Upstream Associates LLC, which now holds those shares directly. Not included on this Form 4 are the 81,831,695 OpCo units and shares of Class B Common Stock that continue to be held by Independence Energy Aggregator L.P.

F2 · ownership.direct: Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F3 · ownership.direct: The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.

SEC source: 0000899243-22-030972 · doc4.xml · derivative · entry 2

PT Independence Energy Holdings LLC · CIK 0001897663 · Director · 10% owner

LIBERTY MUTUAL HOLDING CO · CIK 0001142872 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,813,628

Underlying: Class A Common Stock · 2,568,786 shares

Expires not disclosed

F1 · derivative.exercise_price: Shares of Class B common stock, par value $0.0001 per share (the "Class B Common Stock"), of Crescent Energy Company (the "Issuer"), when combined with an equal number of units of Crescent Energy OpCo LLC, a Delaware limited liability company ("OpCo," and such units the "OpCo Units"), are exchangeable from time to time at the option of the holders thereof for shares of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock"), on a one-for-one basis (or, at the Issuer's option, for cash).

F2 · derivative.exercise_price: Represents 2,568,786 OpCo Units transferred to the Issuer by the Reporting Person and an equal number of shares of Class B Common Stock subsequently forfeited by the Reporting Person and canceled by the Issuer in exchange for $14.10 per OpCo Unit/share of Class B Common Stock (the "OpCo Unit Repurchase"). The OpCo Unit Repurchase was made pursuant to a Repurchase Agreement, dated September 8, 2022, by and among the Reporting Person, OpCo and, for the purposes of consent to the transfer of OpCo Units, the Issuer (the "Repurchase Agreement").

F3 · kind: The Repurchase Agreement was specifically approved in advance by both the Issuer's Audit Committee of the Board of Directors (the "Audit Committee") and a Subcommittee of the Audit Committee formed for the express purpose of considering approval of the OpCo Unit Repurchase. The approval satisfied the requirements of Rule 16b-3(e) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

F2 · shares: Represents 2,568,786 OpCo Units transferred to the Issuer by the Reporting Person and an equal number of shares of Class B Common Stock subsequently forfeited by the Reporting Person and canceled by the Issuer in exchange for $14.10 per OpCo Unit/share of Class B Common Stock (the "OpCo Unit Repurchase"). The OpCo Unit Repurchase was made pursuant to a Repurchase Agreement, dated September 8, 2022, by and among the Reporting Person, OpCo and, for the purposes of consent to the transfer of OpCo Units, the Issuer (the "Repurchase Agreement").

F1 · derivative.exercise_date: Shares of Class B common stock, par value $0.0001 per share (the "Class B Common Stock"), of Crescent Energy Company (the "Issuer"), when combined with an equal number of units of Crescent Energy OpCo LLC, a Delaware limited liability company ("OpCo," and such units the "OpCo Units"), are exchangeable from time to time at the option of the holders thereof for shares of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock"), on a one-for-one basis (or, at the Issuer's option, for cash).

F4 · derivative.expiration_date: Not applicable.

F1 · derivative.underlying: Shares of Class B common stock, par value $0.0001 per share (the "Class B Common Stock"), of Crescent Energy Company (the "Issuer"), when combined with an equal number of units of Crescent Energy OpCo LLC, a Delaware limited liability company ("OpCo," and such units the "OpCo Units"), are exchangeable from time to time at the option of the holders thereof for shares of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock"), on a one-for-one basis (or, at the Issuer's option, for cash).

F2 · derivative.underlying_shares: Represents 2,568,786 OpCo Units transferred to the Issuer by the Reporting Person and an equal number of shares of Class B Common Stock subsequently forfeited by the Reporting Person and canceled by the Issuer in exchange for $14.10 per OpCo Unit/share of Class B Common Stock (the "OpCo Unit Repurchase"). The OpCo Unit Repurchase was made pursuant to a Repurchase Agreement, dated September 8, 2022, by and among the Reporting Person, OpCo and, for the purposes of consent to the transfer of OpCo Units, the Issuer (the "Repurchase Agreement").

F5 · balance_after: Pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of the Reporting Person, Liberty Energy Holdings, LLC ("LEH") has the sole right to vote or dispose of the OpCo Units and shares of Class B Common Stock held by the Reporting Person. Therefore, LEH is deemed to have beneficial ownership of such OpCo Units and shares of Class B Common Stock. The sole member of LEH is Liberty Mutual Insurance Company ("Liberty Mutual"), which is wholly owned by Liberty Mutual Group Inc. The sole shareholder of Liberty Mutual Group Inc. is LMHC Massachusetts Holdings Inc., whose sole shareholder is Liberty Mutual Holding Company Inc. Because Liberty Mutual Holding Company Inc. is a mutual holding company, its members are entitled to vote at meetings of the company. No such member is entitled to cast 5% or more of the votes.

F6 · balance_after: (Continued from Footnote 5) Each of Reporting Person, LEH, Liberty Mutual, Liberty Mutual Group Inc., LMHC Massachusetts Holdings Inc. and Liberty Mutual Holding Company Inc. (collectively, the "Record Holders") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Exchange Act to be the indirect beneficial owner of some or all of the equity interests referred to in note 6 owned by the Record Holders and, therefore, a "ten percent holder" hereunder. Each Record Holder disclaims beneficial ownership of such equity interests reported herein, except to the extent of its pecuniary interest therein, and, with respect to each of the Record Holders, except to the extent of its respective direct ownership reported herein, and this report shall not be deemed an admission that the Record Holders are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

F7 · balance_after: Represents the aggregate number of shares of Class B Common Stock owned by the Reporting Person. The Reporting Person owns an equal number of OpCo Units which are exchangeable for shares of Class A Common Stock as described in note 1 above.

SEC source: 0000899243-22-030972 · doc4.xml · nonDerivative · entry 1

PT Independence Energy Holdings LLC · CIK 0001897663 · Director · 10% owner

LIBERTY MUTUAL HOLDING CO · CIK 0001142872 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,813,628

F1 · security: Shares of Class B common stock, par value $0.0001 per share (the "Class B Common Stock"), of Crescent Energy Company (the "Issuer"), when combined with an equal number of units of Crescent Energy OpCo LLC, a Delaware limited liability company ("OpCo," and such units the "OpCo Units"), are exchangeable from time to time at the option of the holders thereof for shares of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock"), on a one-for-one basis (or, at the Issuer's option, for cash).

F3 · kind: The Repurchase Agreement was specifically approved in advance by both the Issuer's Audit Committee of the Board of Directors (the "Audit Committee") and a Subcommittee of the Audit Committee formed for the express purpose of considering approval of the OpCo Unit Repurchase. The approval satisfied the requirements of Rule 16b-3(e) of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

F2 · shares: Represents 2,568,786 OpCo Units transferred to the Issuer by the Reporting Person and an equal number of shares of Class B Common Stock subsequently forfeited by the Reporting Person and canceled by the Issuer in exchange for $14.10 per OpCo Unit/share of Class B Common Stock (the "OpCo Unit Repurchase"). The OpCo Unit Repurchase was made pursuant to a Repurchase Agreement, dated September 8, 2022, by and among the Reporting Person, OpCo and, for the purposes of consent to the transfer of OpCo Units, the Issuer (the "Repurchase Agreement").

F2 · price: Represents 2,568,786 OpCo Units transferred to the Issuer by the Reporting Person and an equal number of shares of Class B Common Stock subsequently forfeited by the Reporting Person and canceled by the Issuer in exchange for $14.10 per OpCo Unit/share of Class B Common Stock (the "OpCo Unit Repurchase"). The OpCo Unit Repurchase was made pursuant to a Repurchase Agreement, dated September 8, 2022, by and among the Reporting Person, OpCo and, for the purposes of consent to the transfer of OpCo Units, the Issuer (the "Repurchase Agreement").

F5 · balance_after: Pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of the Reporting Person, Liberty Energy Holdings, LLC ("LEH") has the sole right to vote or dispose of the OpCo Units and shares of Class B Common Stock held by the Reporting Person. Therefore, LEH is deemed to have beneficial ownership of such OpCo Units and shares of Class B Common Stock. The sole member of LEH is Liberty Mutual Insurance Company ("Liberty Mutual"), which is wholly owned by Liberty Mutual Group Inc. The sole shareholder of Liberty Mutual Group Inc. is LMHC Massachusetts Holdings Inc., whose sole shareholder is Liberty Mutual Holding Company Inc. Because Liberty Mutual Holding Company Inc. is a mutual holding company, its members are entitled to vote at meetings of the company. No such member is entitled to cast 5% or more of the votes.

F6 · balance_after: (Continued from Footnote 5) Each of Reporting Person, LEH, Liberty Mutual, Liberty Mutual Group Inc., LMHC Massachusetts Holdings Inc. and Liberty Mutual Holding Company Inc. (collectively, the "Record Holders") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Exchange Act to be the indirect beneficial owner of some or all of the equity interests referred to in note 6 owned by the Record Holders and, therefore, a "ten percent holder" hereunder. Each Record Holder disclaims beneficial ownership of such equity interests reported herein, except to the extent of its pecuniary interest therein, and, with respect to each of the Record Holders, except to the extent of its respective direct ownership reported herein, and this report shall not be deemed an admission that the Record Holders are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

F7 · balance_after: Represents the aggregate number of shares of Class B Common Stock owned by the Reporting Person. The Reporting Person owns an equal number of OpCo Units which are exchangeable for shares of Class A Common Stock as described in note 1 above.

SEC source: 0000899243-22-031157 · doc4.xml · derivative · entry 4

Independence Energy Aggregator L.P. · CIK 0001868340 · 10% owner

KKR Financial Holdings LLC · CIK 0001386926 · 10% owner

KKR Group Assets Holdings III L.P. · CIK 0001868946 · 10% owner

KKR Group Assets III GP LLC · CIK 0001868421 · 10% owner

KKR UPSTREAM ASSOCIATES LLC · CIK 0001746582 · 10% owner

Independence Energy Aggregator GP LLC · CIK 0001868377 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 81,831,695

Underlying: Class A Common Stock · 6,322,354 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · security: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F6 · security: (Continued from Footnote 5) The OpCo LLC Units and the right to exercise the Redemption Right have no expiration date.

F5 · derivative.exercise_price: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F6 · derivative.exercise_price: (Continued from Footnote 5) The OpCo LLC Units and the right to exercise the Redemption Right have no expiration date.

F5 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F5 · derivative.exercise_date: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F6 · derivative.exercise_date: (Continued from Footnote 5) The OpCo LLC Units and the right to exercise the Redemption Right have no expiration date.

F5 · derivative.expiration_date: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F6 · derivative.expiration_date: (Continued from Footnote 5) The OpCo LLC Units and the right to exercise the Redemption Right have no expiration date.

F3 · ownership.nature: Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0000899243-22-031157 · doc4.xml · nonDerivative · entry 3

Independence Energy Aggregator L.P. · CIK 0001868340 · 10% owner

KKR Financial Holdings LLC · CIK 0001386926 · 10% owner

KKR Group Assets Holdings III L.P. · CIK 0001868946 · 10% owner

KKR Group Assets III GP LLC · CIK 0001868421 · 10% owner

KKR UPSTREAM ASSOCIATES LLC · CIK 0001746582 · 10% owner

Independence Energy Aggregator GP LLC · CIK 0001868377 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 572,354

F2 · price: This amount represents the $15.00 secondary price per share of Class A Common Stock of the Issuer less the underwriting discount of $0.90 per share for shares sold by Independence Energy Aggregator L.P. in connection with an underwritten public offering.

F3 · ownership.nature: Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0000899243-22-031157 · doc4.xml · nonDerivative · entry 2

Independence Energy Aggregator L.P. · CIK 0001868340 · 10% owner

KKR Financial Holdings LLC · CIK 0001386926 · 10% owner

KKR Group Assets Holdings III L.P. · CIK 0001868946 · 10% owner

KKR Group Assets III GP LLC · CIK 0001868421 · 10% owner

KKR UPSTREAM ASSOCIATES LLC · CIK 0001746582 · 10% owner

Independence Energy Aggregator GP LLC · CIK 0001868377 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 6,322,354

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F3 · ownership.nature: Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0000899243-22-031157 · doc4.xml · nonDerivative · entry 1

Independence Energy Aggregator L.P. · CIK 0001868340 · 10% owner

KKR Financial Holdings LLC · CIK 0001386926 · 10% owner

KKR Group Assets Holdings III L.P. · CIK 0001868946 · 10% owner

KKR Group Assets III GP LLC · CIK 0001868421 · 10% owner

KKR UPSTREAM ASSOCIATES LLC · CIK 0001746582 · 10% owner

Independence Energy Aggregator GP LLC · CIK 0001868377 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 81,831,695

F1 · security: Shares of Class B Common Stock of Crescent Energy Company (the "Issuer") have no economic rights but entitle its holder to one vote per share of Class B Common Stock on all matters to be voted on by shareholders generally.

F5 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F3 · ownership.nature: Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0000899243-22-031161 · doc4.xml · derivative · entry 4

KKR Group Partnership L.P. · CIK 0001472698 · 10% owner

ROBERTS GEORGE R · CIK 0001081715 · 10% owner

KKR Group Holdings Corp. · CIK 0001743754 · 10% owner

KKR Group Co. Inc. · CIK 0001932162 · 10% owner

KKR & Co. Inc. · CIK 0001404912 · 10% owner

KKR Management LLP · CIK 0001472694 · 10% owner

KRAVIS HENRY R · CIK 0001081714 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 81,831,695

Underlying: Class A Common Stock · 6,322,354 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · security: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F6 · security: (Continued from Footnote 5) The OpCo LLC Units and the right to exercise the Redemption Right have no expiration date.

F5 · derivative.exercise_price: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F6 · derivative.exercise_price: (Continued from Footnote 5) The OpCo LLC Units and the right to exercise the Redemption Right have no expiration date.

F5 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F5 · derivative.exercise_date: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F6 · derivative.exercise_date: (Continued from Footnote 5) The OpCo LLC Units and the right to exercise the Redemption Right have no expiration date.

F5 · derivative.expiration_date: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F6 · derivative.expiration_date: (Continued from Footnote 5) The OpCo LLC Units and the right to exercise the Redemption Right have no expiration date.

F3 · ownership.nature: Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0000899243-22-031161 · doc4.xml · nonDerivative · entry 3

KKR Group Partnership L.P. · CIK 0001472698 · 10% owner

ROBERTS GEORGE R · CIK 0001081715 · 10% owner

KKR Group Holdings Corp. · CIK 0001743754 · 10% owner

KKR Group Co. Inc. · CIK 0001932162 · 10% owner

KKR & Co. Inc. · CIK 0001404912 · 10% owner

KKR Management LLP · CIK 0001472694 · 10% owner

KRAVIS HENRY R · CIK 0001081714 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 572,354

F2 · price: This amount represents the $15.00 secondary price per share of Class A Common Stock of the Issuer less the underwriting discount of $0.90 per share for shares sold by Independence Energy Aggregator L.P. in connection with an underwritten public offering.

F3 · ownership.nature: Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0000899243-22-031161 · doc4.xml · nonDerivative · entry 2

KKR Group Partnership L.P. · CIK 0001472698 · 10% owner

ROBERTS GEORGE R · CIK 0001081715 · 10% owner

KKR Group Holdings Corp. · CIK 0001743754 · 10% owner

KKR Group Co. Inc. · CIK 0001932162 · 10% owner

KKR & Co. Inc. · CIK 0001404912 · 10% owner

KKR Management LLP · CIK 0001472694 · 10% owner

KRAVIS HENRY R · CIK 0001081714 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 6,322,354

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F3 · ownership.nature: Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0000899243-22-031161 · doc4.xml · nonDerivative · entry 1

KKR Group Partnership L.P. · CIK 0001472698 · 10% owner

ROBERTS GEORGE R · CIK 0001081715 · 10% owner

KKR Group Holdings Corp. · CIK 0001743754 · 10% owner

KKR Group Co. Inc. · CIK 0001932162 · 10% owner

KKR & Co. Inc. · CIK 0001404912 · 10% owner

KKR Management LLP · CIK 0001472694 · 10% owner

KRAVIS HENRY R · CIK 0001081714 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 81,831,695

F1 · security: Shares of Class B Common Stock of Crescent Energy Company (the "Issuer") have no economic rights but entitle its holder to one vote per share of Class B Common Stock on all matters to be voted on by shareholders generally.

F5 · kind: The terms of the Amended and Restated Limited Liability Company of Crescent Energy OpCo LLC ("OpCo") provide certain holders of units of OpCo ("OpCo LLC Units") with certain rights to cause OpCo to acquire all or a portion of the OpCo LLC Units (the "Redemption Right") for, at OpCo's election, (a) shares of Class A Common Stock of the Issuer at a redemption ratio of one share of Class A Common Stock for each OpCo LLC Unit redeemed, subject to conversion rate adjustments for any equity split, equity distribution, reclassification or other similar transaction, or (b) an equivalent amount of cash based on the trading price of a share of Class A Common Stock of the Issuer on the trading day that is immediately prior to the date of the redemption. In connection with any redemption of OpCo LLC Units pursuant to the Redemption Right, the corresponding number of shares of the Class B Common Stock will be cancelled.

F3 · ownership.nature: Reflects securities held by Independence Energy Aggregator L.P. Independence Energy Aggregator GP LLC is the general partner of Independence Energy Aggregator L.P. KKR Upstream Associates LLC is the sole member of Independence Energy Aggregator GP LLC. KKR Group Assets Holdings III L.P. and KKR Financial Holdings LLC are the controlling members of KKR Upstream Associates LLC. KKR Group Assets III GP LLC is the general partner of KKR Group Assets Holdings III L.P. KKR Group Partnership L.P. is the sole member of each of KKR Group Assets III GP LLC and KKR Financial Holdings LLC. KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR Group Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR & Co. Inc. is the sole shareholder of KKR Group Co. Inc. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.

F4 · ownership.nature: Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.

SEC source: 0000899243-22-028990 · doc4.xml · nonDerivative · entry 1

Kendall Brandi · CIK 0001897064 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,000

SEC source: 0000899243-22-028710 · doc4.xml · nonDerivative · entry 2

Conner Benjamin · CIK 0001897078 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,416

SEC source: 0000899243-22-028704 · doc4.xml · nonDerivative · entry 2

Rockecharlie David C. · CIK 0001896656 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,250

SEC source: 0000899243-22-028804 · doc4.xml · nonDerivative · entry 2

Kendall Brandi · CIK 0001897064 · Director · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,500

SEC source: 0000899243-22-028802 · doc4.xml · nonDerivative · entry 1

Rynd John Clayton · CIK 0001896666 · See remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,500

SEC source: 0000899243-22-028989 · doc4.xml · nonDerivative · entry 1

Shi Bo · CIK 0001914760 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,055