Effective July 22, 2021, the Board of Directors of Centennial Resource Development, Inc. appointed Vidisha Prasad to the Board. Ms. Prasad has been designated as a Class II director with a term expiring at the next annual meeting of the Companys stockholders. She was also appointed to serve on the Boards Audit Committee and Nominating, Environmental, Social and Governance Committee. Effective July 22, 2021, Karl Bandtel resigned as a director of the Company and from all committees of the Board on which he served. Mr. Bandtels resignation was not the result of any disagreement with the Company on any matter relating to the Companys operations, policies or practices. As a result of Ms. Prasads appointment, the size of the Board will remain at nine directors following Mr. Bandtels resignation.