Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-03

Amplify Energy (AMPY)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$3,944,707
Martyn Willsher total, FY2025
Former President and Chief Executive Officerhighest-paid officer; CEO Daniel Furbee: $1,898,298
33rd
CEO (Daniel Furbee) pay percentile vs peers
CEO-to-median pay ratio
93.38%
Say-on-pay support, latest vote
Companies that benchmark against AMPY
4 companies name AMPY as a compensation peer

Each company listed discloses AMPY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AMPY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Martyn Willsher$542,000$0$1,657,665$0$0$0$1,745,042$3,944,707
Former President and Chief Executive Officer
Daniel Furbee430,45749,0191,038,3490359,473021,0001,898,298
Chief Executive Officer
James Frew408,05746,547634,4180341,344021,0001,451,366
President & Chief Financial Officer
Eric Willis408,05746,547634,4180341,344021,0001,451,366
Senior Vice President, General Counsel & Corporate Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Martyn Willsher$3,944,707$2,484,347+1,460,360
Daniel Furbee1,898,2981,437,918+460,380
James Frew1,451,366
Eric Willis1,451,3661,611,466−160,100

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Daniel FurbeePSU2025-07-22100,000
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
James FrewRSU18,610$85,048
Daniel FurbeePSU55,829255,139
James FrewPSU55,829255,139
Daniel FurbeeRSU54,104247,255
James FrewRSU51,204234,002
Eric WillisRSU51,204234,002
Daniel FurbeePSU50,000228,500
Daniel FurbeePSU44,805204,759
James FrewPSU44,805204,759
Eric WillisPSU44,805204,759
Eric WillisRSU36,709167,760
Daniel FurbeeRSU29,870136,506
James FrewRSU29,870136,506
Eric WillisPSU29,462134,641
Daniel FurbeePSU27,052123,628
James FrewPSU25,602117,001
Eric WillisPSU25,602117,001
Daniel FurbeeRSU18,61085,048
Eric WillisRSU9,82144,882
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company employs a compensation philosophy that emphasizes pay-for-performance based on a combination of Company and individual performance and places the majority of each officer’s compensation at risk based on key performance indicators or stock price performance over the long term. This approach is designed to align the interests of executive officers with those of stockholders, attract and retain talent, and motivate the achievement of near-term and long-term goals.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0314,823,6701,050,237156,24493.38%Passed
20252025-06-1318,032,9683,353,839232,45483.41%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0393.38%a
20252025-06-1383.41%b

a. Approved under the standard stated in the filing — “Abstentions will not be considered as votes cast "FOR" or "AGAINST" Proposal 5 and will not affect the outcome of Proposal 5.”.

b. Approved under the standard stated in the filing — “Abstentions are considered shares of Common Stock present and entitled to vote and will have the same effect as votes "against" a nominee to the Board.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Christopher W. HammIndependent · Board Chair · Audit · Compensation (Chair) · Nominating and Governance$175,000$167,421$342,421
Deborah G. AdamsIndependent · Audit · Compensation · Nominating and Governance (Chair)100,000119,586219,586
Todd R. SnyderIndependent · Audit (Chair) · Compensation · Nominating and Governance100,000119,586219,586
Clint CoghillIndependent · Lead Independent Director · Compensation46,978137,504184,482
James E. CraddockNot independent · Departed during FY50,000050,000
Vidisha PrasadNot independent · Departed during FY37,500037,500
Patrice DouglasNot independent · Departed during FY37,500037,500
Daniel FurbeeEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$125,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$546,978
Equity awards (grant-date value)$544,097
All other compensation$0
Total cost of the board$1,091,075

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Amplify Energy names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Amplify Energy.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Berry Corporation2024Kevin Kwilinski$1,029,808$14,071,727$2,879,994$1,535,625$20,017,718
2W&T Offshore, Inc.2025Tracy Krohn800,0004,317,2890967,2006,183,187
3Riley Exploration Permian, Inc.2025Bobby Riley675,0003,914,7250742,0005,782,259
4Gran Tierra Energy Inc.2025Gary Guidry510,0552,040,2210397,8433,086,301
5Amplify Energy2025Daniel Furbee430,4571,038,3490359,4731,898,298
6Granite Ridge Resources, Inc.2024Luke Brandenberg500,000481,438107,81301,461,306
7Evolution Petroleum Corporation2025Kelly Loyd375,000534,672356,2501,315,704
VAALCO Energy, Inc.not in coverage universe
SandRidge Energy, Inc.not in coverage universe
Ring Energy, Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Amplify Energynot disclosedPSU 50 · RSU 50not disclosedMeridian Compensation Partners, LLC
Berry Corporation117%PSU 60 · Options 40Yes — Relative TSR vs. Peer GroupPearl Meyer
Evolution Petroleum Corporationnot disclosednot disclosednot disclosednot disclosed
Gran Tierra Energy Inc.78%PSU 80 · RSU 20Yes — Total Shareholder Return (TSR) relative to peer companiesnot disclosed
Granite Ridge Resources, Inc.not disclosednot disclosednot disclosedDana Krieg
Riley Exploration Permian, Inc.not disclosedRSU 70 · PRSU 30not disclosedMeridian Compensation Partners, LLC
Ring Energy, Inc.not disclosednot disclosednot disclosednot disclosed
SandRidge Energy, Inc.not disclosednot disclosednot disclosednot disclosed
VAALCO Energy, Inc.not disclosednot disclosednot disclosednot disclosed
W&T Offshore, Inc.121.88%PSU 60 · RSU 40Yes — TSRMeridian

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Martyn WillsherDEF 14A2026-04-230001104659-26-047701Section “Executive Compensation”. As printed: 3,944,707. Filing ↗machine: r6 · c41 · span 304833–304842
2Section 01, Daniel FurbeeDEF 14A2026-04-230001104659-26-047701Section “Executive Compensation”. As printed: 1,898,298. Filing ↗machine: r1 · c41 · span 283281–283290
3Section 01, James FrewDEF 14A2026-04-230001104659-26-047701Section “Executive Compensation”. As printed: 1,451,366. Filing ↗machine: r3 · c41 · span 291527–291536
4Section 01, Eric WillisDEF 14A2026-04-230001104659-26-047701Section “Executive Compensation”. As printed: 1,451,366. Filing ↗machine: r4 · c41 · span 296268–296277
5Section 03, Daniel Furbee PSUDEF 14A2026-04-230001104659-26-047701Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
6Section 08, Christopher W. HammDEF 14A2026-04-230001104659-26-047701Section “Director Compensation”. As printed: 342,421. Filing ↗
7Section 08, Deborah G. AdamsDEF 14A2026-04-230001104659-26-047701Section “Director Compensation”. As printed: 219,586. Filing ↗
8Section 08, Todd R. SnyderDEF 14A2026-04-230001104659-26-047701Section “Director Compensation”. As printed: 219,586. Filing ↗
9Section 08, Clint CoghillDEF 14A2026-04-230001104659-26-047701Section “Director Compensation”. As printed: 184,482. Filing ↗
10Section 08, James E. CraddockDEF 14A2026-04-230001104659-26-047701Section “Director Compensation”. As printed: 50,000. Filing ↗
11Section 08, Vidisha PrasadDEF 14A2026-04-230001104659-26-047701Section “Director Compensation”. As printed: 37,500. Filing ↗
12Section 08, Patrice DouglasDEF 14A2026-04-230001104659-26-047701Section “Director Compensation”. As printed: 37,500. Filing ↗
13Section 08, Daniel FurbeeDEF 14A2026-04-230001104659-26-047701Section “Director Compensation”. As printed: 0. Filing ↗
14Section 06, 2026 voteForm 8-K2026-06-030001104659-26-070091Item 5.07 · say-on-pay result. As reported: 93.38% (votes for as printed: 14,823,670). Filing ↗
15Section 06, 2025 voteForm 8-K2025-06-130001104659-25-059347Item 5.07 · say-on-pay result. As reported: 83.41% (votes for as printed: 18,032,968). Filing ↗
16Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
17Section 09b board cost (computed)ComputedcomputedCash 546,978 + equity 544,097 + all other 0 = 1,091,075, summed across the director compensation table rows.machine: formula: Σ = 1,091,075
18Berry Corporation, Section 10b CEO totalDEF 14A2025-01-070001104659-25-001507CEO total compensation as printed in Berry Corporation's own proxy. As printed: 20,017,718. Filing ↗machine: r1 · c42 · span 938559–938569
19W&T Offshore, Inc., Section 10b CEO totalDEF 14A2026-04-230001104659-26-047016CEO total compensation as printed in W&T Offshore, Inc.'s own proxy. As printed: 6,183,187. Filing ↗machine: r1 · c42 · span 1563753–1563762
20Riley Exploration Permian, Inc., Section 10b CEO totalDEF 14A2026-04-100001140361-26-014090CEO total compensation as printed in Riley Exploration Permian, Inc.'s own proxy. As printed: 5,782,259. Filing ↗machine: span 508818–508827
21Gran Tierra Energy Inc., Section 10b CEO totalDEF 14A2026-03-170001193125-26-111212CEO total compensation as printed in Gran Tierra Energy Inc.'s own proxy. As printed: 3,086,301. Filing ↗machine: r4 · c27 · span 755934–755943
22Amplify Energy (subject), Section 10b CEO totalDEF 14A2026-04-230001104659-26-047701CEO total compensation as printed in Amplify Energy's own proxy. As printed: 1,898,298. Filing ↗machine: r1 · c41 · span 283281–283290
23Granite Ridge Resources, Inc., Section 10b CEO totalDEF 14A2025-04-080001928446-25-000017CEO total compensation as printed in Granite Ridge Resources, Inc.'s own proxy. As printed: 1,461,306. Filing ↗machine: span 290882–290892
24Evolution Petroleum Corporation, Section 10b CEO totalDEF 14A2025-10-230001104659-25-101832CEO total compensation as printed in Evolution Petroleum Corporation's own proxy. As printed: 1,315,704. Filing ↗
25Section 10a, W&T Offshore, Inc. reciprocityDEF 14A0001104659-26-047016W&T Offshore, Inc. names Amplify Energy in its own disclosed peer group (read from its most recent proxy). Filing ↗
26Section 10a, Riley Exploration Permian, Inc. reciprocityDEF 14A0001140361-26-014090Riley Exploration Permian, Inc. names Amplify Energy in its own disclosed peer group (read from its most recent proxy). Filing ↗
27Section 10a, Gran Tierra Energy Inc. reciprocityDEF 14A0001193125-26-111212Gran Tierra Energy Inc.'s most recent proxy was read; its disclosed peer group does not include Amplify Energy. Filing ↗
28Section 10a, Berry Corporation reciprocityDEF 14A0001104659-25-001507Berry Corporation's most recent proxy was read; its disclosed peer group does not include Amplify Energy. Filing ↗
29Section 10a, Evolution Petroleum Corporation reciprocityDEF 14A0001104659-25-101832Evolution Petroleum Corporation's most recent proxy was read; its disclosed peer group does not include Amplify Energy. Filing ↗