#1 Reflects restricted shares surrendered to satisfy tax withholding for restricted stock vested on March 7, 2023.

#2 These restricted shares will vest 34%, 33% and 33% on March 7, 2024, 2025 and 2026, respectively.

#1 Represents shares acquired under the Denbury Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP offering period of July 1, 2023 through October 15, 2023. This transaction is exempt under Rule 16b-3(c).

#2 In accordance with section 423 of the Internal Revenue Code, these shares were purchased based on 85% of the lower of the fair market value of the Issuer's common stock on the first day of an offering period or on the date of purchase.

#1 Reflects restricted stock units ("RSUs") surrendered to satisfy tax withholding for RSUs vested on December 4, 2022. Each RSU represents a contingent right to receive one share of common stock, par value $0.001 per share (the "Common Stock"), of the Issuer. These RSUs, subject to certain exceptions, will be settled in shares of Common Stock within 30 days following December 4, 2023.

#1 Represents shares acquired under the Denbury Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP offering period of January 1, 2023 through June 30, 2023. This transaction is exempt under Rule 16b-3(c).

#2 In accordance with section 423 of the Internal Revenue Code, these shares were purchased based on 85% of the lower of the fair market value of the Issuer's common stock on the first day of an offering period or on the date of purchase.