On March 12, 2020, Robert F. Heinemann notified the Board of Directors of QEP Resources, Inc. of his decision not to stand for re-election at the Company’s 2020 Annual Meeting of Shareholders, which is expected to be held in May of 2020. Dr. Heinemann is currently a member of the Board’s Audit Committee and serves as chair of the Board’s Compensation Committee. Dr. Heinemann’s decision not to stand for re-election is not the result of any disagreement with the Company regarding any matter related to the Company’s operations, policies or practices.