Gifford Fong Reduces Beneficial Ownership in PrimeEnergy Resources Corp Below 5% Threshold

On April 22, 2026, Gifford Fong filed Amendment No. 1 to his Schedule 13D for PrimeEnergy Resources Corp (PNRG), marking a significant decrease in his reported beneficial ownership. The reduction is due to the termination of two separate Voting Agreements with Steven Fong and Timothy Fong, which previously granted Gifford Fong voting power over 38,994 and 18,758 shares, respectively. Following the termination of these agreements, Mr. Fong no longer holds voting or dispositive power over those shares. He remains the direct owner of 54,364 shares of common stock, representing approximately 3.4% of the 1,618,000 shares outstanding. Because his ownership has fallen below the 5% threshold, this filing serves as his final amendment and an exit filing. Mr. Fong, a member of the Issuer's Board of Directors, stated he has no current plans for further acquisitions, dispositions, or extraordinary corporate transactions involving the company. No shares were actually bought or sold in the sixty days preceding this filing.