The Board of Directors of Amplify Energy Corp. (“AMPY”) sets high standards for its employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of Amplify Energy Corp's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of Amplify Energy Corp. or as required by applicable laws and regulations.