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Full title: Chapter 11 Post-Confirmation Report for Quarter Ended 9/30/2021 (Filed By Chesapeake Energy Corporation ). (Cavenaugh, Matthew)

Document posted on Oct 21, 2021 in the bankruptcy, 6 pages and 0 tables.

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COVER LETTER REGARDING THE REORGANIZED DEBTORS’ POST-CONFIRMATION REPORT FOR THE QUARTER ENDING JUNE 30, 2021 On June 28, 2020 (the “Petition Date”), Chesapeake Energy Corporation and certain of its affiliated debtors, as debtors and debtors-in-possession (before the effective date of their plan of reorganization, the “Debtors,” and after the effective date of their plan of reorganization, the “Reorganized Debtors”), each commenced with the United States Bankruptcy Court for the Southern District of Texas (the “Court”) a voluntary case under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”).The total anticipated payments under the Plan for administrative claims, secured claims, and priority claims include the amounts of such claims that have been Allowed pursuant to the Plan plus the reasonable Filed amounts of such claims that have not yet been reconciled against the Debtors’ books and records. Data related to Priority Tax Claims, Revolving Credit Facility Claims (Class 3), FLLO Term Loan Facility Claims (Class 4), and Second Lien Notes Claims (Class 5), each as defined in the Plan, were omitted from the PCR as it does not correspond to the form.i Epiq Corporate Restructuring Other $0 $1,122,052 $0 $1,122,052ii Brown Rudnuck Special Counsel $0 $3,256,884 $0 $3,256,884iii Jackson Walker Local Counsel $0 $614,627 $0 $614,627 iv Alvarez & Marsal Financial Professional $0 $3,401,097 $0 $3,401,097v Kirkland & Ellis Lead Counsel $0 $16,820,174 $0 $16,820,174vi Norton Rose Fulbright Special Counsel $0 $1,186,594 $0 $1,186,594vii Alix Partners Financial Professional $0 $3,330,174 $0 $3,330,174viii Forshey & Prostok, LLP Special Counsel $0 $328,980 $0 $328,980ix Opportune Financial Professional $0 $6,295,183 $0 $6,295,183x BBG Other $0 $16,072 $0 $16,072 xi Intrepid Financial Professional $0 $10,034,375 $0 $10,034,375xii Rothschild Financial Professional $0 $10,273,516 $0 $10,273,516xiiiFor a discussion of he types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's ystems of records notice, UST-001, "Bankruptcy Case Files and Associated Records."

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION CASE NAME: Chesapeake Energy PETITION DATE: June 28, 2020 Corporation, et al. EMERGENCE DATE February 9, 2021 CASE NUMBER: 20-33233 (DRJ) (Jointly Administered) COVER LETTER REGARDING THE REORGANIZED DEBTORS’ POST-CONFIRMATION REPORT FOR THE QUARTER ENDING JUNE 30, 2021 On June 28, 2020 (the “Petition Date”), Chesapeake Energy Corporation and certain of its affiliated debtors, as debtors and debtors-in-possession (before the effective date of their plan of reorganization, the “Debtors,” and after the effective date of their plan of reorganization, the “Reorganized Debtors”), each commenced with the United States Bankruptcy Court for the Southern District of Texas (the “Court”) a voluntary case under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”). The Debtors were authorized to continue operating their businesses and managing their properties as debtors-in-possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code. An order confirming the Debtors’ plan of reorganization (the “Plan”) was entered on January 16, 2021 [Docket No. 2915]. The effective date of the Plan occurred on February 9, 2021 [Docket No. 3058]. On June 24, 2021, certain of the Reorganized Debtors’ cases were closed and the final decree was entered [Docket No. 3812]. The Reorganized Debtors are filing the quarterly post-confirmation report (the “PCR”) solely for the purposes of complying with the quarterly operating requirements of the Reorganized Debtors’ chapter 11 cases. The following notes, statements, and limitations should be referred to, and referenced in connection with, any review of the PCR. Capitalized terms used but not otherwise defined herein have the meanings given to them in the Plan. Part 3: Recoveries of Holders of Claims and Interests Under Confirmed Plan All claims information is included on Chesapeake Energy Corporation’s PCR. The total anticipated payments under the Plan for administrative claims, secured claims, and priority claims include the amounts of such claims that have been Allowed pursuant to the Plan plus the reasonable Filed amounts of such claims that have not yet been reconciled against the Debtors’ books and records. Data related to general unsecured claims includes data related to Unsecured Notes Claims (Class 6), General Unsecured Claims (Class 7), and Convenience Claims, each as defined in the Plan. The anticipated payments under the Plan on account of general unsecured claims are based on the implied equity value of shares and warrants calculated as of January 12, 2021. Data related to all general unsecured claims are included on the PCR for Chesapeake Energy Corporation. Data related to Priority Tax Claims, Revolving Credit Facility Claims (Class 3), FLLO Term Loan Facility Claims (Class 4), and Second Lien Notes Claims (Class 5), each as defined in the Plan, were omitted from the PCR as it does not correspond to the form. Reconciliation of all claims remains ongoing and total anticipated payments under the Plan may vary significantly depending on, among other things, allowance or disallowance of claims. Reservation of Rights Given the complexity of the Reorganized Debtors’ business, inadvertent errors or omissions may have occurred. The Reorganized Debtors reserve all rights to amend or supplement the PCR in all respects, as may be necessary or

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appropriate. Nothing contained in this PCR shall constitute a waiver of any of the Reorganized Debtors’ rights or an admission with respect to their chapter 11 cases.

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SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION n re: Chesapeake Energy Corporation § Case No. 20-33233 § Lead Case No. 20-33233 § Debtor(s) § Jointly Administered ost-confirmation Report Chapter 11 uarter Ending Date:09/30/2021 Petition Date: 06/28/2020 lan Confirmed Date:01/16/2021 Plan Effective Date:02/09/2021his Post-confirmation Report relates to: Reorganized DebtorOther Authorized Party or Entity: Name of Authorized Party or Entity / Gregory M. Larson Gregory M. Larson ignature of Responsible Party Printed Name of Responsible Party0/20/2021 ate 6100 N Western Ave, Oklahoma City, OK 73118 Address TATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. 1320.4(a)(2) applies.

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art 1: Summary of Post-confirmation Transfers Total Since Current Quarter Effective Date a. Total cash disbursements $923,972,475 $2,752,270,822 b. Non-cash securities transferred $13,104,551 $2,670,914,267c. Other non-cash property transferred $0 $0 d. Total transferred (a+b+c) $937,077,026 $5,423,185,089 art 2: Preconfirmation Professional Fees and Expenses Approved Approved Paid Current Paid Current Quarter Cumulative Quarter Cumulative . Professional fees & expenses (bankruptcy) $0 $61,223,545 $0 $61,223,545 incurred by or on behalf of the debtor Aggregate TotalItemized Breakdown by Firm Firm Name Role i Epiq Corporate Restructuring Other $0 $1,122,052 $0 $1,122,052ii Brown Rudnuck Special Counsel $0 $3,256,884 $0 $3,256,884iii Jackson Walker Local Counsel $0 $614,627 $0 $614,627 iv Alvarez & Marsal Financial Professional $0 $3,401,097 $0 $3,401,097v Kirkland & Ellis Lead Counsel $0 $16,820,174 $0 $16,820,174vi Norton Rose Fulbright Special Counsel $0 $1,186,594 $0 $1,186,594vii Alix Partners Financial Professional $0 $3,330,174 $0 $3,330,174viii Forshey & Prostok, LLP Special Counsel $0 $328,980 $0 $328,980ix Opportune Financial Professional $0 $6,295,183 $0 $6,295,183x BBG Other $0 $16,072 $0 $16,072 xi Intrepid Financial Professional $0 $10,034,375 $0 $10,034,375xii Rothschild Financial Professional $0 $10,273,516 $0 $10,273,516xiii Michel-Shaked Group Financial Professional $0 $2,241,779 $0 $2,241,779xiv Ernst & Young Financial Professional $0 $139,314 $0 $139,314xv PricewaterhouseCoopers Financial Professional $0 $1,776,724 $0 $1,776,724xvi Shearman & Sterling Special Counsel $0 $386,000 $0 $386,000Approved Approved Paid Current Paid Current Quarter Cumulative Quarter Cumulative . Professional fees & expenses (nonbankruptcy) $0 incurred by or on behalf of the debtor Aggregate TotalItemized Breakdown by Firm Firm Name Role i ii $0 . All professional fees and expenses (debtor & committees) $0 $61,223,547 $0 $61,223,547art 3: Recoveries of the Holders of Claims and Interests under Confirmed PlanTotal Anticipated % Paid of Payments Paid Current Allowed

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b. Secured claims $456,262,332 $0 $0 $9,139 0% c. Priority claims $26,027,833 $0 $0 $0 0% d. General unsecured claims $156,247,244 $13,783,870 $75,829,380 $4,903,530,493 2%e. Equity interests $0 $0 $0 art 4: Questionnaire a. Is this a final report? Yes No If yes, give date Final Decree was entered: If no, give date when the application for Final Decree is anticipated: 02/09/2022b. Are you current with quarterly U.S. Trustee fees as set forth under 28 U.S.C. § 1930? Yes NoPrivacy Act Statement 8 U.S.C. § 589b authorizes the collection of this information and provision of this information is mandatory. The United tates Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6) and to therwise evaluate whether a reorganized chapter 11 debtor is performing as anticipated under a confirmed plan. isclosure of this information may be to a bankruptcy trustee when the information is needed to perform the trustee's uties, or to the appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information ndicates a violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of he types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's ystems of records notice, UST-001, "Bankruptcy Case Files and Associated Records." See 71 Fed. Reg. 59,818 et seq. Oct. 11, 2006). A copy of the notice may be obtained at the following link: http://www.justice.gov/ust/eo/ules_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your ankruptcy case, or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F). declare under penalty of perjury that the foregoing Post-confirmation Report and its attachments, if ny, are true and correct and that I have been authorized to sign this report. / Gregory M. Larson Gregory M. Larson ignature of Responsible Party Printed Name of Responsible Partyice President of Accounting and Controller 10/20/2021 itle Date

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