Overview

Overview

At SilverBow Resources, we Lead the Way through our commitment to building and maintaining strong relationships with and within our communities. We believe that trust must be earned, not given; and we pledge to earn our community’s trust before asking for its support. We lead by example, investing our time through volunteering our resources through community programming, charitable contributions and environmental stewardship, and investing in people through job creation, employee education and training.
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Stewardship

As community leaders, we recognize that we have a responsibility to give back, and we strive to do so in meaningful ways beyond providing economic benefits and job creation. In 2019, SilverBow formalized its charitable giving initiative by founding SBOW Cares, the philanthropic arm of the Company and a way for SilverBow and our employees to further contribute to, and have a deeper impact on, the communities in which we operate.

In 2017, during the aftermath of Hurricane Harvey, we set out to serve the affected communities in two ways. First, through the SilverBow Resources Charitable Fund, we established a Disaster Relief Committee for hurricane relief support. We combined contributions from our employees and from the Company to support the disaster recovery efforts of the United Way Relief Fund, Samaritan's Purse, Team Rubicon, Texas Diaper Bank, Texas Education Agency and families negatively impacted by the storm. Second, teams of our employees contributed their time and labor performing remediation at a flooded home near our Houston office, while another group dedicated their efforts to sorting food and supplies for those impacted through the United Way Relief Fund, a partnership with the Houston Food Bank.

More recently, SBOW Cares has been our Company’s link to nearby communities during the COVID-19 pandemic. Although our employees and management are eager to volunteer, SilverBow is committed to flattening the curve and has instead focused on deploying financial assistance to those most at risk and in need. To name just a few, contributions from our employees and the Company have gone to Kids’ Meals and local school districts and food banks serving areas in which SilverBow operates. SBOW Cares sponsored a Company-wide Food Bank Donation Matching Challenge benefitting Houston Food Bank, South Texas Food Bank, and Coastal Bend Food Bank. This season, SBOW Cares brought holiday cheer to children and families in need by donating over $25,000 to the community organizations and local food banks and encouraging our employees to give as well. SBOW Cares concluded 2020 by giving $100 HEB gift cards and SilverBow tumblers to 200 soldiers serving in the 172nd Battalion.

As an independent oil and gas Company, we recognize that we have a responsibility to all of our stakeholders to integrate health, safety, and environmental management processes into all our work activities. We continually emphasize to all of our employees, as well as all our contractors, that we must meet our operational and financial objectives without endangering the environment or the health and safety of those around us. In order to meet this goal effectively, we emphasize prevention rather than merely responding to problems after they occur, and we seek to continuously improve our processes so that health, safety, and the environment remain among our highest priorities.

One of the core tenants of SilverBow’s corporate culture is based on operating as One Team. This principal is fortified by specific action items that SilverBow has committed to take, such as recognizing and rewarding strong performance, fulfilling expectations and obligations and valuing the contributions and collaborations of others. Becoming One Team starts internally, with SilverBow’s commitment to providing rewarding opportunities for employees, continued investment in employee education and training, and helping employees realize their individual goals. We align our training programs with the technical and business skills that enable our employees to become more productive and competitive within the ever-changing oil and gas industry. Throughout the years, we have supported our employees in obtaining undergraduate and graduate degrees, including certifications in technical, administrative, business and financial disciplines.

The One Team principal also encompasses the communities in which we live, work, and operate and poses the expectation that SilverBow, our employees and business partners, will contribute to and collaborate with those communities. As an effort to integrate SilverBow with its surrounding areas, the Company intentionally designed SBOW Cares to be dependent on the suggestions and participation of our employees. After an incredible response, SBOW Cares grew its reach by immeasurable standards, and began participating in initiatives such as the Eric Suhl Foundation Golf Tournament and Headstrong, supporting military veterans and their families.

SBOWay
One Team | Unleash Potential | Drive Value | Lead the Way | Safety Strong
The SBOWay acts as the compass in SilverBow’s decision-making process, with true north pointing towards fulfilling the Company’s vision of driving value creation for the benefit all stakeholders. Each of the five principles of the SBOWay is one layer of the foundation of the Company’s corporate culture, one of many aspects that sets SilverBow apart from its Eagle Ford peers.