Jerry R. Schuyler was appointed as a member of the board of directors (the “Board”) of Penn Virginia Corporation (OTCMKTS:PVAHQ). Mr. Schuyler is currently Chairman of the Board of Gastar Exploration Inc. He served as Executive Vice President, Chief Operating Officer and Director of Laredo Petroleum, Inc. beginning in June 2007, was promoted to President and Chief Operating Officer in July 2008 and retired in July 2013. Mr. Schuyler served as an independent director for Yates Petroleum Corporation from December 2015 until the sale of the company in October 2016; independent director for Rosetta Resources Inc. from December 2013 until the company was sold in July 2015 and independent director for Gulf Coast Energy Resources, LLC from 2010 until the sale of the company in April 2015. Mr. Schuyler holds a B.S. in Petroleum Engineering from Montana College of Mineral Science and Technology and attended several graduate business courses at the University of Houston. In connection with his appointment, Mr. Schuyler entered into an indemnification agreement (the “Indemnification Agreement”) with the Company. The Indemnification Agreement provides for the mandatory advancement and reimbursement of reasonable expenses (subject to limited exceptions) incurred by Mr. Schuyler in various legal proceedings in which he may be involved by reason of his service as director, as permitted by Virginia law and the Company’s Second Amended and Restated Articles of Incorporation. The Company has not entered into any other material contract, plan or arrangement with Mr. Schuyler. There are no material arrangements or understandings between Mr. Schuyler and any other person pursuant to which Mr. Schuyler was appointed to serve as a director that are not described above.