On July 20, 2017, the Board of Directors (the "Board") of QEP Resources, Inc. (the "Company") appointed Mary Shafer-Malicki as a director, effective July 24, 2017. Ms. Shafer-Malicki will serve as an independent director and will stand for re-election at the 2018 Annual Meeting of Shareholders. Ms. Shafer-Malicki has been named to the Audit Committee and Governance Committee of the Board.

There are no arrangements or understandings between Ms. Shafer-Malicki and any other person to which she was selected to be a director and no related person transactions regarding Ms. Shafer-Malicki that require disclosure.

Ms.Shafer-Malicki’s compensation as a member of the Board will be consistent with the compensation of other non-employee members of the Board, which is described on page45 of the Company’s Schedule 14A definitive proxy statement filed on March 31, 2017, except that Ms. Shafer-Malicki’s 2017 compensation will be prorated for the term of her service. Ms.Shafer-Malicki and the Company will enter into the Company’s standard director and officer indemnification agreement. The indemnification agreement requires the Company to indemnify Ms.Shafer-Malicki to the fullest extent permitted under Delaware law against liability that may arise by reason of her service to the Company and to advance expenses incurred as a result of any proceeding against her as to which she may be indemnified. The indemnification agreement also provides procedures for the determination of her right to receive indemnification and the advancement of expenses.

About QEP RESOURCES, INC. (NYSE:QEP)

QEP Resources, Inc. (QEP) is a holding company with two subsidiaries, QEP Energy Company and QEP Marketing Company, which are engaged in two primary lines of business: oil and gas exploration and production (QEP Energy), and oil and gas marketing, operation of a gas gathering system and an underground gas storage facility, and corporate activities (QEP Marketing and Other). The Company operates through QEP Energy segment. QEP Energy Company conducts exploration and production (E&P) activities in several of North America’s hydrocarbon resource plays. The Company’s operations are focused in two geographic regions: the Northern Region (primarily in Wyoming, North Dakota and Utah) and the Southern Region (primarily in Texas and Louisiana) of the United States. The Company’s properties in its Northern Region include Pinedale, Williston Basin, Uinta Basin and Other Northern properties. Its Southern Region includes various properties, such as Permian Basin and Midcontinent operations.