February 4, 2021

BSE Limited National Stock Exchange of Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, Dalal Street, G Block, Bandra – Kurla Complex, 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 500325 / 890147 Trading Symbol: RELIANCE / RELIANCE PP

Dear Sirs,

Sub: Media Release

Please find attached a media release by the Company, titled “RELIANCE MARCELLUS LLC SIGNS AGREEMENT FOR THE SALE OF ITS ASSETS IN THE MARCELLUS SHALE PLAY OF SOUTH-WESTERN PENNSYLVANIA”.

This is for your information and dissemination on your website.

Thanking you,

Yours faithfully, For Reliance Industries Limited

Savithri Parekh Joint Company Secretary & Compliance Officer

Copy to: The Luxembourg Stock Exchange Singapore Stock Exchange Societe de la Bourse de Luxembourg 2 Shenton Way, 35A boulevard Joseph II #19- 00 SGX Centre 1, B P 165, L-2011 Luxembourg Singapore 068804

Regd. Office: 3rd Floor, Maker Chambers IV, 222, , Mumbai- 400 021, India Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: [email protected], Website: www.ril.com CIN- L17110MH1973PLC019786

RELIANCE MARCELLUS LLC SIGNS AGREEMENT FOR THE SALE OF ITS ASSETS IN THE MARCELLUS SHALE PLAY OF SOUTH-WESTERN PENNSYLVANIA

MUMBAI, February 04, 2021: Reliance Marcellus, LLC (“RMLLC”) a wholly owned subsidiary of Reliance Industries Limited (“RIL”), announced the signing of agreements to divest all of its interest in certain upstream assets in the Marcellus shale play of south-western Pennsylvania. These assets, which are currently operated by various affiliates of EQT Corporation (“EQT”), have been agreed to be sold to Northern Oil and Gas, Inc (“NOG”), a Delaware corporation, for a consideration of $250 million cash and warrants that give entitlement to purchase 3.25 million common shares of NOG at an exercise price of $14.00 per common share in next seven years. A Purchase and Sale Agreement (“PSA”) has been signed between RMLLC and NOG on February 3, 2021 for this sale and the transaction is subject to customary terms and conditions of closing

Citigroup Global Markets, Inc. acted as financial advisor to Reliance and Gibson, Dunn & Crutcher LLP served as its legal counsel.

Reliance Industries Limited (RIL): RIL is India’s largest private sector company, with a consolidated turnover of ₹ 659,205 crore ($87.1 billion), cash profit of ₹ 71,446 crore ($9.4 billion), and net profit of ₹ 39,880 crore ($5.3 billion) for the year ended March 31, 2020.

RIL’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services. RIL is the top-most ranked company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Companies’ – currently ranking 96th. The company stands 71st in the ‘Forbes Global 2000’ rankings for 2019 – top-most among Indian companies. It ranks 10th among LinkedIn’s ‘The Best Companies to Work For In India’ (2019).

Key Contact: Tushar Pania Reliance Industries Ltd. + 91 9820088536 [email protected]

Registered Office: Corporate Communications Telephone : (+91 22) 2278 5000 Maker Chambers IV Maker Chambers IVTelefax : (+91 22) 2278 5185 3rd Floor, 222, Nariman Point 9th Floor, Nariman Point Internet : www.ril.com Mumbai 400 021, India Mumbai 400 021, India CIN: L17110MH1973PLC019786

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