Battalion Oil Corporation

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 30, 2026, David Chang notified the Board of Directors (the “Board”) of Battalion Oil Corporation (the “Company”) of his decision to resign from the Board, including from his position as Chairman of the Compensation Committee and as a member of the Reserves Committee, effective March 31, 2026. Mr. Chang stated in his resignation letter that his resignation was not the result of any disagreement with the Company or any of its subsidiaries on any matter relating to their operations, policies, or practices. Effective March 31, 2026, Ajay Jegadeesan tendered his resignation from the Board, including as a member of the Reserves and Nominating & Corporate Governance Committees. In his resignation letter, Mr. Jegadeesan indicated that his decision was not the result of any disagreement with the Company or any of its subsidiaries on any matter relating to their operations, policies, or practices. The Board expressed its appreciation to both Mr. Chang and Mr. Jegadeesan for their service and contributions to the Company. Copies of the resignation letters of Mr. Chang and Mr. Jegadeesan are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K. The Company is currently evaluating multiple highly qualified director candidates who are independent under applicable securities exchange listing standards and SEC rules, with the objective of potentially appointing one or more such individuals to the Board to replace the departing affiliated directors and further enhance the Board’s independence and governance profile. The Board has elected to reduce the size of the Board to four (4) members, and such size may be adjusted from time to time based on future Board appointments, if any.