DVN: Leadership change

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Devon Energy Corporation (the “Company” or “Devon”) has announced the following changes to its executive leadership team effective August 20, 2026: ● Tom Hellman is Executive Vice President, Exploration & Production, leading the Anadarko, Eagle Ford, Marcellus and Rockies business units. Mr. Hellman previously served as the Company’s Senior Vice President, New Ventures. ● Robert (Trey) Lowe III is Executive Vice President, Exploration & Production, leading the Permian business unit. Mr. Lowe previously served as the Company’s Executive Vice President and Chief Technology Officer. ● Kevin Smith is Executive Vice President and Chief Technology Officer. Mr. Smith previously served as the Company’s Senior Vice President, Subsurface. John Raines, the former Executive Vice President, Exploration & Production – Permian, and Michael DeShazer, the former Executive Vice President, Exploration & Production – Anadarko, Eagle Ford, Marcellus and Rockies, are leaving the Company as of September 1, 2026. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DEVON ENERGY CORPORATION By: /s/ Adam M. Vela Adam M. Vela Senior Vice President and General Counsel Date: August 20, 2026