KOSMOS ENERGY LTD. CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (In thousands) Accumulated Additional other Common Shares Paid-in Accumulated Comprehensive Treasury Shares Amount Capital Deficit Income Stock Total Balance as of December 31, 2014 . . . . . . . . . . . 392,443 $3,924 $1,860,190 $ (494,850) $ 767 $(31,072) $1,338,959 Equity-based compensation . . . . . . . . . . . . . . . — — 75,267 — — — 75,267 Derivatives, net . . . . . . . . . . . . . . . . . . . . . . — — — — (767) — (767) Restricted stock awards and units . . . . . . . . . . . 1,460 15 (15) — — — — Restricted stock forfeitures . . . . . . . . . . . . . . . — — 16 — — (16) — Purchase of treasury stock . . . . . . . . . . . . . . . — — (2,269) — — (15,841) (18,110) Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — (69,836) — — (69,836) Balance as of December 31, 2015 . . . . . . . . . . . 393,903 3,939 1,933,189 (564,686) — (46,929) 1,325,513 Equity-based compensation . . . . . . . . . . . . . . . — — 43,391 (1,944) — — 41,447 Restricted stock awards and units . . . . . . . . . . . 1,956 20 (20) — — — — Restricted stock forfeitures . . . . . . . . . . . . . . . — — 2 — — (2) — Purchase of treasury stock . . . . . . . . . . . . . . . — — (1,315) — — (666) (1,981) Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — (283,780) — — (283,780) Balance as of December 31, 2016 . . . . . . . . . . . 395,859 3,959 1,975,247 (850,410) — (47,597) 1,081,199 Equity-based compensation . . . . . . . . . . . . . . . — — 40,899 — — — 40,899 Restricted stock awards and units . . . . . . . . . . . 2,740 27 (27) — — — — Purchase of treasury stock . . . . . . . . . . . . . . . — — (1,594) — — (600) (2,194) Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — (222,792) — — (222,792) Balance as of December 31, 2017 . . . . . . . . . . . 398,599 $3,986 $2,014,525 $(1,073,202) $ — $(48,197) $ 897,112 See accompanying notes. 110