Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 4, 2025, John Krenicki Jr. informed the Board of Directors (the “ Board”) of Devon Energy Corporation (“ Devon”) of his decision to retire from the Board at the end of his current term and not stand for re-electionas a director at Devon’s 2025 annual meeting of stockholders (the “ Annual Meeting”). Mr. Krenicki’s current term is scheduled to expire in conjunction with the Annual Meeting. Mr. Krenicki’s decision to retire and not stand for re-electionis not as a result of any disagreement with Devon. 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/ Christopher J. Kirt Christopher J. Kirt Vice President Corporate Governance and Secretary Date: March 5, 2025