Expand Energy reported strong third-quarter results, achieving significant operational efficiency and accelerating synergies post-merger, which positioned the company ahead of initial expectations.

• Reduced well costs by over 25% and achieved productivity that exceeds the basin average by approximately 40%.
• Eliminated $1.2 billion in gross debt and returned nearly $850 million to shareholders since merger completion.
• Optimized development strategy allows for a projected increase of 50 million cubic feet per day in production at $150 million less in spending for 2025.
• Secured a long-term supply agreement for lower carbon gas with Lake Charles Methanol, emphasizing premium pricing and strategic market connectivity.
• Positioned to leverage diverse assets and favorable market conditions to meet growing natural gas demand, expected to grow by 20% by the end of the decade.