Expand Energy — Apr 29, 2025 release

• Net cash provided by operating activities of $1,096 million • Net loss of $249 million, or $1.06 per fully diluted share; adjusted net income (1) of $487 million, or $2.02 per share • Adjusted EBITDAX (1) of $1,395 million • Produced approximately 6.79 Bcfe/d net (92% natural gas) • Added to the S&P 500, effective March 24, 2025 • Upgraded to Investment Grade credit rating by Moody's (Baa3); achieved uniform Investment Grade rating from all rating agencies • Quarterly base dividend of $0.575 per common share to be paid in June 2025, 17th straight quarter of paying a dividend • On track to capture approximately $400 million in 2025 synergies, with the total target of $500 million in annual synergies expected to be achieved by year end 2026 (1) Definitions of non-GAAP financial measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure are included at the end of this news release. “Overcoming market volatility requires a resilient financial foundation, a deep market-connected portfolio, and low cost, efficient operations, all hallmarks of our strategy" said Nick Dell'Osso, Expand Energy's President and Chief Executive Officer. "We continue to execute our business, utilizing our productive capacity to navigate today's dynamic macro environment and be prepared to efficiently respond as market conditions change.” INVESTOR CONTACT: MEDIA CONTACT: EXPAND ENERGY CORPORATION Chris Ayres (405) 935-8870 ir@expandenergy.com Brooke Coe (405) 935-8878 media@expandenergy.com 6100 North Western Avenue P.O. Box 18496 Oklahoma City, OK 73154 Operations Update Expand Energy operated an average of 11 rigs during the first quarter, drilling 46 wells and turning 89 wells in line, resulting in net production of approximately 6.79 Bcfe per day (92% natural gas). A detailed breakdown of first quarter production, capital