Expand Energy — Jul 29, 2025 release

“We are delivering more for less, outperforming every expectation set when we announced our merger, including an approximate 50% increase to run-rate synergies. Importantly, our outperformance is repeatable, achieving approximately 30% more free cash flow in 2025 and approximately 20% more in 2026 compared to our expectations at the beginning of the year. This significant improvement further demonstrates how our culture of continuous improvement creates value for our shareholders.” 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 second quarter, drilling 49 wells and turning 59 wells in line, resulting in net production of approximately 7.20 Bcfe per day (92% natural gas). A detailed breakdown of second quarter production, capital expenditures and activity can be found in supplemental slides which have been posted at https://investors.expandenergy.com/events-presentations. 2025 Annual Synergy, Capital and Operating Outlook Given the significant operational efficiency gains recognized through our integration efforts, Expand Energy is on track to capture approximately $500 million in annual synergies in 2025. The Company anticipates ultimately achieving $600 million in annual sy