Expand Energy — Feb 17, 2026 release

A detailed breakdown of fourth quarter production, capital expenditures and activity can be found in the supplemental slides which have been posted at https://investors.expandenergy.com/events-presentations. 2026 Capital and Operating Outlook In 2026, Expand Energy expects to run between 11 and 12 rigs and invest approximately $2.85 billion yielding an estimated daily production of approximately 7.5 Bcfe/d. A detailed breakdown of 2026 annual capital and operating outlook can be found in the supplemental slides. Shareholder Returns Update Expand Energy expects to prioritize debt reduction during 2026 to further strengthen its balance sheet and to create more balance sheet capacity at cycle lows while also returning cash to shareholders through the base dividend and share repurchases. The Company plans to pay its quarterly base dividend of $0.575 per share on March 26, 2026 to shareholders of record at the close of business on March 5, 2026. 2 Conference Call Information A conference call to discuss Expand Energy's fourth quarter and full-year 2025 financial and operating results and 2026 outlook has been scheduled for 9 a.m. EDT on February 18, 2026. Participants can access the live webcast at https://edge.media-server.com/mmc/p/4mfmpmef/. Participants who would like to ask a question, can register at https://register-conf.media-server.com/register/BI9ebe894cc8df4d9889b59805a0322d74, and will receive the dial-in info and a unique PIN to join the call. Links to the conference call will be provided at https://investors