Q3 2026 Update October 29, 2026 ~PAGE-BREAK~ 2 Q3 2026 Highlights "Q3 2026 marks our 27th consecutive quarter of free cash flow generation, highlighting our Sustainable Business Model and consistent execution that is the cornerstone of growing our long-term per share value," commented Alan Shepard, President and CEO. During the quarter, we continued to opportunistically repurchase a significant number of shares, and since the inception of the buyback program in 2020, we have retired approximately 36% of our shares outstanding." • Q3 2026 free cash flow (FCF) of $125 million, our 27 consecutive quarter of positive FCF generation ‒ 2026 FCF guidance increased to approximately $550 million • Repurchased 5.2 million shares on the open market in Q3 at an average price of $34.35 per share for a total cost of $180 million ‒Over the last 24 quarters, CNX repurchased approximately 111.0 million shares at an average price of $21.08 for a total cost of $2.3 billion Note: Financial metrics based on company filings and estimates. Share price as of 10/14/2026.(1)Non-GAAP measures. For definitions and reconciliations, see "3Q 2026 Earnings Results & Supplemental Information of CNX Resources" on Investor on the company’s website and page 8 herein.(2)Assumes 2026 expected free cash is used to reduce net debt. Q3 2026 RESULTS SNAPSHOT AND 2026E $125MM Q3 Free Cash Flow 11% 2026E Free Cash Flow Yield 62% Q3 2026 Cash Operating Margin 63% 2026E Cash Operating Margin 1.8x TTM Leverage Ratio 1.7x 2026E Leverage Ratio $1.10 per Mcfe Q3 2026 Fully Burdened Cash Costs, before DD&A ~$1.15 per Mcfe 2026E Fully Burdened Cash Costs, before DD&A ~PAGE-BREAK~ 3 $129 $21 $121 $85 $101 $117 $130 $158 $234 $62 $135 $276 $89 $135 $19 $62 $25 $47 $60 $199 $100 $188 $226 $132 $139 $138 $125 $0 $100 $200 $300 $400 $500 $600 $ in millions FCF (Actual) FCF Guidance CNX Has Generated ~$3.3 Billion in Free Cash Flow(1) Since Q1 2020 Note: Financial metrics based on company filings and estimates. Forward market prices for 2026 FCF guidance as of 10/14/2026.(1)Non-GAAP measures. For definitions and reconciliations, see "3Q 2026 Earnings Results & Supplemental Information of CNX Resources" on Investor on the company’s website and page 8 herein. Free Cash Flow (FCF)(1) ~$550 27 consecutive quarters of generating positive FCF, used to return capital to shareholders and reduce debt ~PAGE-BREAK~ 4 $2,545 ($45) ($208) ($107) $29 ($103) $297 ($133) $2,275 4Q20 2021 2022 2023 2024 2025 2026 YTD $ in millions Changes in Adjusted Net Debt Since Q3 2020(2) 224.5 (3.6) (18.7) (33.4) (17.7) (7.4) (7.3) (0.8) S/O 3Q20 4Q20 2021 2022 2023 2024 2025 2026 YTD S/O 10/14/2026 Shares (Millions) Shares Repurchased Since Q3 2020 Balance Sheet and Hedge Book Drive Capacity to Retire Shares and Reduce Debt Note: Financial metrics based on company filings and estimates. (1) Includes approximately 1.1 million shares bought back from 10/1/2026 through 10/14/2026, offset by approximately 22.1 million shares issued to settle CNX’s Convertible Notes, and 7.2 million shares issued since Q4 2020 related to equity compensation. (2)Non-GAAP measures. For definitions and reconciliations, see "3Q 2026 Earnings Results & Supplemental Information of CNX Resources" on Investor on the company’s website and page 8 herein. CNX has repurchased 111.0 million shares for $2.3 billion(1) since Q3 2020 at an average price of $21.08 CNX has reduced adjusted net debt(2) by $270 million since Q3 2020 Net of 9.5MM shares issued as part of convertible note exchange agreement 142.9 3Q20 Adj. Net Debt 3Q26 Adj. Net Debt Increased from ~$518MM Apex Energy acquisition Net of 12.6MM shares issued to settle remaining convertible notes ~PAGE-BREAK~ 5 $0 $400 $500 $600 $500 $300 $1,700 6.54%6.26% 6.62% 6.81% 0% 1% 2% 3% 4% 5% 6% 7% $0 $500 $1,000 $1,500 $2,000 $2,500 2026 2027 2028 2029 2030 2031 2032 2033 2034 $ in millions CNX/CNXM Sr. NotesCNX/ CNXM Revolvers Undrawn Revolver Capacity Current Yield Balance Sheet and Liquidity Strength Maturities as of September 30, 2026 1) Significant ~$1.7 billion in liquidity under credit facilities – combined elected commitments of $2.0 billion Undrawn Revolver Capacity 4.2% Significant runway before nearest bond maturity Source: Company filings.(1)Excludes letters of credit. Current yield-to-worst (YTW) as of 10/14/2026. Weighted average senior unsecured debt maturities of 5.25 years as of Q3 2026 ~PAGE-BREAK~