Excelerate Energy (EE) Barclays 38th Annual CEO Energy-Power Conference summary

LNG market outlook and fundamentals

• LNG is seen as an affordable, competitive energy source globally, with significant new supply expected from major projects like the Qatari North Field Expansion and US Gulf, supporting market expansion and new market entry.

• The company positions itself as a unique infrastructure-focused player, enabling access to LNG through flexible, virtual pipelines and downstream market development.

• Current and intermediate LNG prices are considered affordable, supporting the commodity's competitiveness against coal in emerging markets.

Contract portfolio and earnings stability

• Holds $4 billion in contracted future revenues with an average contract length exceeding seven years, providing stable and predictable earnings.

• Base business generates 98% of $330 million in EBITDA, forming a reliable foundation for growth and investment.

Strategic growth pillars and asset optimization

• Growth strategy centers on three pillars: optimizing the base business, expanding LNG import/regasification terminals, and investing in downstream assets to drive demand.

• LNG portfolio has grown to 1.7 million tons, with notable back-to-back supply deals, enhancing infrastructure returns.

• Geographic and supply diversification is prioritized, with projects and LNG sources balanced between Atlantic and Pacific basins.