Excelerate Energy, Inc.

QUARTERLY CASH DIVIDEND UPDATE On July 30, 2026, Excelerate’s Board of Directors approved a quarterly cash dividend equal to $0.09 per share, or $0.36 per share on an annualized basis, of Class A common stock, representing an approximately 13 percent increase from the prior quarter.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

The dividend is payable on September 3, 2026, to Class A common stockholders of record as of the close of business on August 19, 2026.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

The dividend increase is consistent with Excelerate’s previously announced target of a low double-digit annual dividend growth rate commencing in 2026 and continuing through 2028.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding: the advancement and expected timing of our development of Iraq’s first LNG import terminal; our future results of operations or financial condition, including our 2026 outlook, business strategy and plans, including our first FSRU conversion project; economic conditions, both generally and in particular in the regions in which we operate or plan to operate; objectives of management for future operations, our share repurchase program, and projections regarding annual results, are forward-looking statements.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

Liquidity and capital resources As of June 30, 2026, Excelerate had $342.4 million in unrestricted cash and cash equivalents and the Company had no letters of credit under its revolving credit facility.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

All of the $500 million of capacity under the revolving credit facility was available for borrowings as of June 30, 2026.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

We continued to demonstrate our ability to adapt to changing market conditions while advancing our strategic priorities, said Steven Kobos, President and CEO of Excelerate Energy.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

We remain committed to our strategy to drive meaningful value creation for our shareholders.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

The acquisition represents an important milestone as Excelerate advances engineering, commercial development and project planning activities associated with the conversion initiative.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

Site clearance and dredging activities continue in preparation for construction, and materials required for the terminal have been staged globally and are being mobilized based on construction priorities.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding: the advancement and expected timing of our development of Iraq’s first LNG import terminal; our future results of operations or financial condition, including our 2026 outlook, business strategy and plans, including our first FSRU conversion project; economic conditions, both generally and in particular in the regions in which we operate or plan to operate; objectives of management for future operations, our share repurchase program, and projections regarding annual results, are forward-looking statements.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

For example, the current global economic uncertainty and geopolitical climate, including trade and tariff developments, wars and conflicts, and world or regional health events, including pandemics and epidemics and governmental and third-party responses thereto, may give rise to risks that are currently unknown or amplify the risks associated with many of the foregoing events or factors.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

These risks and uncertainties are described more fully in our other filings with the SEC, including our most recent Annual Report on Form 10-K.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

All forward-looking statements are based on assumptions or judgments about future events that may or may not be correct or necessarily take place and that are by their nature subject to significant uncertainties and contingencies, many of which are outside the control of Excelerate.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this press release.

SEC original ↗Excelerate Energy, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2026

Legal Proceedings 41 Item 1A.

SEC original ↗Excelerate Energy, Inc. — 10-Q Quarterly report10-QAug 6, 2026

( Excelerate and together with its subsidiaries, we, us, our or the Company ) and our industry that involve substantial risks and uncertainties.

SEC original ↗Excelerate Energy, Inc. — 10-Q Quarterly report10-QAug 6, 2026