Q4 2021 Update January 27, 2022 Q4 2021 Highlights "CNX executed yet another strong, clean quarter," commented Nick Deiuliis, president and CEO. "Since Q3 2020 we have allocated approximately 50% of our free cash flow to buy back $302 million(2) of shares, or 10% of the shares outstanding, at an average price of $12.78, which we believe is a substantial discount to intrinsic value. The remaining free cash flow has gone to debt management: reducing net debt and extending maturities and revolver liquidity." ▪ ...