CNX Resources Corporation announced that it has commenced a cash tender offer to purchase any and all of its outstanding 7.250% Senior Notes due 2027. Title of Security: 7.250% Senior Notes due 2027. Principal Amount Outstanding: $350,000,000.

U.S. Treasury Reference Security: 0.250% U.S.Treasury due March 15, 2024. The Purchase Price for each $1,000 principal amount of the Notes validly tendered, and not validly withdrawn, and accepted for purchase pursuant to the Tender Offer will be determined in the manner described in the Offer to Purchase by reference to the fixed spread specified above plus the yield based on the bid-side price of the U.S. Treasury Reference Security specified above, as quoted on the Bloomberg Bond Trader FIT3 series of pages, at 2:00 p.m.New York City time, on February 16, 2024, the date on which the Tender Offer is currently scheduled to expire. The Purchase Price will be based on a yield to March 14, 2024, the date of the next specified redemption price reduction under the indenture governing the Notes, and assuming the Notes are redeemed on March 14, 2024, at the specified redemption price for such date of 101.813% of the principal amount, in the Offer to Purchase.

In addition to the Purchase Price, holders whose Notes are purchased pursuant to the Tender Offer will also receive accrued and unpaid interest thereon from the last interest payment date up to, but not including, the initial date on which CNX makes payment for such Notes, which date is currently expected to be February 23, 2024, assuming that the Tender Offer is not extended or earlier terminated. The Tender Offer will expire at 5:00 p.m. New York City Time on February 16, 2024, unless extended or earlier terminated. Tendered Notes may be withdrawn at any time before the Expiration Time.

Holders of Notes must validly tender and not validly withdraw their Notes before the Expiration Time to be eligible to receive the Purchase Price for their Notes. The Tender Offer is conditioned upon the satisfaction of certain conditions, including the completion of a contemporaneous notes offering by CNX on terms and conditions satisfactory to CNX. The Tender Offer is not conditioned upon any minimum amount of Notes being tendered and the Tender Offer may be amended, extended, terminated or withdrawn, subject to applicable law.