EQT Corporation announced that, following certification of the voting results at the Company's annual meeting by the independent inspector of elections, shareholders have elected all seven Rice Team-nominated directors as well as the five nominees supported by both EQT and the Rice Team. All 12 elected directors received more than 80% of the votes cast at the Annual Meeting. EQT's Board is now comprised of Lydia Beebe, Dr. Philip Behrman, Lee Canaan, Janet Carrig, Dr. Kathryn Jackson, John McCartney, James McManus II, Anita Powers, Daniel Rice IV, Toby Rice, Stephen Thorington, and Hallie Vanderhider.

The new EQT Board has met and unanimously approved the following Board actions. The Board elected John McCartney Chairman of the Board and reconstituted its committees. The Board also appointed Toby Z. Rice President and Chief Executive Officer.

Mr. Rice succeeds Robert McNally, who has left the Company. In addition, William E. Jordan has been named Executive Vice President and General Counsel. Mr. Jordan succeeds Jonathan Lushko, who has left the Company.

As part of the transformation process, the Board has created an Evolution Committee, which will be chaired by Toby Rice and will include Daniel Rice IV, Derek Rice, Kyle Derham, Will Jordan and members of EQT's leadership team. The Evolution Committee is dedicated to executing a smooth but expeditious transition to reconstruct the Company's organization, technology, and operations. John McCartney is a professional director who has served on the Board of Directors of Huron Consulting Group since 2004 and as its non-executive Chairman since 2010.

Mr. McCartney has also served on the Board of Directors of Datatec Limited since 2007, and currently serves as Chairman of the Remuneration Committee. In addition, he has served as a Director of Transco Inc. since 2011. Previously, he served as a Director of Rice Energy from 2015 until its acquisition by EQT in 2017.

Mr. McCartney also served on the Board of Directors of Westcon Group Inc. from 1998 to 2017, serving as chairman from 2011 to 2013 and from 2001 to 2009.