Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE:EE) announced today that its Board of Directors has declared a quarterly cash dividend, with respect to the quarter ended June 30, 2025, of $0.08 per share of Class A common stock, representing an approximately 33% increase from the prior quarter. The dividend is payable on September 4, 2025, to Class A common stockholders of record as of the close of business on August 20, 2025.

Excelerate Energy Limited Partnership, the Company's operating subsidiary, will make a corresponding distribution of $0.08 per interest to holders of its Class B limited partnership interests on the same date of the dividend payment.

The dividend increase follows the Company's acquisition of the integrated LNG and power platform in Jamaica, which expanded its global footprint and strengthened its base of contracted, recurring cash flows. While growth continues to be Excelerate's top capital allocation priority, the Company remains committed to returning capital to shareholders. With even greater confidence in its forward cash flow outlook following the Jamaica acquisition, Excelerate is now targeting a low double-digit annual dividend growth rate commencing in 2026 and continuing through 2028.

"Raising the dividend is a direct reflection of our enhanced cash flow profile and the strategic benefits of the Jamaica acquisition. We now have a stronger, more resilient platform, and we're committed to translating that strength into consistent, long-term returns for our shareholders," said Dana Armstrong, Executive Vice President and Chief Financial Officer of Excelerate.

The declaration, timing, amount, and payment of future dividends remains at the discretion of the Company's Board of Directors.

ABOUT EXCELERATE ENERGY

Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG-to-power value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. The Company offers a full range of flexible regasification services from floating LNG terminals to infrastructure development to LNG supply and power generation. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, London, Rio de Janeiro, Singapore, and Washington, DC. For more information, please visit www.excelerateenergy.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding Excelerate's future results of operations or financial condition, business strategy and plans, expansion plans and strategy, economic conditions, objectives of management for future operations, the ongoing integration of our recent acquisition in Jamaica, our ability to realize the anticipated benefits of such acquisition; and the declaration and payment of dividends, including the targeted growth, timing and amounts thereof, are forward-looking statements. 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 risks, uncertainties and contingencies, including, but not limited to, our ability to successfully complete the integration of the recent acquisition in Jamaica and the risk factors that Excelerate identifies in its Securities and Exchange Commission filings, many of which are outside Excelerate's control. The results, events, and circumstances reflected in the forward-looking statements may not be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Excelerate undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

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Excelerate Energy Announces Quarterly Dividend Increase