Southwestern Energy Announces Pricing of Block Trade of 63,976,376 Shares of Common Stock by Selling Stockholders

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Dec 13, 2021

Southwestern Energy Company (“Southwestern Energy”) (NYSE: SWN) today announced the pricing of the previously announced underwritten block trade of 63,976,376 shares of its common stock (the “Common Stock”) by certain shareholders who received their shares as part of Southwestern Energy’s acquisition of Indigo Natural Resources LLC (the “Selling Stockholders”) resulting in total gross proceeds to the Selling Stockholders of approximately $328.2 million (the “Offering”). Southwestern Energy will not sell any shares of its Common Stock in the Offering and will not receive any proceeds from the sale by the Selling Stockholders of shares of their Common Stock. The Offering is expected to close on December 15, 2021, subject to customary closing conditions.