Content Indices

2022 Form 10-K, pages 8-10; Our headquarters are located in Pittsburgh, Pennsylvania. We have operations in the United States of America.

Our annual ESG report is prepared with information and data from January 1, 2022 through December 31, 2022, unless otherwise noted. Our annual Form 10-K financial report is prepared with information during the same timeframe as our ESG report.

Our 2022 ESG Report was published on June 21, 2023.

For questions related to our ESG Report, please contact Cameron Horwitz, Managing Director, Investor Relations and Strategy (412-395-2555; Cameron.Horwitz@eqt.com)

We have restated our historical Scope 1 GHG emissions values (2018 – 2021) and historical GHG emissions intensity values (2018 – 2021) to align the emissions disclosed in our ESG Report with the emissions reported to the EPA under Subpart W, which we believe to be the industry standard practice based on benchmarking we conducted in 2022.

We did not submit our 2022 ESG Report for external assurance; however, we did conduct a self-assessment of the report.

Additionally, in 2022, we partnered with a public accounting firm to complete a pre-assurance evaluation of our 2021 ESG Report and leveraged the results of that evaluation to refine our self-assessment.

Corporate Profile – Markets and Products; 2022 Form 10-K, pages 14-15.

Employees (as of 12/31/22): 740

• Female: 186
• Male: 554
• Pennsylvania: 580
• West Virginia: 100
• Ohio: 8
• Texas: 28
• Other states: 24

Full-time Employees: 738

• Female: 184
• Male: 554
• Pennsylvania: 578
• West Virginia: 100
• Ohio: 8
• Texas: 28
• Other States: 24

Part-time Employees: 2

• Female: 2
• Male: 0
• Pennsylvania: 2

Temporary Employees: 188

Given that we have a significant number of contract workers, and the majority of our contract workers are not hired by EQT directly, but, rather, are employed by third-party service providers hired by EQT, we are unable to provide our exact number of contract workers. However, our records indicate that during 2022 (i) 11,731 unique contract workers checked-in at our well site guard shacks, and (ii) 16,909 contract workers completed our online EHS training module to obtain a security badge to enter our well sites or offices. The number of contract workers that checked-in at a guard shack is lower than the number of contract workers who completed our online EHS training given that not all of our contract workers perform work at our well sites, and, thus, do not have to check-in at a guard shack.

The Corporate Governance Committee of the Board of Directors identifies and recommends to the Board requisite skills and characteristics for individuals qualified to serve as directors. The Corporate Governance Committee identifies potential director candidates through many sources, including third-party search firms and unsolicited shareholder submissions. All our directors annually stand for election by shareholders. For additional information on Board member qualifications, please see the Board of Directors page on our website. For more information on our director nomination and selection process, see pages 12–17 of our 2023 Proxy Statement.

Board of Directors; The Chair of our Board of Directors is independent.

Corporate Governance; Climate Change Strategy – Risk Management; 2023 Proxy Statement, page 22.

Corporate Governance; Climate Change Strategy – Risk Management; 2023 Proxy Statement, page 22.

Corporate Governance

We disclose conflicts of interest to stakeholders as required by law. Our Code of Business Conduct and Ethics outlines our policy to avoid conflicts of interest. We also have an internal Conflicts of Interest Policy. The majority of our directors are independent, and our Corporate Governance Committee monitors related-person transactions. For more information, see pages 28–33 of our 2023 Proxy Statement.

To achieve sustainable performance for shareholders, employees, landowners, customers, and communities, the Board is committed to overseeing EQT with integrity, accountability, and transparency. The Board welcomes input on how it is doing and provides stakeholders with multiple ways to communicate with our governing body.

The Chair of the Board is a key point of contact on the Board for concerns or inquiries. Avenues for contacting the Chair or other members of the Board include:

• Communicating directly with the Board (and with independent directors, individually or as a group) by sending an email to independentchair@eqt.com or by traditional written correspondence, directed to our Corporate Secretary, sent to the following address:

EQT Corporation
c/o Corporate Secretary
625 Liberty Avenue
Suite 1700
Pittsburgh, Pennsylvania 15222

• Communications sent to our Corporate Secretary are reviewed by the Corporate Secretary, or an appropriate individual on their staff, and such communications are promptly delivered to the appropriate director or directors unless the communications are junk mail or mass mailings.
• Communications may be made anonymously or confidentially.

While we do not maintain a record of concerns communicated to the Board, we have conducted a formal shareholder engagement program since 2010 and we maintain active dialogue with our shareholders year-round. Through our investor relations program, senior executives hold meetings with our investors or potential investors to discuss operations, strategy, and other critical items as outlined on page 9 of our 2023 Proxy Statement. During 2022, our team had over 550 interactions with our shareholders, including meetings with over 200 individual firms covering 55% of our shareholder base. Our Chief Executive Officer or Chief Financial Officer participated in over 60% of these interactions with shareholders during 2022. Our management team uses our annual ESG Report to help guide conversations with investors regarding economic, environmental, and social topics. When investors pose specific questions, our management team schedules calls or meetings to address their inquiries accordingly.

As described in Stakeholder Engagement and Materiality, the Board values and regularly considers the input and feedback of all stakeholders in its oversight of our sustainability efforts.

Upon election, our directors participate in an initial orientation to Board service and routinely receive information from management, including presentations at Board meetings and interim updates between meetings, to inform them about company business –including information related to economic, environmental, and social topics. In 2022, the Board held five regular meetings and 10 special meetings.

We also encourage our directors to participate in outside educational programs for which we fund or reimburse our directors’ participation.

The Board and its Committees use performance assessments to evaluate how well they are fulfilling their governance responsibilities. The Board and its Committees conduct annual self-assessments and each director — in a discussion with the Chair of the Board — provides feedback on individual director performance. Although the Board does not publicly disclose any actions taken in response to its annual self-assessments, it takes the assessment process seriously and responds appropriately to the results to improve overall governance performance.

Corporate Governance; Our independent director compensation — including descriptions of cash, equity-based, and other compensation — and related processes are outlined on pages 34–37 of our 2023 Proxy Statement.

We also have compensation recoupment, or a “clawback,” policy applicable to current and former executive officers if we are required to prepare an accounting restatement due to material noncompliance with any financial reporting mandate under U.S. securities laws. The policy authorizes us to recoup certain compensation from covered executives who received equity or non-equity incentive compensation.

Corporate Governance; Annually, the Corporate Governance Committee reviews, and the entire Board approves, the compensation of our executive officers.

The Management Development and Compensation Committee of the Board establishes the target total direct compensation for executive officers by establishing base salaries, setting long-term and annual incentive targets, and approving perquisites. The Management Development and Compensation Committee approves annual and long-term incentive programs on a yearly basis with recommendations from management and an independent compensation consultant. For more information regarding our executive compensation process, see pages 45-49 of our 2023 Proxy Statement; additionally, pages 50–83 describe our executive compensation program and performance.

The Management Development and Compensation Committee considers investor feedback during the design of our long-term incentive programs. At our 2022 annual meeting of shareholders, 98.8% of votes cast approved the “Say-on-Pay” proposal, approving the compensation of our named executive officers.

See page 83 of our 2023 Proxy Statement.

Our Chief Executive Officer’s annual total compensation ratio was 95:1 in 2022. Our Chief Executive Officer’s total annual compensation was $11,600,737 in 2022 and the annual total compensation of the median employee of EQT was $121,492 in 2022, as calculated pursuant to Securities and Exchange Commission rules.

Letter from Our Chief Executive Officer

Ethics and Integrity; We operate exclusively within the United States, and predominately within three states — Pennsylvania, West Virginia, and Ohio. All our employees speak English, and English is the primary language spoken by the population where we operate. Accordingly, our Code of Business Conduct and Ethics is only made available in English.

Ethics and Integrity

Economic and Societal Impact — Addressing Complaints; Ethics and Integrity — Communicating Concerns

Ethics and Integrity; Ethics HelpLine +1 (800) 242-3109

Public Policy and Perception — Corporate Memberships

Stakeholder Engagement and Materiality; Corporate Governance

None of our employees are covered by collective bargaining agreements.

Stakeholder Engagement and Materiality

Stakeholder Engagement and Materiality; In 2022, we conducted a refreshed strategic materiality assessment to analyze the environmental, social, and governance topics most impactful to our operations, internal and external stakeholders, and corporate strategy. As such, the list of our material topics has changed since our 2021 ESG Report.