ONE Gas extends forward sale agreements to Dec 2025; issues 3.16M common shares

ONE Gas, Inc.

Expects to settle and issue 2,234,000 shares under BofA forward and 926,465 shares under RBC forward on or before Dec 27, 2024.
Amended BofA forward sale agreements to extend maturity from Dec 31, 2024 to Dec 31, 2025.
Forward price reduction schedule updated with $0.66 quarterly reductions from Feb 2025 to Nov 2025.
Amendments executed Dec 27, 2024; all other terms remain unchanged.

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