Excelerate Energy prices follow-on offering of 6.96M shares at $26.50, expects ~$175.5M net proceeds

Excelerate Energy, Inc.

Public offering of 6,956,522 shares of Class A common stock at $26.50 per share.
Underwriters (Barclays, Morgan Stanley) purchase at $25.308/share; 30-day option for 1,043,478 more shares.
Net proceeds after discounts and expenses expected to be approximately $175.5 million.
Offering expected to close on April 2, 2025; executives/directors subject to 60-day lock-up.

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