Crescent Energy Announces Pricing of $250 Million Private Placement of Additional 7.375% Senior Notes Due 2033 Page 1

Crescent Energy Company (NYSE: CRGY) (“we” or “us”) today announced that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”) to eligible purchasers of $250 million aggregate principal amount of 7.375% Senior Notes due 2033 (the “Notes”). The Notes will mature on January 15, 2033 and will bear interest at a rate of 7.375% per annum, payable on January 15 and July 15 of each year, with interest payments on the Notes commencing on January 15, 2025. The Notes were priced at 101% of par value, plus accrued and unpaid interest as of June 14, 2024. The Issuer intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under its revolving credit facility. This offering is expected to close on September 9, 2024, subject to customary closing conditions.

The Notes are being offered as supplemental notes under the indenture dated June 14, 2024, as previously supplemented (the “indenture”), pursuant to which the Issuer previously issued $750 million aggregate principal amount of 7.375% Senior Notes due 2033 (the “Existing Notes”). The Notes will have substantially identical terms, other than issue date and issue price, to the Existing Notes, and the Notes and the Existing Notes will be treated as a single series of securities under the indenture and will vote together as a single class.

The Notes and the related guarantees have not been registered under the Securities Act or any state securities laws, and, unless so registered, the Notes and the guarantees may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any applicable state securities laws. The Issuer intends to offer and sell the Notes only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and to persons outside the United States in reliance on Regulation S under the Securities Act.

This communication does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.