Third Quarter 2025 Earnings Release 2 Steadily Increasing Fixed Dividend $0.10 $0.20 $0.40 $0.60 $0.80 $1.25 $1.50 Q1 2021 Q4 2021 Q3 2022 Q1 2023 Q4 2023 Q1 2025 Q4 2025 October 21, 2025 Investor Relations Contact and Disclosure Statements Investor Relations Contact Mac Schmitz Senior Vice President – Investor Relations Phone: (972) 371-5225 E-mail: investors@matadorresources.com Safe Harbor Statement – This presentation and statements made by representatives of Matador Resources Company ("Matador" or the ...

THIRD QUARTER 2025 CONFERENCE CALL October 22, 2025 CAUTION REGARDING FORWARD-LOOKING STATEMENTS Both these slides and the accompanying oral presentation contain certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words ...

Financial Performance - The company reported net sales of $2.2 billion[16] - Adjusted EPS (non-GAAP) was $2.37, a 2% increase year-over-year[13, 16] - Strong adjusted free cash flow (FCF) of $269 million was generated[15, 16] - The adjusted EBITDA margin was 16.5%, up 10 bps[17] - The company returned $167 million to shareholders through share repurchases and dividends[16] Segment Performance - Materials Group reported sales increased 1.2% to $1.5 billion[27] but sales down 1.9% organically[27] - Solutions Group reported sales increased 2.0% to $700 million[30] and sales up 3.6% organically[30] - High-value categories delivered sales of approximately $1.0 billion, with low single-digit (LSD) organic growth[18] - Base categories delivered sales of approximately $1.2 billion, with low single-digit (LSD) organic decline[18] Outlook and Strategy - The company expects Q4 adjusted EPS to be between $2.35 and $2.45[14] - Full-year reported sales growth is projected at 5-7%, including a ~2% tailwind from currency translation and ~2% impact from extra days[45] - The company completed the acquisition of Taylor Adhesives for $390 million[15]

INVESTOR CALL 3Q 2025 October 22, 2025, 10:00am ET Webcast: www.smartbank.com (Investor Relations) Audio Only: 1-833-470-1428 Access Code: 241226 Miller Welborn Chairman of the Board Billy Carroll President & CEO Ron Gorczynski CFO 1 DISCLOSURES Forward-Looking Statements This presentation may contain statements that are based on management's current estimates or expectations of future events or future results, and that may be deemed to constitute forward-looking statements as defined under the Private Secu ...

Analyst Day October 22, 2025 A6A6A6 F5F4F1 F2F8FD 1F75B5 272727 FFC734 BUILDING CONNECTED COMMUNITIES Forward-Looking Statements Certain statements contained herein that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Securities Exchange Act of 1934. These statements may be identified by the use of words such as "seek" "continue," "estimate," "predict," "potential," "targeting," "could," " ...

Financial Performance - Earnings per share (EPS) reached $1.16[7] - Total core revenues amounted to $184 million[7], showing an increase from $182 million in the previous quarter (2Q25)[15] - Net Interest Margin (NIM) stood at 5.24%[7] - Return on Average Assets (ROAA) was 1.69%[20] - Return on Average Tangible Common Equity (ROATCE) was 16.39%[21] Balance Sheet & Capital Strength - Total assets reached $12.2 billion[7] - Customer deposits totaled $9.8 billion[7] - Loans held for investment were $8.1 billion[7] - New loan production reached $623.9 million[7] - The Common Equity Tier 1 (CET1) ratio was 14.13%[7] - Stock buyback involved 477,641 common shares[7]

Financial Performance & Growth - Lithia & Driveway (LAD) achieved a 10-year Revenue Compound Annual Growth Rate (CAGR) of 16%[10, 14] - LAD's Adjusted Earnings Per Share (EPS) increased by 494% from 2015 to YTD 2025[10] - Revenue per share grew by 507% from 2015 to YTD 2025[10] - Total Shareholder Return increased by 273% from 2015 to YTD 2025[12] - The company aims for $2 EPS per $1 billion of Revenue[15] Strategic Goals & Market Position - LAD targets 100% national coverage[11] - The company operates within a $3 trillion+ market[14, 21] - LAD's platform provides access to a 70% larger market than traditional franchise auto dealers[22] - Driveway Finance Corporation (DFC) portfolio size is projected to reach $17 billion in the long-term[50] Operational Efficiency & Capital Allocation - LAD is improving operating efficiency, targeting SG&A as a percentage of gross profit in the mid-50% range in the long term[17, 27] - In the first nine months of 2025, the company allocated $662 million to share repurchases at an average price of $313 per share[36] - LAD's capital allocation strategy directs capital towards growth and expansion[36]

Financial Performance - Winnebago Industries' Q4 net revenues increased by 7.8% to $777.3 million compared to $720.9 million in F24 Q4[32, 33] - The company's adjusted diluted EPS increased to $0.71 compared to $0.28 in F24 Q4[32, 33] - The gross margin decreased slightly by 30 bps compared to F24 Q4, landing at 12.8%[32, 33] - Free cash flow was $171.2 million in Q4, compared to $29.5 million in the same quarter of the previous year[76] Segment Results - Towable RV segment net revenues decreased by 3.4% to $306.3 million, but operating income increased by 38.3% to $21.4 million[35, 36, 37, 38] - Motorhome RV segment net revenues increased by 17.3% to $361.2 million, but operating income decreased to $(0.3) million[42, 43, 44, 45] - Marine segment net revenues increased by 17.9% to $94.9 million, with operating income increasing to $6.7 million[49, 50, 51, 52] Market Position and Outlook - Barletta achieved the No 3 position in the U S Aluminum Pontoon Market with a 9.0% market share in F25[24] - The company anticipates total wholesale RV shipments of 320,000 – 340,000 units in CY25 and 315,000 – 345,000 units in CY26[17] - Winnebago Industries projects FY26 net revenues between $2.75 billion and $2.95 billion, with a midpoint of $2.85 billion, representing a 2% increase from FY25[67]

Investor Presentation Third Quarter 2025 Results EQT Corporation (NYSE: EQT) 625 Liberty Avenue, Suite 1700 Pittsburgh, PA 15222 Investor Contact TRUST • TEAMWORK • HEART • EVOLUTION 1 October 21, 2025 Cautionary Statements The Securities and Exchange Commission ("SEC") permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves that a company anticipates as of a given date to be economically and legally producible and deliverable by application of d ...

Financial Performance - KREF reported a 3Q 2025 Net Income of $0.12 per diluted share[9] - The company's 3Q 2025 Distributable loss was ($0.03) per diluted share, which includes a realized loss of $14 million, or ($0.22) per diluted share[9] - Book Value per Share (BVPS) was $13.78, including a CECL allowance of $160 million, representing 302 basis points of loan principal balance as of September 30, 2025[9] - Net interest income for 3Q'25 was $25.3 million[10] Portfolio Activity - KREF originated and funded $132 million and $68 million, respectively, relating to two floating-rate loans[9] - The company received $480 million in loan repayments[9] - Multifamily and industrial assets represent 58% of the loan portfolio[9] Liquidity and Capitalization - Available liquidity totaled $933 million, including $204 million in cash and $700 million of undrawn capacity on the corporate revolver[9] - KREF upsized the secured term loan from $549 million to $650 million and reduced the spread by 0.75% to S+2.50%[9] - 77% of secured financing is fully non-mark-to-market, with the remaining balance mark-to-credit only[9] Financing - Diversified financing sources totaled $7.7 billion with $3.1 billion of undrawn capacity[9, 40]