<SEC-DOCUMENT>0001070412-23-000076.txt : 20230503
<SEC-HEADER>0001070412-23-000076.hdr.sgml : 20230503
<ACCEPTANCE-DATETIME>20230503155621
ACCESSION NUMBER:		0001070412-23-000076
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20230503
DATE AS OF CHANGE:		20230503

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CNX Resources Corp
		CENTRAL INDEX KEY:			0001070412
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				510337383
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14901
		FILM NUMBER:		23883519

	BUSINESS ADDRESS:	
		STREET 1:		CNX CENTER
		STREET 2:		1000 CONSOL ENERGY DRIVE
		CITY:			CANONSBURG
		STATE:			PA
		ZIP:			15317
		BUSINESS PHONE:		724-485-4000

	MAIL ADDRESS:	
		STREET 1:		CNX CENTER
		STREET 2:		1000 CONSOL ENERGY DRIVE
		CITY:			CANONSBURG
		STATE:			PA
		ZIP:			15317

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CONSOL Energy Inc
		DATE OF NAME CHANGE:	20090303

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CONSOL ENERGY INC
		DATE OF NAME CHANGE:	19980915
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>def145-3x2023.htm
<DESCRIPTION>DEFA14A
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2023 Workiva -->
<title>Document</title></head><body><div id="i6f3883ee51b9482b905f8926ccb7f9e9_1"></div><div style="min-height:42.75pt;width:100%"><div><font><br></font></div></div><div style="text-align:center"><font><br></font></div><div style="-sec-extract:summary;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">UNITED STATES</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">Washington, D.C. 20549</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">SCHEDULE 14A</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">(RULE 14a-101)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">INFORMATION REQUIRED IN PROXY STATEMENT</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%"> </font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">PROXY STATEMENT PURSUANT TO SECTION 14(a)</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">OF THE SECURITIES EXCHANGE ACT OF 1934</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">(Amendment No.  )</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#9746;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">  Filed by the Registrant&#160;&#160;&#160;&#160;                         &#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Arial Unicode MS',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#9744;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">  Filed by a Party other than the Registrant</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Check the appropriate box&#58;</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9744; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Preliminary Proxy Statement</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9744; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2))</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9744; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Definitive Proxy Statement</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9746; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Definitive Additional Materials</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9744; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Soliciting Material under &#167;240.14a-12</font></div><div><font><br></font></div><div><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:22pt;font-weight:700;line-height:144%">CNX RESOURCES CORPORATION </font></div><div style="text-align:center"><img alt="graphic.jpg" src="graphic.jpg" style="height:89px;margin-bottom:5pt;vertical-align:text-bottom;width:290px"></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">(Name of Registrant as Specified in Its Charter) </font></div><div style="text-align:center"><font><br></font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</font></div><div style="text-align:center"><font><br></font></div><div style="text-align:right"><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Payment of Filing Fee (Check all boxes that apply)&#58;</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9746; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">No fee required.</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9744; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Fee paid previously with preliminary materials.</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%">&#9744; </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font><br></font></div></div><div><font><br></font></div><div><img alt="image.jpg" src="image.jpg" style="height:90px;margin-bottom:5pt;vertical-align:text-bottom;width:720px"></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">May 3, 2023</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">Dear Fellow Shareholders&#58;</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">I am writing in response to Proxy Impact&#8217;s Exempt Solicitation of May 3, 2023. The assertions by Proxy Impact are false and not supported by the record.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">On March 23, 2023, CNX Resources Corporation (&#8220;CNX&#8221;) filed its 2023 Proxy Statement (&#8220;Proxy&#8221;) (and related materials) with the Securities and Exchange Commission (&#8220;SEC&#8221;). The Proxy contains a shareholder proposal from Handlery Hotels, Inc. and its representative Proxy Impact requesting that CNX&#8217;s Board of Directors conduct an annual evaluation and issue a report on how CNX&#8217;s lobbying and policy influence activities align with the Paris Agreement on climate (the &#8220;Proposal&#8221;). CNX&#8217;s Board of Directors oppose this Proposal and included a formal Statement of Opposition in the Proxy. </font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">As Proxy Impact is aware, we have repeatedly reached out and offered to engage with our shareholder, Handlery Hotels. These efforts included communications offering to engage on February 21, 2023, February 27, 2023, March 27, 2023, April 11, 2023, April 17, 2023 and April 24, 2023. I am enclosing a copy of our letter to Jon Handlery, CEO of Handlery Hotels Inc., providing a detailed record of our efforts.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">Proxy Impact&#8217;s allegations are false. I continue to encourage you to review the available materials as you consider your vote.  All of CNX&#8217;s proxy materials, including its Proxy Statement, are filed with the SEC and are available at https&#58;&#47;&#47;investors.cnx.com&#47;sec-filings. </font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">In closing, CNX urges you to vote your shares at its Annual Meeting of Shareholders on May 4, 2023 at 10&#58;00 a.m. EST, and we recommend a vote AGAINST the Shareholder Proposal.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">Sincerely,</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">Nick DeIuliis</font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">President and Chief Executive Officer</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">Enclosures</font></div><div style="text-align:right"><font><br></font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="i6f3883ee51b9482b905f8926ccb7f9e9_7"></div><hr style="page-break-after:always"><div style="min-height:36.18pt;width:100%"><div style="margin-bottom:10pt;margin-top:2pt"><font><br></font></div></div><div><font><br></font></div><div><img alt="image.jpg" src="image.jpg" style="height:90px;margin-bottom:5pt;vertical-align:text-bottom;width:720px"></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">May 3, 2023</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-style:italic;font-weight:400;line-height:112%">VIA UPS Overnight and Email to Proxy Impact </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">Jon Handlery, CEO</font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">Handlery Hotels Inc.</font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">180 Geary Street, Suite 700</font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">San Francisco, California 94108</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">Dear Jon,</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">We note the exempt solicitation that Proxy Impact filed on your behalf today. We have reviewed the exempt solicitation in full and the allegations are without merit. There have been no false or misleading statements or omissions.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">Proxy Impact wrongfully alleges that CNX provided false and misleading information relating to your lack of engagement with CNX.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">A review of the timeline accurately reflects the numerous efforts by CNX to engage with you, and the unwillingness of you&#47;Handlery Hotels, the shareholder, to engage with us.  </font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">We first heard from Proxy Impact, on your behalf, on November 22, 2022, when we received your shareholder proposal (&#8220;Proposal Submission&#8221;).  There was no prior engagement by you&#47;Handlery Hotels to talk with us about any substantive matters or concerns.  In the Proposal Submission, you and Proxy Impact committed to be available to speak &#8220;at a mutually convenient time.&#8221;  </font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">We then proceeded to conduct the proper due diligence and to ensure compliance with SEC rules regarding your Proposal Submission. We informed you and Proxy Impact of deficiencies with the Proposal Submission that were not remedied in our view.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">Pursuant to the SEC rules, on February 21, 2023, we provided to you our Opposition Statement where I welcomed speaking directly with you, Jon Handlery, an officer of Handlery Hotels, our shareholder.  While Proxy Impact confirmed receipt of our Opposition Statement via email on February 22, 2023, there was no response by you or Proxy Impact to engage in a meeting despite our invitation.  </font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">We shortly thereafter followed up with a request on February 27, 2023, to speak with you to discuss the proposal and Proxy Impact responded on March 3, 2023 that it would get back to us with suggested times for a call.  We did not receive suggested times for a call.  </font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">Then, on March 23, 2023, we filed our Proxy Statement which included your shareholder proposal.  Shortly after our Proxy Statement filing, in my letter to you on March 27, 2023, I again extended an invitation to you to contact me at any time to discuss.  Proxy Impact&#8217;s response on March 28, 2023 advised that they will get back to us &#8220;as needed.&#8221;  We did not hear from you, our shareholder.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">On April 7, 2023, well after our Proxy Statement was filed, including your shareholder proposal, Proxy Impact provided the potential call dates.  Maintaining CNX&#8217;s consistent desire to speak with you&#47;Handlery Hotels, our shareholder, we replied on April 11, 2023 (contrary to Proxy Impact&#8217;s allegation that we did not respond to this offer to engage) stating that while Proxy Impact was welcome to arrange and participate in a discussion, we requested your direct participation in any engagement as you are the concerned shareholder.  We filed this response letter with the SEC along with other </font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><hr style="page-break-after:always"><div style="min-height:36.18pt;width:100%"><div><font><br></font></div><div><font><br></font></div></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">related correspondence to ensure that all shareholders have the benefit of important information and details to make an informed voting decision on the Proposal.  We received no response.  </font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">Subsequent to Proxy Impact&#8217;s solicitation filing on April 13, 2023, we reached out yet again with another letter on April 17, 2023, which closed with our looking forward to the opportunity to speak directly with you, and my standing invitation to contact us at any time.  We did not hear back from you.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">Finally, in our last attempt to facilitate a direct shareholder engagement with you&#47;Handlery Hotels, we extended an invitation to you in our April 24, 2023 letter to meet with us, including for an operational field tour to learn more about the company you&#8217;ve invested in.  You declined our invitation on May 1, 2023.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">The record, our letters, and our transparent public filings accurately reflect consistent invitations and a sincere willingness by CNX to engage directly with you&#47;Handlery Hotels. The record also reflects non-responses and an unwillingness by you&#47;Handlery Hotels to engage in direct discussions with CNX.  </font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">We highly value the shareholder engagement process and meeting with the true owners of the company. We continue to seek meaningful dialogue with you&#47;Handlery Hotels, as we do with all our owners.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">As always, Jon, feel free to contact me any time if you would like to speak.</font></div><div><font><br></font></div><div><font style="color:#404040;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:115%">Respectfully,</font></div><div style="text-indent:4.3pt"><font><br></font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">Nick DeIuliis</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:112%">cc&#58;  Michael Passoff, Proxy Impact (via email)</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="i6f3883ee51b9482b905f8926ccb7f9e9_10"></div><hr style="page-break-after:always"><div style="min-height:42.75pt;width:100%"><div><font><br></font></div><div><font><br></font></div></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:107%">Important Additional Information Regarding Proxy Solicitation</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%">CNX Resources Corporation (the &#8220;Company&#8221; or &#8220;CNX&#8221;), its directors and certain of its executive officers and employees may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Company&#8217;s 2023 Annual Meeting of Shareholders (the &#8220;2023 Annual Meeting&#8221;). On March 23, 2023, the Company filed a definitive proxy statement and other related materials with the Securities and Exchange Commission (the &#8220;SEC&#8221;) in connection with the solicitation of proxies for the 2023 Annual Meeting (the &#8220;2023 Proxy Statement&#8221;). </font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%">SHAREHOLDERS ARE URGED TO READ THE 2023 PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT THE COMPANY HAS FILED OR WILL FILE WITH THE SEC BECAUSE THOSE DOCUMENTS CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE 2023 ANNUAL MEETING.</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%">Shareholders may obtain, free of charge, copies of the 2023 Proxy Statement and any other documents filed or to be filed by the Company with the SEC in connection with the 2023 Annual Meeting at the SEC&#8217;s website (http&#58;&#47;&#47;www.sec.gov) or at the Company&#8217;s website (http&#58;&#47;&#47;www.cnx.com) or by writing to the Company&#8217;s Secretary as follows&#58;</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%">CNX Resources Corporation</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%">CNX Center</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%">1000 Horizon Vue Drive</font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:112%">Canonsburg, PA  15317</font></div><div><font><br></font></div><div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-style:italic;font-weight:400;line-height:107%">This statement may contain forward-looking statements, estimates and projections within the meaning of the federal securities laws. Statements that are not historical are forward-looking and may include our operational and strategic plans&#59; estimates of gas reserves and resources&#59; projected timing and rates of return of future investments&#59; and projections and estimates of future production, revenues, income, and capital spending. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those statements, estimates and projections.  Investors should not place undue reliance on forward-looking statements as a prediction of future actual results.  The forward-looking statements in this statement speak only as of the date hereof&#59; we disclaim any obligation to update the statements, and we caution you not to rely on them unduly.  Specific factors that could cause future actual results to differ materially from the forward-looking statements are described in detail under the captions &#34;Forward- Looking Statements&#34; and &#34;Risk Factors&#34; in our Annual Report on Form 10-K for the year ended December 31, 2022, filed with the Securities and Exchange Commission (&#8220;SEC&#8221;) and any subsequent reports filed with the SEC. Those risk factors discuss, among other matters, pricing volatility or pricing decline for natural gas and natural gas liquids&#59; local, regional and national economic conditions and the impact they may have on our customers&#59; events beyond our control, including a global or domestic health crisis&#59; conditions in the oil and gas industry, including a sustained decrease in the level of supply or demand for oil or natural gas or a sustained decrease in the price of oil or natural gas&#59; the financial condition of our customers&#59; any non-performance by customers of their contractual obligations&#59; changes in customer, employee or supplier relationships resulting from the proposed transaction&#59; and changes in safety, health, environmental and other regulations.</font></div><div style="height:42.75pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>graphic.jpg
<TEXT>
begin 644 graphic.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X1#X17AI9@  34T *@    @ ! $[  (
M   /   (2H=I  0    !   (6IR=  $    >   0TNH<  <   @,    /@
M   <Z@    @
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M                                                 $UU;69O<F0L
M($IA<V]N    !9 #  (    4   0J) $  (    4   0O)*1  (    #-#8
M )*2  (    #-#8  .H<  <   @,   (G      <Z@    @
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M                         #(P,C,Z,#,Z,C0@,34Z-# Z-3( ,C R,SHP
M,SHR-" Q-3HT,#HU,@   $T =0!M &8 ;P!R &0 +  @ $H 80!S &\ ;@
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M*BHJ*BHJ*BHJ*BHJ*BHJ*BHJ*BK_P  1" !9 2(# 2(  A$! Q$!_\0 'P
M 04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%! 0
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M-%G[I]1[&O'/BM_R/US_ -<8_P#T&ND\'6>K-K,5UID1\I&VRNYVH5[C/?\
M#/:N;^*W_(_7'_7&/_T&O0RW^/\ (\///]U^:.,HH-)7T9\0;_A'Q3<>%-:6
M[A!DMY,+<0Y^^O\ B.W_ ->OH?3]0MM4T^&]L95E@F7<CJ>O_P!>OEJNV^'7
MC9O#FH_8K^0_V9<M\Q/_ "Q?^\/;U_/MSY>.PGM%[2&Z_$]_*<Q]A+V-1^Z_
MP/=ST-?+^M?\AZ__ .OJ3_T(U]/AU>,,A#*PR"#U%?,&M?\ (>O_ /KZE_\
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M_(3_ !*>0?RIH"C6]X-U)-,\20O,P6*93"['MGI^H%8-%,#WFBO,]%\?7=A
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"_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image.jpg
<TEXT>
begin 644 image.jpg
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M!=R$$$(((81$$ 7<A!!"""&$1! %W(000@@A $Z?/AWM(9"'% 7<A!!"""$
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MC$8CK%:KSS;,9C.:FYNQ=^]>M+2T<'W9[788# ;8[7;N>IQ.)]>/^T_WSP%
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M5&S;5H)MVTJ0EC9[P9?Y9.>);\-:1"E=,G/Y=CX$L^M).-[>N"+@[0P)(00
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MR @<#@=,)A-&1D:X,106%N+<N7-0J]50J533 E"#P0"I5,J-N["P$ !@L5C
M, SV[MW+G5-75P>[W8[:VEH @$JE@MUNA\UF@\5B07]_OU?;5JO5*^@]<.
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MWV&$+[:Q<:A./1P;W!-""'GP+%BP(-I#( ^I@)-_%RY<R%NG@X/7()$\O%O
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:$$(BZ/\#'VC6:"WIGEH     245.1*Y"8((!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
