COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES OFFERING OF $750 MILLION OF JUNIOR-PRIORITY SECURED NOTES DUE 2029 FRANKLIN, Tenn. (

COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES OFFERING

OF $750 MILLION OF JUNIOR-PRIORITY SECURED NOTES DUE 2029

FRANKLIN, Tenn. (January 19, 2021) Community Health Systems, Inc. (the Company ) (NYSE: CYH) today announced that its wholly owned

subsidiary, CHS/Community Health Systems, Inc. (the Issuer ), intends to offer $750 million aggregate principal amount of Junior-Priority Secured Notes due 2029 (the Notes ), subject to market and other conditions (the

The Issuer intends to use the net proceeds of the Notes Offering, together with cash on hand, to repurchase and/or redeem

$750 million (the Tender Cap ) aggregate principal amount of its outstanding Junior-Priority Secured Notes due 2023 (the 2023 Junior-Priority Secured Notes ) and to pay related fees and expenses. In particular, the Issuer

intends to use the net proceeds from the Notes Offering (i) to purchase the portion of the Issuer s outstanding 2023 Junior-Priority Secured Notes that are validly tendered and accepted for purchase in the cash tender offer announced on

January 19, 2021, and (ii) to the extent the aggregate principal amount of 2023 Junior-Priority Secured Notes validly tendered and accepted for purchase in the cash tender offer is less than the Tender Cap, redeem or repurchase (in one or

more open market repurchases and/or privately negotiated transactions) an aggregate principal amount of 2023 Junior-Priority Secured Notes equal to the amount by which the Tender Cap exceeds the principal amount of 2023 Junior-Priority Secured Notes

validly tendered and accepted for purchase in such tender offer.

The Notes will be offered in the United States to persons reasonably believed to be

qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act ), and outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered

under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale in

any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offers of the Notes will be made only by means of a private offering memorandum. This notice is being issued pursuant to and in accordance with Rule 135(c) under the

Forward-Looking Statements

press release may include information that could constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risk and uncertainties. The Company undertakes no obligation

to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.