A standard PNG cannot hold every EXR value the same way
OpenEXR is used for image data with a wide range of light values and may include channels beyond a typical display image. PNG is more widely supported but is commonly viewed as a standard-range raster output.
The conversion therefore involves a rendering decision. Exposure and tone mapping determine how highlights and shadows appear; a PNG preview should not be treated as an untouched substitute for the EXR working image.