Investor Presentaiton

Significant upside opportunity across Kinetik's expansive acreage footprint KINETIK Infrastructure poised to support the next phase of Permian growth Culberson Eddy Lea 1 Kinetik Gas Gathering System Delaware Link Kinetik NGL Permian Highway Gulf Coast Express Shin Oak EPIC Crude Kinetik Processing Complex Waha Hub Serviced Acreage Loving 3 2 Ret 5 Andrews Winkler Ector Ward Pecos Crane 1 Lea and Eddy Counties, New Mexico • Positioned to increase market share with New Mexico gathering system expansion into Lea County 2 Shallow Bone Spring • · Inventory expansion in Loving, Ward and Eastern Reeves with early-stage results of step-outs in Central and Southern Reeves Largest driver of near-term upside given strong oil economics 3 Wolfcamp C • Cost competitive inventory with elevated GORS 4 Barnett and Woodford Shale • Potential in Eastern Loving and Ward Counties reinforced by recent well results Alpine High and Central Reeves geology supports inventory with zero reservoir depletion 5 Treating opportunities • Competitively advantaged with system wide front-end amine treating to handle elevated H2S and CO2 • Growing demand with development of shallower formations and step-outs from the central core of the Delaware Basin 5

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