Antero Midstream Partners Investor Presentation Deck

4-year Organic Project Backlog: 2019-2022 "High-graded" organic project backlog of $2.0B through 2022 $2.0B Project Backlog - By Area Ohio Utica $75 4% MM Marcellus $1,900 MM 96% Primary focus on rich gas Marcellus infrastructure $2.0B Project Backlog - By Function Processing & Fractionation JV $500 MM 25% Low Pressure Gathering $450 MM 23% 4-year identified project inventory of $2.0B Note: Processing and fractionation JV includes $200MM of capital incremental to original $800MM investment for additional processing facilities constructed in the 5-year plan. NS 6 Fresh Water High Compression $350 MM Pressure $450 MM 18% Gathering 23% $225 MM 11% 28

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