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Investor Presentaiton

Coal Plant Retirements Large amounts of coal plant retirements provide upside to natural gas power generation through 2030 Coal Plant Capacity Retirements (2022-2030) 12,000 10,000 8,000 \ 6,000 4,000 2,000 יוי 10 9 80 7 96 5 4 Bcf/d 3 2 1 0 0 2022 2023 2024 2025 2026 2027 2028 2029 2030 Total Coal Retirement Cumulative Displaced (Bcf/d) | Antero Resources (NYSE: AR) Source: U.S Energy Information Administration (EIA). 21
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