Investor Presentaiton

U.S. Exports of Propane Hit Record Highs in 2023 MMBbl/d 1.8 U.S. Exports of Propane/Propylene, Quarterly Average (MMBbl/d) Weekly Record High Set on April 14, 2023 of 1.85 MMBbl/d 2020 1.7 2021 1.6 Initial COVID Onset 1.5 COVID 'Normal' and China Lockdowns 1.4 1.3 1.2 1.1 1.0 0.9 60 2020 Avg: 1.15 MMBbl/d 2022 Western Economies Reopening 2021 Avg: 1.18 MMBbl/d 2022 Avg: 1.35 MMBbl/d 2023 2023 Avg YTD: 1.57 MMBbl/d China Reopening 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q | Antero Resources (NYSE: AR) Source: EIA 23

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