Investor Presentaiton

Matador's Significant Officer % Ownership vs. Peer Group Interests Aligned with Shareholders Since January 1, 2020, approximately 200 directors, special advisors and employees, or approximately two-thirds of the staff. have bought Matador stock in the open market! Joseph Wm. Foran Matthew V. Hairford David E. Lancaster Founder, Chairman and CEO President and EVP and CFO Chair of the Operating Committee +389,232 shares +25,500 shares in 2020! 4.62% in 2020! Foran 0.50% +11x 0.44% Peer Average (1 Hairford Craig N. Adams Billy E. Goodwin +25,000 shares in 2020! EVP and COO - Land, Legal and Administration +22,500 shares in 2020! EVP and COO - Drilling, Completions and Production +20,000 shares in 2020! +3x 0.56% 0.17% Peer Average (2) +4x 0.14% Lancaster Peer Average (3) 0.27% +4x 0.07% Adams Peer Average (4) Source: Meridian Compensation Partners, LLC, 2020 Proxy Statements and Form 4s. Note: "Peer Average" represents the 50th percentile of Matador's 2020 peer group (CDEV, CPE, DVN, FANG, MRO, OAS, PE, SM, WPX and XEC) as determined by the Strategic Planning and Compensation Committee and Independent Board. (1) Average among Chief Executive Officers. (2) Average among Chief Operating Officers. (3) Average among Chief Financial Officers. (4) Average among General Counsels. (5) Average among top Production/Operations Executives. 0.24% +3x 0.08% Goodwin Peer Average (5) Matador 6 RESOURCES COMPANY

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