Investor Presentaiton

ESG: Environmental - Air Reducing emissions since 2017(1) Greenhouse Gases (6%) Emission Intensity Rate (33%) Methane Intensity Rate (33%) Natural Gas Average Days Turned to Sales (38%) Reducing emissions through extensive leak detection and repair (LDAR) program Increased facilities on grid power 109% in 2019(3); helping lower emissions by removing onsite generators Reducing greenhouse gas (GHG) emissions using advanced capture and control equipment Vapor recovery units (VRU) on 100% of newly constructed tank batteries; recovery of flash gas volumes increased -70% in Q2 2020(2) Vapor combustion units (VCU) help reduce 95% of volatile organic compounds (VOC) from tank batteries "Green completions" - installing pipeline infrastructure ahead of flowback Vapor balance used during truck loading to combust loading-related emissions Central tank batteries to facilitate economies of scale; allowing for greater emissions capture Forward Looking Infrared FLIR gas imaging cameras used to help identify potential leaks for repair (1) Percentage reductions are based on the Company's calculations reported in 2019 under the Greenhouse Gas Reporting Program. (2) As compared to average daily gross flash gas recovery during 2019. (3) Increase in number of facilities on grid power at December 31, 2019 vs. December 31, 2018. Matador RESOURCES COMPANY 37

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