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Investor Presentaiton

Antero: Built to Generate Long-Term Value AR's Corporate Strategy is Built to Deliver Consistent and Repeatable Shareholder Value over the Long-Term World Class Resource + Scale Highly Economic, Multi-Decade Inventory Midstream Integration Fully Integrated & Reliable Midstream Provider F ** Premium Firm Transport Current Access to LNG Fairway & Premium Pricing | Antero Resources (NYSE: AR) Shareholder Returns Product Diversity $ Liquids Uplift & Consistent Repeatable Margins Industry-Best Balance Sheet Providing Unmatched Flexibility Low FCF Breakeven Free Cash Flow Generation + Strong Balance Sheet = Stable Capital Returns 13

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