Investor Presentaiton

7 Premier Permian Acreage Footprint World Class Resource Gaines Low Cost Operations World Class Assets in a World Class Basin Andrews Dawson Permian Leader The Must-Own Permian Pure Play DIAMONDBACK Financial Strength Best in Class Core Inventory Quality and Depth (<$40 WTI Break Evens) Borden | L I Transaction extends duration of high quality inventory development I while maintaining status quo base production decline I Howard >1.5x ~6,100 Ector Midland sscock ~3,800 Crane Upton Reaga DIAMONDBACK ENERGY Endeavor Energy Resources" Overlapping Acreage ☑ Land Synergy Potential Diamondback Acres: 350k Endeavor Acres: 344k Crocket Pro Forma Midland Acres: 694k D DIAMONDBACK ENERGY Combination creates peer leading inventory quality and duration +C DIAMONDBACK ENERGY

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