Kinetik (KNTK) investor relations material

Executive summary

• Achieved significant strategic progress in 2025, including doubling gas processing capacity and enhancing operational reliability with the Kings Landing Plant and Barilla Draw acquisition.

• Strengthened financial resilience through divestitures, refinancing, and updated capital allocation prioritizing organic investment, annual dividend increases, and share repurchases.

• Reported year-over-year growth in Adjusted EBITDA and processed gas volumes, positioning for long-term value creation.

Voting matters and shareholder proposals

• Stockholders will vote to elect 10 directors, approve a non-binding resolution on executive compensation for 2025 (say-on-pay), and ratify KPMG LLP as independent auditor for 2026.

• Board recommends voting FOR all proposals.

• Stockholders of record as of March 27, 2026, are eligible to vote at the virtual meeting on May 19, 2026.

Board of directors and corporate governance

• Board consists of 10 nominees, with Blackstone and I Squared entitled to designate directors based on ownership thresholds.

• Board skills matrix includes expertise in governance, finance, M&A, risk management, sustainability, operations, and regulatory matters.

• 90% of board members are independent; all committees are composed of independent directors.

• Board leadership structure separates Chair and CEO roles, with a Lead Director designated annually.

• Annual board and committee evaluations are conducted to enhance effectiveness.