Antero Resources (AR) Proxy filing summary

Executive summary

• Achieved 1% net production growth in 2025 while keeping drilling and completion capital at the low end of budget; reduced net debt by $301 million, lowering leverage by 50%.

• Repurchased $166 million in shares and completed key executive transitions, including appointing a new CEO and separating the Chairman and CEO roles.

• Maintained strong investor outreach and received positive feedback on executive compensation and sustainability initiatives.

Voting matters and shareholder proposals

• Shareholders will vote to elect two Class I directors, ratify KPMG LLP as auditor for 2026, and approve executive compensation on an advisory basis.

• Voting can be done online, by phone, mail, or during the virtual annual meeting.

Board of directors and corporate governance

• Board consists of eight directors across three classes, with seven out of eight being independent.

• Board committees include Audit, Compensation, Nominating & Governance, Conflicts, and Environmental and Safety.

• Board leadership structure currently separates Chairman and CEO roles; annual self-evaluations are conducted.

• Directors are elected by plurality; a majority vote resignation policy is in place.