Antero Midstream Partners | Mergers and Acquisitions Presentation Deck

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disclaimer 1/1 list 1/1 title 2/2

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disclaimer numbered action-title headline

Tools 1

list/numbered: 1. Share repurchase program authorized over the next 12 to 18 months 2. Expected to be funded through visible, accretive sources 3. Disciplined approach to share repurchases

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Frameworks 1

capital-allocation-framework 80%

Describes the authorization, funding, and balance sheet constraints for a capital return program.

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Includes specific financial targets for net debt to LTM EBITDAX.