Transaction Details

Footnotes

Includes a fully vested award of restricted stock units ("RSUs") that may be settled only for shares of common stock on a one-for-one basis. Pursuant to the Report Person's election under the Kinetik Holdings Inc. (the "Company") Amended and Restated 2019 Omnibus Compensation Plan, as amended from time to time (the "Plan"), settlement of such vested RSUs has been deferred until the earlier to occur if the following: (a) the termination of the reporting person's service relationship with the Company or (b) change in control. | While the RSUs remain outstanding, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be reinvested into additional RSUs based on the same amount at which dividends are reinvested pursuant to the Company's Dividend Reinvestment Plan, as amended from time to time (the "DRIP"). The additional RSUs will be immediately vested in full and pursuant to the reporting person's election under the Plan, will be settled at the same time as the initial RSUs subject to the award, as described in Note I above. | Includes an award of RSUs granted to the Reporting Person under the Company's Plan that will generally vest on January 1, 2026, subject to the Reporting Person's continued service relationship with the Company through such date and may be settled only for shares of Class A Common Stock on a one-for-one basis. | Amount reported includes 403 additional RSUs and 1,664 shares of Class A Common stock acquired by the reporting person since the date of the reporting person's last Form 5 in connection with the reinvestment of dividends described herein.