Kinetik Holdings Inc.

Announced a two-for-one split of the company’s Common stock in the form of a stock dividend approved and declared by the board of directors. The stock split will be accomplished by distributing one additional share of Class A common stock for each share of Class A stock outstanding and one additional share of Class C stock for each share of Class C stock outstanding. After giving effect to the stock split, Kinetik expects to have in total approximately 135 million shares of common stock outstanding.