Matador Resources — Merger or Acquisition (2026)

4 slides from Matador Resources's merger presentation, 2026

Slide 1: Investor Relations Contact and Disclosure Statements
Investor Relations Contact and Disclosure Statements Safe Harbor Statement – This presentation includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. “Forward-looking state
Slide 2: Bolt-On Acquisition of Paloma Resources to Premier Acreage Footprint
Bolt-On Acquisition of Paloma Resources to Premier Acreage Footprint Paloma Acq. Acreage (16,235 net) Paloma Acquisition Overview TWIN LAKES Midstream Assets  Strategic bolt-on in the Northern Delaware Basin Matador Pro Forma Acreage (240,000 net)(1)  16,235 net acres  70% Held-by-Production  $5
Slide 3: Strategic Ridge Runner Woodford Acquisition in Addition to Woodford Ground Game Success
Strategic Ridge Runner Woodford Acquisition in Addition to Woodford Ground Game Success RRR Acq. Acreage (13,600 net) TWIN LAKES Woodford Ground Game + Ridge Runner Acquisition Midstream Assets Woodford Area of Interest  Rae’s Creek well has recorded initial production rates exceeding 2,200 barrels
Slide 4: 2026 Four Strategic Catalysts
2026 Four Strategic Catalysts MAY 2026 JUNE 2026 Q3 2026 Q3 2026 + Brick-by-Brick Acquisitions BLM CARDINAL PALOMA WOODFORD LEASE SALE ACQUISITION ACQUISITION ACQUISITIONS 5,200 net acres acquired +$110MM annualized Adj. EBITDA(1) by 2028 16,235 net acres through strategic bolt-on 50,000 net acres i