Kinetik Holdings Inc

Lobbying Governance

AI Extracted Evidence Snippet Source

###### Political Engagement

With rapidly shifting energy policy at the federal, state, and local levels, it is important that we stay abreast of the latest developments and provide feedback on pending legislation. In doing so, we prioritize **transparency and ethical conduct in our political activities, aligning our efforts with our broader sustainability objectives.**

We commonly engage with local, state, and federal political leaders, policymakers, and regulators via our industry associations. As a result of our employees' experience and expertise in our industry, Kinetik representatives may be asked to participate in industry trade associations, focus groups, seminars, or other activities. We take great pride in having industry-leading subject matter experts across multiple disciplines within our organization. However, it is crucial for Kinetik to achieve internal consensus and consistently convey a unified message that aligns with the strategic goals and vision of the Company as a whole. To ensure this coherence, Kinetik follows guidelines for corporate memberships which enable us to effectively represent and communicate the collective interests of our organization. Please see the Awards and Memberships section for more details on our industry association memberships and Stakeholder Engagement for details on how and on which topics we engage with industry associations.

Kinetik firmly adheres to its Stakeholder Engagement Policy, which prohibits the establishment of corporate Political Action Committees (PACs). As part of our commitment to ethical conduct, we do not make any financial contributions to political parties or candidates. In addition to these measures, our Code of Business Conduct and Employee Handbook encompass further policies that specifically address interactions with public officials and industry activities. These comprehensive guidelines aim to ensure that our engagement with public officials and other stakeholders aligns with the highest standards of integrity and transparency.

https://www.kinetik.com/wp-content/uploads/2023/07/Kinetik_2022_Sustainability_Report.pdf

At Kinetik, we will use the following governance structure to embed ESG within our business: Internal Stakeholder Role for ESG Program Board of Directors Governance and oversight President & CEO Monitoring implementation Executive Steering Committees Strategic development ESG Working Committee Implementation Senior Director, Sustainability & Communications Coordination of all ESG initiatives [...] Our Board of Directors, composed of our major shareholders and four independent directors, provides governance and oversight to our ESG program. [...] Our President and CEO provides executive leadership to our organization, which includes the overall vision for the Company and its ESG philosophy and monitoring the implementation of the ESG program. [...] Executive Steering Committees help provide strategic development of our ESG goals and program, and include a CEO Oversight Committee and an Executive Steering Committee. [...] ESG Working Committee leads the implementation of ESG goals and program. [...] Senior Director, Sustainability & Communications provides coordination of all ESG initiatives within the company.

https://www.kinetik.com/wp-content/uploads/2022/06/Kinetik-Sustainability-Linked-Financing-Framework-FINAL.pdf